QUOTE(eric.tangps @ Nov 9 2010, 12:00 AM)
My intepretation :
1. 3rd House Financing - 3rd Property Financing to be taken with any financiers. Financiers can check the financing via CCRIS which will report under House Financing. I believed it will be irrespective under Single or Joint. So as long as 2, 90% and 3rd falls into 70%.
2. Borrower term is subjective, could be individual or company. Best singled out both - 70% if 3rd property but Company, not sure if check Directors too.
Should be clear in few days time, as usual govt loves to give out vague guidelines.
Nov 10 2010, 11:03 PM

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