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

[Arcachon]

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

[Xan]

Which bank?

[Arcachon]

Should ask which Bank not offering.