Home Loan packages: 3M SIBOR, 12M SIBOR or 1, 2 or 3 years fixed packages

Please refer to updated packages below.

Hi All,

I am a mortgage consultant that has been accredited by the Mortgage Finance Association of Singapore (MFAS). I do not charge my clients any fees because the banks pay me a referral fees. I believe that I add more value than most of the property agents because I have a larger panel of banks than they do, and I do comparative analysis for my clients instead of just asking the individual bankers to call them. If you are very busy with work and spending time with family, do you want to deal with 10 bankers from different banks?

I have access to rates that are unpublished on the banks' websites. Can you imagine how much time you can save by using my free service?

Below are the attractive packages of Banks A, B, D, E and F for 80% financing. All three big local banks are included below. There are packages suitable for people currently within or without lock-in.

BANK A
12M SIBOR is currently 1.625% as at May 2.

Targeted towards New Purchase, Refinancing for people Currently With Lock In Penalty (TOP Properties), the bank will offer a penalty subsidy of up to 0.5% . 0.5% Penalty subsidy subjected to 3 years clawback pro-rated on a monthly basis. Lock-in for this package is 2 years but there will be 2 free interest-rate conversions within 24 months. No penalty for partial repayment. 1.5% penalty for full redemption during lock-in period.

For Private only. Min $100K, but legal subsidy only for loan >$200K.

Year 1: May 1st Business Day 12M SIBOR + 0.5%
Year 2: 2nd Year 12M SIBOR + 0.75%
Year 3: 3rd Year 12M SIBOR + 1%
Thereafter: The year’s prevailing 12M SIBOR + 1%

Targeted towards Refinancing for people Currently With Lock In Penalty (TOP Properties), the bank will offer a penalty subsidy of up to 1%. 1% Penalty subsidy subjected to 3 years clawback pro-rated on a monthly basis. Lock-in for this package is 2 years but there will be 2 free interest-rate conversions within 24 months. No penalty for partial repayment. 1.5% penalty for full redemption during lock-in period.

For Private only. Min $100K, but legal subsidy only for loan >$200K.

Year 1: May 1st Business Day 12M SIBOR + 0.5%
Year 2: 2nd Year 12M SIBOR + 1%
Year 3: 3rd Year 12M SIBOR + 1.25%
Thereafter: The year’s prevailing 12M SIBOR + 1%

Targeted towards Refinancing for people Currently With Lock In Penalty (TOP Properties), the bank will offer a penalty subsidy of up to 1.5%. 1.5% Penalty subsidy subjected to 3 years clawback pro-rated on a monthly basis. Lock-in for this package is 2 years but there will be 2 free interest-rate conversions within 24 months. No penalty for partial repayment. 1.5% penalty for full redemption during lock-in period.

For Private only. Min $100K, but legal subsidy only for loan >$200K.

Year 1: May 1st Business Day 12M SIBOR + 0.5%
Year 2: 2nd Year 12M SIBOR + 1.25%
Year 3: 3rd Year 12M SIBOR + 1.5%
Thereafter: The year’s prevailing 12M SIBOR + 1%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT lock in penalty (TOP Properties), 3 years fixed interest rate with no clawback 0.75% cash rebate. Lock-in for this package is 3 years. Partial and Full Redemption Penalty: 1.5% during lock-in.

For Private only. Min $100K, but legal subsidy only for loan >$200K.

Year 1, 2 and 3 = 2.98% (Fixed)
Thereafter: 12M SIBOR + 1%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT lock in penalty (TOP Properties), 3 years fixed interest rate with no clawback 0.75% cash rebate . Lock-in for this package is 3 years. Partial and Full Redemption Penalty: 1.5% during lock-in.

For Private and HDB. For HDB: Min $100K. For Private: Min $100K, but legal subsidy only for loan >$200K.

Year 1, 2 and 3 = 2.98% (Fixed)
Thereafter: CHR (CPF Housing Rate) + 1.58%

Targeted towards New Purchase: 1st time buyer of HDB or Private, where at least one of the owner is a 1st time buyer, or 1st time upgraders from HDB to Private, for owner-occupied purpose. (Available to both BUC and Completed Properties). There is a 7 days return policy 3 years fixed interest rate with no clawback 0.75% cash rebate. Lock-in for this package is 3 years. Partial and Full Redemption Penalty: 1.5% during lock-in.

