• Mortgage Supermart Singapore
  • Residential Mortgage Loans
  • Commercial and Industrial Property Loans
  • Overseas Property Loans
  • SME Business Loans and Financing
  • Mortgage Supermart Singapore

    Loans Brokerage Solutions to bring you Savings and Smiles - About Mortgages, About Loans, About Financing.

    Read more
  • Residential Mortgages & Equity Term Loans

    HDB Housing Loans, ECs, Apartments, Condominiums and Landed Property Loans, Equity Term Loans, Fractional Part Purchase Mortgages.

    Read more
  • Commercial & Industrial Property Loans

    Commercial Offices, Industrial Buildings, Factories, Warehouses, Business Property Financing, Equity Term Loans, Business Overdraft.

    Read more
  • Overseas Home Loans & Int Property Financing

    Destinations - Australia, New Zealand, United Kingdom (UK), London, Thailand, Malaysia, Japan

    Read more
  • SME Business Loans & Financing

    Business Term Loans, Micro Loans, Factoring, Trade and Invoice Financing, Machinery & Equipment Hire Purchase, Business Vehicle COE Financing, Merchant Cash Advance.

    Read more

About Us

About Mortgage Supermart SingaporeAbout Mortgages, About Loans, About Financing, Mortgage Supermart is Singapore's Leading Loan Brokerage Hub.

Read more

Our Services

Mortgage Supermart Services 3We provide 4 segments of Loan Brokerage Solutions – Residential Pty, Commercial Pty, Overseas Pty & SME Business Financing.

Read more

Contact Us

Contact Mortgage Supermart SingaporeCustomized solutions - We understand that the needs & priorities of every individual customer or business is unique.

Read more

Quick View

  • News Updates
  • Promotions - Scoop the BEST deals in town!
  • How it works
  • Glossary

interest rate pic cartoon 2Difference between Flat Rate & Effective Interest Rate:

 

From the above illustration example, we can see that Flat Interest Rate is about 1.92 times more than an Effective Interest Rate term. Depending on the loan tenure, as a general rule of thumb, Flat Interest rate terms are almost always about 2 times of Effective Interest Rates. - See more at: http://www.mortgagesupermart.com.sg/resources/articles/194-difference-between-flat-rate-and-effective-interest-rate#sthash.TZQpYYcK.dpuf

 

What is a Flat Interest Rate? A Flat Interest Rate plan computes interest payments based on the initial original principal. In Singapore, this is commonly applied to car and business loan financing.

In January 2013, MAS revised the Mortgage Servicing Ratio (MSR) to be capped at 30% of a borrower’s gross monthly income for loans granted by financial institutions for the purchase of HDB flats. - See more at: http://www.mortgagesupermart.com.sg/blog/19-3-new-tweaks-to-the-executive-condominium-scheme-an-ec-cooling-measure#sthash.h2k9G0sM.dpuf
-    Prices outside the central region remain heated as prices rose by 3.8% as compared to 1.4% in Q1 2013. - See more at: http://www.mortgagesupermart.com.sg/blog/15-q2-2013-singapore-real-estate-statistics-mortgage-supermart-singapore#sthash.oN3KuC9Q.dpuf

-    Prices of private residential real estate properties continued to show strong growth, increasing by 1% in the second quarter as compared to a 0.6% price increase in Q1 of 2013.

-    Non-landed property prices in the core central region decreased slightly by 0.2% as compared to a 0.6% rise in Q1 2013.

-    Prices outside the central region remain heated as prices rose by 3.8% as compared to 1.4% in Q1 2013.

- See more at: http://www.mortgagesupermart.com.sg/blog#sthash.y0bPZZnA.dpuf

> Read more

 


curious-businessman-listens-to discussions smallFree Classified Directory and Business Listing:

There is a slowdown of price increases in private residential properties in Q3 2013 as compared to the previous quarter. Prices rose 0.4% in the third quarter as compared to a 1.0% increase recorded in second quarter.

Rentals of private residential properties rose by 0.2% in Q3 2013 as compared to a 0.3% increase in Q2 2013.

- See more at: http://www.mortgagesupermart.com.sg/blog#sthash.oxMmZ0jq.dpuf

There is a slowdown of price increases in private residential properties in Q3 2013 as compared to the previous quarter. Prices rose 0.4% in the third quarter as compared to a 1.0% increase recorded in second quarter.

Rentals of private residential properties rose by 0.2% in Q3 2013 as compared to a 0.3% increase in Q2 2013.

