Rules for New Housing Loans
Explains housing loan rules, including maximum limits on loan tenure, loan-to-value ratio, mortgage servicing ratio and total debt servicing ratio.
Notices
Notice 825 Residential Property Loans
Rules for finance companies when granting residential property loans to individuals and non-individuals.
Issued pursuant to:
Applies to:
Finance Company
View Notice
Notice 825 Residential Property Loans
(546.9 KB)
This notice applies to all finance companies in Singapore. It sets out the requirements for finance companies to comply with when granting new and refinanced residential property loans, including loan-to-value limits and loan tenure rules.
Amendment Notes
- 06 Apr 2020
- MAS Notice 825 (Amendment No. 2) 2020 (550.6 KB) takes effect.
- 18 Feb 2020
- MAS Notice 825 (Amendment) 2020 (550.4 KB) takes effect.
- 06 Jul 2018
- MAS Notice 825 (Amendment) 2018 (415.5 KB) takes effect.
- 12 Dec 2017
- MAS Notice 825 (Amendment 2) 2017 (206.6 KB) takes effect.
- 11 Mar 2017
- MAS Notice 825 (Amendment) 2017 (131 KB) takes effect.
- 10 Feb 2014
- MAS Notice 825 (Amendment) 2014 takes effect. MAS Notice 825 last revised on 10 February 2014 (332 KB).
- 28 Aug 2013
- MAS Notice 825 dated 27 Aug 2013 takes effect.
- 28 Aug 2013
- MAS Notice 825 dated 13 January 2011 and last revised on 28 Jun 2013 is cancelled.
Related to this Notice
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ExplainersPublished Date: 26 December 2018
Mortgage Equity Withdrawal Loan Rules
Explains mortgage equity withdrawal loan rules, including loan-to-value limits, tenure cap and other applicable rules such as total debt servicing ratio.
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Media ReleasesPublished Date: 06 July 2018
Raising Additional Buyer's Stamp Duty Rates and Tightening Loan-to-Value Limits to Promote a Stable and Sustainable Property Market
Singapore, 5 July 2018… The Government announced today adjustments to the Additional Buyer’s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. Status of the Private Housing Market 2. After...
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ExplainersPublished Date: 05 July 2018
Refinancing Rules for Housing Loans
Explains the loan tenure cap, loan-to-value and other requirements for refinanced housing loans.
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CircularsPublished Date: 04 September 2014
Borrowers Who are Individuals and Who Own Residential Property Gazetted for Acquisition (August 2014)
Explains the application of MAS Notices on Housing Loans to borrowers who are individuals and who own residential property gazetted for acquisition.
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CircularsPublished Date: 03 September 2013
Borrowers Who are Individuals and Who Own Residential Property Gazetted for Acquisition (Amended from Circular dated 22 July 2013)
Explains the application of MAS Notices on Housing Loans to borrowers who are individuals and who own residential property gazetted for acquisition.
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Monographs/Information PapersPublished Date: 28 June 2013
Thematic Inspection of Residential Property Loans Business
Information paper on underwriting and lending practices of banks’ residential property loans business, including areas where underwriting and lending practices could be improved and sound practices observed during MAS’ thematic inspection in 2012.
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CircularsPublished Date: 01 March 2005
BD 04/2005: Central Provident Fund Board’s Measures to Address Cashback Transactions for Resale HDB Flats
Informs financial institutions to use the same valuation as CPF Board in computing the maximum loan amount under MAS’ Notices on Housing Loans.
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CircularsPublished Date: 30 December 2004
BD 14/2004: Cash Rebates Offered for Housing Loans
Informs financial institutions that cash rebates offered for housing loans are not permitted under MAS’ housing loan rules.