For Private and HDB. For HDB: Min $100K. For Private: Min $100K, but legal subsidy only for loan >$200K.

Year 1, 2 and 3 = 2.98% (Fixed)
Thereafter: CHR (CPF Housing Rate) + 1.58%

Bank C
3 Month SIBOR is currently 1.375% as at May 16.
12 Month SIBOR is currently 1.67188% as at May 16.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (TOP Properties). No lock in for this package. 1 time free conversion to other packages within the bank. The markup of 1% is negotiable subject to approval, usually to 0.7%.

For Private and HDB. Min $100K

Year 1 = 3 or 12 Month SIBOR + 1%
Year 2 = 3 or 12 Month SIBOR + 1%
Year 3 = 3 or 12 Month SIBOR + 1%
Thereafter = 3 or 12 Month SIBOR + 1%

Targeted towards Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (TOP Properties), 1.5% cash rebate will be given to you. If you are within lock-in, you can use this to pay for your penalty to existing bank. If without lock-in, you can use this cash as you like. No lock-in for this package but cash rebate subjected to clawback pro-rated yearly over three years. 1 time free conversion to other packages within the bank. The markup of 1.5% is negotiable subject to approval, usually to 1.2%.

For Private and HDB. Min $100K

Year 1, 2 & 3 = 3 or 12 Month SIBOR + 1.5%
Thereafter = 3 or 12 Month SIBOR + 1%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (TOP Properties). ]. 2 years Fixed, 3 years Lock-in. Partial and Full Redemption Penalty: 1.5% during lock-in.

For Private and HDB. Min $100K

Year 1 & 2 = 2.88% (Fixed)
Thereafter = 3 Month SIBOR + 1%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (TOP Properties). ]. 3 years Fixed, 3 years Lock-in. Partial and Full Redemption Penalty: 1.5% during lock-in.

For Private and HDB. Min $100K

Year 1, 2 and 3 = 2.98% (Fixed)
Thereafter = 3 Month SIBOR + 1%

Promotional Package targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty for HDB (TOP Properties). 2 years Fixed, 2 years Lock-in. Partial and Full Redemption Penalty: 1.5% during lock-in. Valid until May 30 only.

For HDB only. Min $100K

Year 1 & 2 = 2.7% (Fixed)
Thereafter = 3 Month SIBOR + 1%

Bank D
3 Month SIBOR is currently 1.4375% as at May 2

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (BUC and Completed Properties). No lock in for this package.

Year 1, 2, 3 and thereafter = 3M SIBOR + 0.7%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (CSC Properties only), 1% cash rebate on 1st loan disbursement will be given to you . If you are within lock-in, you can use this to pay for your penalty to existing bank. If without lock-in, you can use this cash as you like. No lock-in for this package but cash rebate subjected to clawback pro-rated monthly over 3 years.

Year 1, 2, 3 and thereafter = 3M SIBOR + 1%

Bank E
3 Month SOR is currently 1.34182% as at May 16.

All Bank E packages only valid for 3 weeks from May 16, on a first come first served basis.

Targeted towards Private Property New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (Completed and BUC Progressive Properties).

1 year Fixed, 2 years Lock-in. Partial and Full Redemption Penalty: 1.5% during lock-in. Min $200K

Year 1 = 2.5% (Fixed)
Year 2 = 2.5% (Floating)
Thereafter = 3.5% (Floating)

2 years Fixed, 3 years Lock-In. Partial and Full Redemption Penalty: 1.5% during lock-in. Min $200K

Year 1 & 2 = 2.8% (Fixed)
Year 3 = 2.8% (Floating)
Thereafter = 3.5% (Floating)

3 years Fixed, 3 years Lock-In. Partial and Full Redemption Penalty: 1.5% during lock-in. Min $200K

Year 1, 2 & 3 = 2.98% (Fixed)
Thereafter = 3.58% (Floating)

Targeted towards Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (CSC Properties only), 1.5% cash rebate will be given to you. If you are within lock-in, you can use this to pay for your penalty to existing bank. If without lock-in, you can use this cash as you like. 1 time free conversion to other packages within the bank. No lock-in for this package but cash rebate subjected to clawback pro-rated as follows: Within 24 mths of first loan disbursement: 100%, 25 - 36 mths: 75%, 37 – 48 mths: 50%, 49 – 60 mths: 25%.