- See more at: http://www.mortgagesupermart.com.sg/blog#sthash.oxMmZ0jq.dpuf

Publish and promote your business and products on our FREE classified directory listings and join us for serious and non-serious talk cock discussions for everything under the sun. This is your local kampong coffee shop chat corner. Share your gossips, talking cock, chatters, views, pictures and laughter!

> Read more


Big-AnnouncementExemptions of TDSR and MSR threshold limits broaden

MAS broaden exemptions of the TDSR & MSR threshold of 60 per cent and 30 per cent limits respectively for residential owner occupied mortgages.

Under the revised rulings, owner-occupied residential home loans obtained before 29 June 2013 will be exempted from the TDSR & MSR threshold.

 > Read more

 

 

-    Prices of private residential real estate properties continued to show strong growth, increasing by 1% in the second quarter as compared to a 0.6% price increase in Q1 of 2013.

-    Non-landed property prices in the core central region decreased slightly by 0.2% as compared to a 0.6% rise in Q1 2013.

- See more at: http://www.mortgagesupermart.com.sg/blog#sthash.oxMmZ0jq.dpuf

 

Effective 29 June 2013, MAS have introduced a Total Debt Servicing Ratio (TDSR) framework to ensure consistency in credit underwriting for property loans granted by financial institutions to individuals. The individual is inclusive of sole proprietorships and investment vehicles set up by an individual solely to purchase property.

The new framework will require all financial institutions to take into account borrowers’ other outstanding debt obligations when granting a mortgage. This framework is meant to strengthen financial prudence among borrowers.

- See more at: http://www.mortgagesupermart.com.sg/blog#sthash.7ei07jyN.dpu

best choice best price new packages

Hot Sellers!!! Year 1 Year 2 Year 3 Thereafter Subsidies Features
 Residential - Fixed Rates  1.20%  1.40%  1.50%  2.50%  Nil  Lowest Fixed Rate deal at 1.367% average 3 yrs
 Commercial - Sibor Pegged  3M Sibor + 1.12%  3M Sibor + 1.22%  3M Sibor + 1.82%  3M Sibor + 2.88% Yes, with legal, valuation & fire insurance  The only deal with full subsidies worth >$3000.
Overseas - Equity Term Loans
 3M Sibor + 2.5%  3M Sibor + 2.5%  3M Sibor + 2.5%  3M Sibor + 2.5%  Nil  Cash out from the asset appreciation on your overseas properties!
 SMEs - Business Micro Loans  2.9%  2.9%  2.9%  2.9%  Nil Refinance and switch to the BEST unsecured business term loan today!
            >> More Deals

Step 1-1Step 1: Contact us by Phone, Enquiry Form or Email.

We comb the entire market for the best deals in town! Contact us by phone, email or enquiry form, providing us with your name, contact number, email and details of your financing needs and we'll get back to you as soon as we can. We'll follow up with a call for a basic fact find to better understand your priorities, needs and requirements and send you the approriate follow up information via email.


 Step 2-1Step 2: Proposal, Discussion, Application Submission and Processing

An appointment will be sceduled for proposal, discusssion and application processing with the submission of the relevant documentations. Documents will be submitted to the banks and financial institutions for processing the next working day. The banks or financial instutitions may contact you further for any further enquires or outstanding documents.  


 Step 3-1Step 3: Approval and Acceptance of the Letter of Offer

Once the application is approved, the bank will contact you to arrange for your acceptance of the offer. A letter of offer will be generated for your signing and acceptance. Upon acceptance of the letter of offer,the bank will appoint your laywer and valuer to act and prepare for the draw down of your loan.


Step 4-1Step 4: Feedbacks and Suggestions

We'll follow up with a quick survey on your user experience. We welcome all feedbacks and suggestions. Please let us know how we can serve you better in the future.

Glossary - Terms and Definitions 2

Approval-in-principle (AIP) - An indication by the bank of the amount of home loan that a prospective purchaser is eligible for. Terms of approval depends on various factors such as income of borrowers, credit standing, property valuation etc. It is advisable to secure and in principal approval before committing to the option.

Mortgage broker - An Independent advisor offering mortgage solutions from multiple lenders. A mortgage broker counsels on the loans available from different wholesalers. The mortgages are ultimately still underwritten by the banks or financial institutions.

Mortgage Servicing Ratio (MSR) – A measurement of your monthly mortgage repayment against a borrower gross monthly income.

Total Debt Servicing Ratio (TDSR) – A measurement of your total debt commitments (including secured and unsecured) against a borrower gross monthly income.

> Read more Definitions & Terms