Bank Home Loans – HDB Home Loan l Private Property Housing Loan l Equity Term Loan
Hdb and Private property home loans Residential mortgage loans are home loan financing that a borrower/borrowers obtained when buying a residential property like a HDB flat, apartment, condominium or a landed terrace house. The property is used as collateral of the mortgage, secured by a lien on the property which borrowers repay over a specified tenor at a certain interest cost.
Home loans in Singapore are commonly pegged to the Singapore Interbank Borrowing Rate (Sibor), Swap Offer Rate (SOR), Bank's board rate or fixed interest rates.
Other terms of mortgage loans are housing loans and property loans etc. Features of a mortgage loan such as the size of the mortgage, quantum of financing, maturity, interest rate, repayment, lock in period, penalties, subsidies, interest offset features, valuation and other characteristics can vary considerably between different banks and financiers.
The borrower of the mortgage loan is known as the mortgagor. The mortgagor can be an individual or an enterprise.
Property Loan Singapore, we understand that buying the biggest purchase in your life or refinancing your mortgage home loan can seem complicated and confusing at times. Hand holding you step by step in understanding the various processes and helping you make the right decisions based on your needs & priorities are what we do every single day. Our track record of service and reliability, you can be assured that your needs are well taken care off.
If your property has appreciated in value over the years, an equity term loan may allow you to cash out capital funds from your property. Please note that equity term loans are not applicable for HDB flats.
If your existing home loan is now out of the lock in period running on a higher interest rate tier, refinancing your home loan may provide you with substantial interest reduction and cost savings.
Call us today for a discussion of the finest financing solutions. Loans Brokerage Solutions to bring you Savings !
Our Brokerage Services:
Property Loans Singapore
HDB Housing Loans
Private Property Home Loans (ECs, Apartments, Condomiums, Landed Properties, BUCs)
Mortgage Equity Term Loans
Fractional Part-Purchase Mortgages
Indicative Property Valuation check
Features and Benefits:
Attractive Interest Rates
Widest range of packages
Choice of Fixed Rates / Variable Board Rate / Sibor-Pegged / SOR Pegged / Flat Rates
New Purchase / Refinancing / Equity Term
Completed / Building Under Construction Properties
Financing quantum up to 80% of valuation or purchase price whichever is lower
Applicable only for Singaporean, Permanent Resident and Foreigners
Fast approval and Hassle free
General Documentations Requirements (New Purchase):
Copy of NRIC / Passport
Income Documents:
Latest 3mths Computerised Payslip
Latest Income Tax Notice Of Assessment (Last 2 years if self-employed)
Latest 12 months CPF contributions history
Latest CPF Ordinary Account Balance statement
Option to Purchase (OTP) / Sale and Purchase Agreement (S&P)
Valuation Report (For HDB)
HDB My Flat Statement
General Documentations Requirements (Refinancing & Term Loans):
Copy of NRIC / Passport
Income Documents:
Latest 3mths Computerised Payslip
Latest Income Tax Notice Of Assessment (Last 2 years if self-employed)
Latest 12 months CPF contributions history
Latest CPF Ordinary Account Balance statement
HDB My Flat Statement
Outstanding loan statement with current financier
CPF Withdrawal statement
Letter of offer with current bank financier
Application Process:
step by step
Contact us today to start saving:
Our Brokerage Solutions bring you Max Savings - Widest Selections l Independent Advisory l No Conflict of Interest l Service Excellence l Our Interests is Your Savings and Long Term Partner!
contact us
Tel : 9455 1623
HP : 9455-1623
Email: enquiry@propertyloan.com.sg
Please provide us with your name, contact number, email and message to facilitate the processing of your enquiry.
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