New Home Loan

Why should you take a home loan through a mortgage broker?

The key advantage of engaging a mortgage broker is that they can shop for the home loan interest rates for you. They can help you save your time and effort by working on your behalf to find the best interest rates available. Moreover, the service of the local (Singapore) mortgage broker is free‚Äč.

How does a Financial Institution assess your home loan application?

For new home owners, Financial Institutions are able to finance up to 80% of your property purchase price. There will be an income assessment by the Financial Institutions prior to the approval, to fulfill the Total Debt Servicing Ratio (TDSR) of not more than 60% . Upon approval, there are options of fixed and floating rates packages for your consideration.

How do you benefit from taking your home loan through a bank and mortgage broker?

With our many years of experience, we are well connected to and work closely with the banks. With this, you may even get better interest rates than if you go directly to the bank, because mortgage brokers give and refer many loan customers to the banks, so they may help you to bargain and negotiate with the banks to get better interest rates than what the home loan officer is offering. So, you should consider mortgage broker as your home loan guide. They work closely with borrowers throughout the entire home loan process until the deal is closed (the loan is successfully approved and accepted). In addition, mortgage brokers are also more available than loan officers at the banks since they work with fewer borrowers, and also on a more personal level.

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Step 1

Your property Details

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Step 2

Your Loan Details

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Step 3

Compare

Property Type

Status of property

Have you bought your property already?

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Step 1

Your property Details

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Step 2

Your Loan Details

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Step 3

Compare

Number of loans excluding this enquiry

* HDB buyers cannot have any other outstanding home loans

Purchase Price

e.g. 500000

Loan tenure needed

  • 5
  • 10
  • 15
  • 20
  • 25
  • 30
  • 35

25Year

*You can only loan up to 60% because:

- Your loan tenure exceeds 25 years

What % of the price would you like to loan? (LTV)

  • 10
  • 20
  • 30
  • 40
  • 50
  • 60
  • 70
  • 80

80%

Which package appeals to you more?

* Fixed rates are available only to completed properties.