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Evening Staley,

If you are paying only 5% for OTP deposit, this would indicate that you have obtain 80% loan. Under MAS ruling, 5% must be in cash and remaining 15% in combination of CPF and cash.

FYI
Mike Lim
 96929209 
ERA Read More

Hi Stanley,

1% and 4% has to be in cash form. As for the remaining, what Mike and Valery has mentioned is only applicable if you are eligible to take up 80% loan. MAS has recently announced new requirements for loans therefore if you are keen to know more about the breakdown, please contact me such that I can forward you a copy of the table.

Regards,

Geryl LIM
District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg

**Aspiring to be your preferred partner in real estate** Read More

Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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Shalom

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Koh Z H
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