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Thread: Waiver of TDSR - Outstanding Loan less than 60% of valuation

  1. #1
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default Waiver of TDSR - Outstanding Loan less than 60% of valuation

    Another bank offers these terms for REFINANCING

    Scenario 1: Housing loan property <60% LTV unlimited TDSR

    Scenario 2: Housing loan >60% but <80%, 500% Tdsr, credit pass and able to justify servicing ability

    Scenario 3: Housing loan and term loan w cpf <60% unlimited TDSR

    Scenario 4: Loan to value >60% but below 73 or 78% depending on when TL was applied, up to 500% tdsr, credit pass and able to justify servicing ability.

    Scenario 5
    Loan <1.5mil and CMV <2.5mil
    <60% LTV, Unlimited tdsr, Need to justify servicing ability

    Scenario 6
    Loan <1.5mil and CMV <2.5mil
    >60% LTV and <80% LTV, TDSR 100%, justify servicing ability

    Scenario 7
    HL >1.5m or CMV >2.5m
    <60% LTV, TDSR 500%, justify strong servicing ability and subjected to credit review

    Refi existing term loan, NO CASH OUT ALLOWED

    Scenario 8
    <60% LTV inclusive of CPF, unlimited TDSR justify servicing ability

    Scenario 9
    Loan <3mil
    >60% LTV and <73 or 78% LTV inclusive of CPF depending on date of TL applied, TDSR 100% justify servicing ability

    Scenario 10
    Loan >3mil
    >60% LTV and <68% LTV inclusive of CPF, TDSR 100% justify servicing ability

    PRE-REQUISITE
    Prompt payment records in CBS

    No DRP3% needed for all the above regardless of own stay or investment.

    Other scenarios will be subjected to credit review and approval.

    https://consultant.icompareloan.com/sign-up?ref=1609
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  2. #2
    Join Date
    May 2010
    Posts
    1,259

    Default Re: Waiver of TDSR - Outstanding Loan less than 60% of valuation

    Which bank?

  3. #3
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default Re: Waiver of TDSR - Outstanding Loan less than 60% of valuation

    Should ask which Bank not offering.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

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