Document background
The Mortgage Loan Agreement is a fundamental document in Singapore's property financing landscape, used when individuals or entities seek to purchase real estate with borrowed funds. This agreement, governed by Singapore law and MAS regulations, establishes the legal framework for the loan, including security interests, repayment obligations, and enforcement rights. It must comply with strict regulatory requirements including TDSR and LTV limits, and typically involves detailed provisions for property valuation, insurance, and default scenarios. The agreement is essential for both residential and commercial property transactions in Singapore.