For Private Only. Min $200K

Year 1, 2, 3 & thereafter = 12M SIBOR + 0.85%

Targeted towards HDB New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (Completed and BUC Progressive Properties).

1 year Fixed, 2 years Lock-in. Partial and Full Redemption Penalty: 1.5% during lock-in. Min $80K

Year 1 = 2.5% (Fixed)
Year 2 = 2.5% (Floating)
Thereafter = 3.75% (Floating)

3 years Fixed, 3 years Lock-In. Partial and Full Redemption Penalty: 1.5% during lock-in. Min $80K

Year 1, 2 & 3 = 2.98% (Fixed)
Thereafter = 3.75% (Floating)

Bank F
3 Month SOR is currently 1.34182% as at May 16.

Targeted towards New Purchase or Refinancing for people with maximum 2 properties (CSC Properties Only).  
1 year Fixed, 2 years Lock-in. Partial and Full Redemption Penalty: 1.5% during lock-in. For Private Only. Min $200K

Year 1 = 2.5% (Fixed)
Year 2 & 3 = 2.5% (Floating)
Thereafter = 3.75% (Floating)

2 years Fixed, 3 years Lock-In. Partial and Full Redemption Penalty: 1.5% during lock-in. For Private Only. Min $200K

Year 1 & 2 = 2.8% (Fixed)
Year 3 = 2.8% (Floating)
Thereafter = 3.75% (Floating)

3 years Fixed, 3 years Lock-In. Partial and Full Redemption Penalty: 1.5% during lock-in. For Private Only. Min $200K

Year 1, 2 & 3 = 2.98% (Fixed)
Thereafter = 3.75% (Floating)

Targeted towards New Purchase or Refinancing for people with maximum 2 properties (TOP Properties). Lock-in for this package is 1 year. Partial redemption allowed but outstanding loan after partial redemption  must be at least 50%, otherwise 1.5% penalty. Full Redemption Penalty: 1.5% during lock-in.

For Private Property Only. Min Private = $200K

Year 1 = 3 Month SOR + 0.65%
Year 2 = 3 Month SOR + 0.75%
Year 3 = 3 Month SOR + 1.25%
Thereafter = 3M SOR + 1.25%

Feel free to contact me, Edward Sim @ 9187 2681 or edskh78@yahoo.com.sg to find out more.

[ Last edited by EdwardSim at 21/5/2008 15:10 ]

will these housing loan rate drop in coming months?.............

Banks are adjusting their fixed interest rates upwards so it is quite unlikely the rates will go down.
On the other hand, SIBOR have remained quite consistently between 1.25% to 1.7% for 3M and 12M SIBOR. So floating interest rate packages pegged to SIBOR are still cheapest at this time.

Please refer to updated packages below.

Hi All,

I am a mortgage consultant that has been accredited by the Mortgage Finance Association of Singapore (MFAS). I do not charge my clients any fees because the banks pay me a referral fees. I believe that I add more value than most of the property agents because I have a larger panel of banks than they do, and I do comparative analysis for my clients instead of just asking the individual bankers to call them. If you are very busy with work and spending time with family, do you want to deal with 10 bankers from different banks?

I have access to rates that are unpublished on the banks' websites. Can you imagine how much time you can save by using my free service?

Below are the attractive packages of Banks A, B, D, and E for 80% financing. All three big local banks are included below. There are packages suitable for people currently within or without lock-in.

BANK A
12M SIBOR is currently 1.687 as at June 2.

Targeted towards New Purchase or/ for Refinancing Currently With Lock In Penalty (TOP Properties), the bank will offer a penalty subsidy of up to 0.5% . 0.5% Penalty subsidy subjected to 3 years clawback pro-rated on a monthly basis. Lock-in for this package is 2 years but there will be 2 free interest-rate conversions within 24 months. No penalty for partial repayment. 1.5% penalty for full redemption during lock-in period.

