Residential Loan Information
LoanFirst LoanSecond LoanThird Loan
AgeUp to 65Up to 70-75Up to 70-75Up to 65Up to 70-75Up to 70-75Up to 65Up to 70-75Up to 70-75
Loan TenureUp to 30 yearsUp to 30 years31-35 yearsUp to 30 yearsUp to 30 years31-35 yearsUp to 30 yearsUp to 30 years31-35 years
Maximum Loan To Value (LTV) Limit75%55%55%45%25%25%35%15%15%
Min
Cash
Down
5%10%10%25%25%25%25%25%25%

All Co-borrowers must be mortgagors. Also there is a Total Debt to Servicing Ratio of 60% based on a Stress Test Interest Rate at 3.5%