MAS Broadens Exemption from TSDR Threshold for Refinancing

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(11-02-2014, 01:32 PM)chialc Wrote:
(11-02-2014, 12:57 PM)opmi Wrote: Must the shares be collateralized with the bank loan?

Yes.
If pledge < 4 yrs then can use 30% as your montly gross income calculation
If pledge > 4 yrs then 70% aka <asset value pledge> * 70% / 48

Life is beautiful, isn't it?

Heart Love Compassion

Hi Opmi, I think the correct way is:
1. If don't pledge, take 30% / 48
2. If pledge, take 70% / 48

Not pledge less than 4 yrs.

Correct me if I am wrong.
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Messages In This Thread
RE: MAS Broadens Exemption from TSDR Threshold for Refinancing - by sunrocker - 11-02-2014, 01:42 PM
Rental income - by chialc - 12-02-2014, 10:59 AM

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