TDSR limit waived for borrowers seeking deferred mortgage payments: MAS

To help ease the impact on the covid-19 pandemic, the latest move by MAS allows borrowers defer their mortgage payments. MAS is granting waiver for applying Total Debt Servicing Ratio (TDSR) limit. This applies to both residential and non-residential mortgages. Where applicable, MAS will also grant similar concession to borrowers under the Mortgage Servicing Ratio (MSR) scheme.


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