TDSR question

[wildfaye29]

Hi gurus,

does a person who is a guarantor for somebody else's property purchase affect his own TDSR if he were to buy his only property?

He does not have any property, this purchase will be his first. He only has a car loan.

Any help appreciated!

[leesg123]

Hi gurus,

does a person who is a guarantor for somebody else's property purchase affect his own TDSR if he were to buy his only property?

He does not have any property, this purchase will be his first. He only has a car loan.

Any help appreciated!

Yes, across the board.

[mermaid]

I heard ppl mentioning abt AUM or equity financing to get loan despite hitting the 60% limit.

anyone done tat?
wat's the criteria?

[creative_vitamin]

Hi gurus,

does a person who is a guarantor for somebody else's property purchase affect his own TDSR if he were to buy his only property?

He does not have any property, this purchase will be his first. He only has a car loan.

Any help appreciated!

do not think so if the guarantor is done before

[wildfaye29]

Hi guys, thanks for all replies.

I guess the best way is to check w MAS and/or banks!

Thank you all!