For Private only. Min $100K, but legal subsidy only for loan >$200K.

Year 1: May 1st Business Day 12M SIBOR + 0.5%
Year 2: 2nd Year 12M SIBOR + 0.75%
Year 3: 3rd Year 12M SIBOR + 1%
Thereafter: The year’s prevailing 12M SIBOR + 1%

Targeted towards Refinancing Currently With Lock In Penalty (TOP Properties), the bank will offer a penalty subsidy of up to 1%. 1% Penalty subsidy subjected to 3 years clawback pro-rated on a monthly basis. Lock-in for this package is 2 years but there will be 2 free interest-rate conversions within 24 months. No penalty for partial repayment. 1.5% penalty for full redemption during lock-in period.

For Private only. Min $100K, but legal subsidy only for loan >$200K.

Year 1: May 1st Business Day 12M SIBOR + 0.5%
Year 2: 2nd Year 12M SIBOR + 1%
Year 3: 3rd Year 12M SIBOR + 1.25%
Thereafter: The year’s prevailing 12M SIBOR + 1%

Targeted towards Refinancing Currently With Lock In Penalty (TOP Properties), the bank will offer a penalty subsidy of up to 1.5%. 1.5% Penalty subsidy subjected to 3 years clawback pro-rated on a monthly basis. Lock-in for this package is 2 years but there will be 2 free interest-rate conversions within 24 months. No penalty for partial repayment. 1.5% penalty for full redemption during lock-in period.

For Private only. Min $100K, but legal subsidy only for loan >$200K.

Year 1: May 1st Business Day 12M SIBOR + 0.5%
Year 2: 2nd Year 12M SIBOR + 1.25%
Year 3: 3rd Year 12M SIBOR + 1.5%
Thereafter: The year’s prevailing 12M SIBOR + 1%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT lock in penalty (TOP Properties), 3 years fixed interest rate with no clawback 0.75% cash rebate. Lock-in for this package is 3 years. Partial and Full Redemption Penalty: 1.5% during lock-in.

For Private only. Min $100K, but legal subsidy only for loan >$200K.

Year 1, 2 and 3 = 2.98% (Fixed)
Thereafter: 12M SIBOR + 1%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT lock in penalty (TOP Properties), 3 years fixed interest rate with no clawback 0.75% cash rebate . Lock-in for this package is 3 years. Partial and Full Redemption Penalty: 1.5% during lock-in.

For Private and HDB. For HDB: Min $100K. For Private: Min $100K, but legal subsidy only for loan >$200K.

Year 1, 2 and 3 = 2.98% (Fixed)
Thereafter: CHR (CPF Housing Rate) + 1.58%

Targeted towards New Purchase: 1st time buyer of HDB or Private, where at least one of the owner is a 1st time buyer, or 1st time upgraders from HDB to Private, for owner-occupied purpose. (Available to both BUC and Completed Properties). There is a 7 days return policy 3 years fixed interest rate with no clawback 0.75% cash rebate. Lock-in for this package is 3 years. Partial and Full Redemption Penalty: 1.5% during lock-in.

For Private and HDB. For HDB: Min $100K. For Private: Min $100K, but legal subsidy only for loan >$200K.

Year 1, 2 and 3 = 2.98% (Fixed)
Thereafter: CHR (CPF Housing Rate) + 1.58%

Bank C
3 Month SIBOR is currently 1.25% as at June 2.
12 Month SIBOR is currently 1.687% as at June 2.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (TOP Properties). No lock in for this package. 1 time free conversion to other packages within the bank. The markup of 1% is negotiable subject to approval, usually to 0.7%.

For Private and HDB. Min $100K

Year 1 = 3 or 12 Month SIBOR + 1%
Year 2 = 3 or 12 Month SIBOR + 1%
Year 3 = 3 or 12 Month SIBOR + 1%
Thereafter = 3 or 12 Month SIBOR + 1%

Targeted towards Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (TOP Properties), 1.5% cash rebate will be given to you. If you are within lock-in, you can use this to pay for your penalty to existing bank. If without lock-in, you can use this cash as you like. No lock-in for this package but cash rebate subjected to clawback pro-rated yearly over three years. 1 time free conversion to other packages within the bank. The markup of 1.5% is negotiable subject to approval, usually to 1.2%.

