Many EC buyers have expressed dismay as the value of their loans have shrunk with the introduction of MSR. However, this trend may soon reverse, and lenders are likely to reconsider the terms of the loans. In this article, we discuss MOP, TDSR, and MSR as they pertain to EC financing.
EC MOP
If you’re looking to buy an EC but aren’t sure whether to go for a new build or MOP, there are two ways to get your money’s worth. One way is to go for a new build, but this will take at least five years, so you’ll have to wait a few years after the MOP is over before you can buy one. Another option is to purchase a resale unit, which means that the EC you’re buying has already been built. However, this can be a tricky process because of MSR, as you’ll need a bigger …