types-of housing-loans-in-singapore

Types of Housing Loans in Singapore

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The most popular forms of housing loan packages in Singapore are the fixed rate and floating rate, which are pegged to the Singapore Interbank Offered Rate (SIBOR). However, many housing loan packages come with various lock-in periods ranging from no lock-in to a one-year, two-year or three-year locking. The lock-in period means the amount of […]


Can I Cancel My Home Loan Before Settlement?

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Getting a home-mortgage is a time-consuming and stressful exercise. You need to have a good credit standing and have to comply with the many legal requirements of your bank. But sometimes, problems may arise and you may want to cancel that hard-earned mortgage before maturity.   Cancelling and refinancing a home loan in Singapore is […]


Frequently Asked Questions about Mortgage

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Finding a house of your dreams and then getting the best mortgage package according to your requirements can be the most hectic and stressful job of your life. You probably have plenty of questions on your mind. Below are some frequently asked question and their answers that potential buyers and mortgage borrowers should ask their […]


Can Refinancing Loans Affect My Credit Score?

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Refinancing simply means swapping out one loan for another. Whenever you are thinking to refinance mortgage loans in Singapore, there are some important things to consider: Can refinancing affect your credit score? Refinancing your home mortgage could be an excellent way to save money, particularly when you are able to get a new interest rate […]

7 Questions You Must Ask Before Refinancing Your Home Loan

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Homeowners in Singapore are wary of the security of their jobs or stability of interest rates. About half of the mortgage packages in the market are floating rates, pegged on the Singapore Interbank Offered Rate (SIBOR) or Swap Offer Rate (SOR) which exacerbates anxieties over changing rates. Often, property owners seek to shift from one […]


What kind of loans can you use for your BTO Flat?

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Home purchasing is a long-term commitment. Many Singaporeans take housing loans to finance a purchase and bear with the burden of repayment for at least 25 years. Therefore, it is critical to have useful information on the loans available and focus on a suitable plan that is sustainable and will not derail your financial stability. […]