For Private and HDB. Min $100K

Year 1, 2 & 3 = 3 or 12 Month SIBOR + 1.5%
Thereafter = 3 or 12 Month SIBOR + 1%

Bank D
3 Month SIBOR is currently 1.25% as at June 2.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (BUC and Completed Properties). No lock in for this package.

Year 1, 2, 3 and thereafter = 3M SIBOR + 0.7%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (CSC Properties only), 1% cash rebate on 1st loan disbursement will be given to you . If you are within lock-in, you can use this to pay for your penalty to existing bank. If without lock-in, you can use this cash as you like. No lock-in for this package but cash rebate subjected to clawback pro-rated monthly over 3 years.

Year 1, 2, 3 and thereafter = 3M SIBOR + 1%

Bank E
12M SIBOR is currently 1.687 as at June 2.

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (CSC Properties only), 1.5% cash rebate will be given to you. If you are within lock-in, you can use this to pay for your penalty to existing bank. If without lock-in, you can use this cash as you like. 1 time free conversion to other packages within the bank. Cash rebate subjected to clawback pro-rated as follows: Within 24 mths of first loan disbursement: 100%, 25 - 36 mths: 75%, 37 – 48 mths: 50%, 49 – 60 mths: 25%.

For Private Only. Min $200K

Year 1, 2, 3 & thereafter = 12M SIBOR + 0.85%

Bank G
Cost of Funds is currently 1.52% at as at June 5.

Targeted towards New Purchase or Refinancing without using CPF, you can choose Principal and Interest scheme or just Interest-only scheme during your loan tenure. Suitable for customers who prefer interest-only loan at affordable interest rates. No Lock in for this package and free to do partial or full redemption with just 2 weeks notice.

For Private Only. Min US$150K or its S$ equivalent

Year 1, 2, 3 & thereafter = Cost of Funds + 1%

Feel free to contact me, Edward Sim @ 9187 2681 or edskh78@yahoo.com.sg find out more. In addition, if you need financing for other countries (Australia, New Zealand, US, Canada, UK, Spain, France, Portugal, Dubai, Hong Kong) with Singapore's interest rate, you may also look for me.

Hi All,

Last call for Bank A's packages which are DBS. They are withdrawing packages after June 30, so as of today there is still 6 working days before the Letter of Offer has to be signed by latest, June 30.

Till date, of the other few big local and foriegn banks, 2 have raised their 3 years fixed rate to 4.18% while another 2 have increased to 3.98%.

So for people who have bought HDB or Private that are already TOP or nearing TOP in the next 3 months, you may still apply for DBS Fixed 3 years @ 2.98% with 0.75% cash rebate.

As for those who are currently not with POSB/DBS, whether you are still within lock in or already out of lock in, you may apply for DBS Fixed 3 years @ 2.98% with 0.75% cash rebate.

For those who have bought BUC properties that are either Deferred Payment or Progressive Payment, you may like to apply for DBS package which is 12M SIBOR + 1% which has no lock in so there is so partial or full redemption penalty for disbursed Loans, with only 0.75% cancellation charge for the undisbursed portion. As SIBOR is on the upwards trend with 1.92% as at June 19, if you sign the Letter of Offer in June, you can still enjoy the June 2 SIBOR rate of 1.687%, which brings your rate to 2.687% fixed for 12 months without any lock in penalty, except the cancellation charge of 0.75% for undisbursed portion.

Since I have already publicised that Bank A is DBS, those who have read are welcome to approach them directly. But if you would like to use my service and let me earn some referral fees, and also for appreciation of me sharing all the information upfront, please contact me, Edward Sim @ 9187 2681 or edskh78@yahoo.com.sg to find out more. I do not charge customers for the service.

