Promotions

Residential HDB and Private Property Home Loans

Residential Home Loan Promotion:

Sibor/SOR/Board Rate/FD-pegged variable and fixed rates from only 1.05% onwards. Additional bank subsidies applicable for refinancing.

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-    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 

Industrial Commercial Property Loans

Commercial Property Loan Promotion:

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

Sibor/Board Rate/FD-pegged variable and fixed rates from only 1.10% onwards. Additional bank subsidy may apply, applicable for individuals, investment holding & operating companies. 

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International and Overseas Property Loans

Overseas Property Loan Promotion:

United Kingdom, Australia, Malaysia, United States and Tokyo property finance available in SGD or foreign base currency, applicable for residents and non-resident applicants (*restrictions may apply). 

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SME Small Business Loans

SME Small Business Loan Promotion:

Secured and unsecured working capital loans from only 2.00% (effective interest rate)per annum to supercharge your business growth. Contact us for further discussion today! 

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Glossary

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.

Bridging Loan - A credit facility granted for the purchase of residential property by the borrower, pending the receipt of proceeds of sale of another residential property owned or co-owned by the borrower. The loan has to be repaid to the Bank in full within 6 months from its first disbursement.

Bridging Loan - A credit facility granted for the purchase of residential property by the borrower, pending the receipt of proceeds of sale of another residential property owned or co-owned by the borrower. Loans will only be disbursed after the buyer of your existing property has signed an Option to Purchase (OTP) or executed a Sale and Purchase (S&P) Agreement or confirmation of the first appointment from HDB. The loan has to be repaid to the Bank in full within 6 months after its first disbursement. - See more at: http://www.mortgagesupermart.com.sg/resources/glossary#sthash.COcq6Mvz.dpuf

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

Once your needs have been accurately determined and analysed, we will process your application and submit to the banks and financial institutions for assessment and approval.

For your ease and convenience, we will handpick the best quotes and solutions for your consideration.

Step 1-1Step 1: Submit Enquiry

Contact us by phone or enquiry form and we'll get back to you soonest within 2 working days. We'll follow up with a callback for a basic fact find and discussion to better understand your needs, priorities and requirements and send you the relevant follow up information via email.

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

An appointment will be scheduled for discusssion, proposal and application processing with the submission of the relevant documentations to the financial institution. The banks or financial instutitions may contact you further for any further enquires, clarifications or outstanding documents. 

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

Once the application is approved, the lender will contact you to arrange for your acceptance of the offer. A letter of offer will be generated for your review and acceptance. Upon acceptance of the offer letter, the lender will appoint lawyer and valuer to act and prepare for settlement.

Step 4-1Step 4: Feedback and Suggestions

Your satisfaction is always our biggest concern and we continuously seek to enhance your service experience. We would love to hear from you! Please feel free to contact us for any feedback and suggestions.