Hi All,

I am a mortgage consultant that has been accredited by the Mortgage Finance Association of Singapore (MFAS). I do not charge my clients any fees because the banks pay me a referral fees. I believe that I add more value than most of the property [url=http://www.housingbbs.com/sg/Property-agents-Highlight-f-56-1.html]agent[/url]s because I have a larger panel of banks than they do, and I do comparative analysis for my clients instead of just asking the individual bankers to call them. If you are very busy with work and spending time with family, do you want to deal with 10 bankers from different banks?

I have access to rates that are unpublished on the banks' websites. Can you imagine how much time you can save by using my free service?

Below are the attractive packages of Banks A, B, C, D, and G for 80% financing. There are packages suitable for people currently within or without lock-in. If you would like to find out about 90% financing, kindly give me a call.

BANK A
3M SIBOR is currently 1.187 as at July 1.
12M SIBOR is currently 1.875 as at July 1.

Targeted towards New Purchase (BUC Properties). No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url], and 0.75cancellation penalty on un-disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url]. One time free conversion to other packages within 6 months after TOP.

For Private only. Min $100K, but legal subsidy only for [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] >$200K.

Year 1 = 12 Month SIBOR + 0.5%
Year 2 = 12 Month SIBOR + 0.75%
Thereafter = 12 Month SIBOR + 1%

Targeted towards New Purchase (BUC and Completed Properties). No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url], and 0.75% (BUC) and 1% (Completed) cancellation penalty on un-disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url]. One time free conversion to other packages within 6 months after TOP (For BUC only).

For Private only. Min $100K, but legal subsidy only for [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] >$200K.

3M SIBOR + 0.7% throughout

Targeted towards New Purchase and Refinancing (Completed Properties). No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url].

For Private only. Min $100K, but legal subsidy only for [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] >$200K.

12M SIBOR + 0.7% throughout

Targeted towards New Purchase or Refinancing Currently With Lock In Penalty (Completed Properties), the bank will offer a penalty subsidy of up to 1% or 1.5%.1% or 1.5% Penalty subsidy subjected to 3 years clawback pro-rated on a monthly basis. No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url].

For Private only. Min $100K, but legal subsidy only for [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] >$200K.

For 1% Penalty Subsidy Package
Year 1 = 3 or 12 Month SIBOR + 0.7%
Year 2 & 3 = 12 Month SIBOR + 0.95%
Thereafter = 12 Month SIBOR + 0.7%

For 1.5% Penalty Subsidy Package
Year 1 = 3 or 12 Month SIBOR + 0.7%
Year 2 & 3 = 12 Month SIBOR + 1.2%
Thereafter = 12 Month SIBOR + 0.7%

Bank B
3 Month SOR (Indicative purpose only) is currently 1.28426% as at July 24.

Targeted towards New Purchase (BUC & Completed Properties) . No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url], and 0.75% (BUC) and 1.5% (Completed) cancellation penalty on un-disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url].

For Private only. Min $200K.

3M SOR + 0.7% throughout

Bank C
3 Month SIBOR (Indicative purpose only) is currently 1.25% as at July 24.
12 Month SIBOR (Indicative purpose only) is currently 1.8125% as at July 24.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (TOP Properties). No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url]. 1 time free conversion to other packages.

For Private and HDB. Min $100K

Year 1, 2 and 3= 3 or 12 Month SIBOR + 0.7%

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (TOP Properties).

For Private and HDB. Min $100K

Year 1 & 2 = 3.25% Fixed
Thereafter = 3M SIBOR + 0.95%

Bank D
3 Month SIBOR (Indicative purpose only) is currently 1.25% as at July 24.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (BUC and Properties). No lock in for this package.

For Private and HDB. Min Private = $200K and Min HDB $100K.

Year 1, 2, 3 and thereafter = 3M SIBOR + 0.7%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (Completed Properties). No lock in for this package.

Year 1 = 3 Month SIBOR + 0.75%
Year 2 = 3 Month SIBOR + 0.65%
Thereafter = 3 Month SIBOR + 0.55%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (Completed Properties), 1% cash rebate on 1st [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] disbursement will be given to you . No lock-in for this package but cash rebate subjected to clawback pro-rated monthly over 3 years.

For Private only. Min $200K.

Year 1, 2, 3 and thereafter = 3M SIBOR + 1%

Bank G
3M Cost of Funds (Indicative purpose only) is currently 1.41% at as at July 28.

Targeted towards New Purchase or Refinancing without using CPF, you can choose Principal and Interest scheme or just Interest-only scheme during your [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] tenure. Suitable for customers who prefer interest-only [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] at affordable interest rates. No Lock in for this package and free to do partial or full redemption with just 2 weeks notice.

For Private Only. Min US$150K or its S$ equivalent

Year 1, 2, 3 & thereafter = 3M Cost of Funds + 1%

Feel free to contact me, Edward Sim @ 9187 2681 or edskh78@yahoo.com.sg find out more. In addition, if you need financing for other countries (Australia, New Zealand, US, Canada, UK, Spain, France, Portugal, Dubai, Hong Kong) with Singapore's interest rate, you may also look for me.

Thank you, have a nice day!

Recently Updated Packages

Below are the attractive packages of Banks A, B, C, D, and G for 80% financing. There are packages suitable for people currently within or without lock-in. If you would like to find out about 90% financing, kindly give me a call.

BANK A

3M SIBOR is currently 1.187 as at Sep 1.

12M SIBOR is currently 1.75 as at Sep 1.

Targeted towards New Purchase and Refinance (BUC & Completed Properties). No penalty on partial and full redemption for disbursed Loan, and 0.75% cancellation penalty on un-disbursed Loan. One time free conversion to other packages within 6 months after TOP (For BUC new purchase only. Not applicable to refinancing for BUC properties with penalty subsidy). 1% or 1.5% Penalty subsidy packages subjected to 3 years clawback pro-rated on a monthly basis also available below.

For Private only. Min $100K, but legal subsidy only for Loan >$200K.

For 0.5% and without Penalty Subsidy Packages

3M SIBOR + 0.7% throughout

For 1% Penalty Subsidy Package

Year 1 = 3 Month SIBOR + 0.7%

Year 2 & 3 = 3 Month SIBOR + 0.95%

Thereafter = 3 Month SIBOR + 0.7%

For 1.5% Penalty Subsidy Package

Year 1 = 3 Month SIBOR + 0.7%

Year 2 & 3 = 3 Month SIBOR + 1.2%

Thereafter = 3 Month SIBOR + 0.7%

Deal or No Deal Refinancing Package (Completed Properties). No penalty on partial redemption for disbursed Loan, and 1.5% cancellation penalty on un-disbursed Loan. Full redemption penalty of 1.5% within 2 years.

You can have any combination for year 1 and 2, as long as the total markup for 2 years is 1%. See below for example. 0.5%, 1% or 1.5% Penalty subsidy packages subjected to 3 years clawback pro-rated on a monthly basis also available below.

For Private only. Min $500K.

Year 1 = 3 or 12M SIBOR

Year 2 = 3 or 12 Month SIBOR + 1%

Thereafter = 3 or 12 Month SIBOR + 0.7%

OR

Year 1 = 3 or 12M SIBOR + 0.5%

Year 2 = 3 or 12 Month SIBOR + 0.5%

Thereafter = 3 or 12 Month SIBOR + 0.7%

For 0.5% Penalty Subsidy Package

Add 0.25% to year 1 rate

For 1% Penalty Subsidy Package

Add 0.25% to year 1 and year 2 rate

For 1.5% Penalty Subsidy Package

Add 0.25% in Year 1 and 2 and 0.50% in Year 3

Perpetual Interest Servicing Package for New Purchase and Refinancing (BUC & Completed Properties). No penalty on partial or full redemption for disbursed Loan, and 1.5% cancellation penalty on un-disbursed Loan.

For Private only. Min $500K.

3 or 12M SIBOR + 1.5% throughout

Bank B

3 Month SOR (Indicative purpose only) is currently 1.2276% as at Sep 1.

Perpetual Interest Servicing Package for New Purchase and Refinancing (BUC & Completed Properties). No penalty on partial or full redemption for disbursed Loan, and 1.5% cancellation penalty on un-disbursed Loan.

For Private only. Min $200K.

3M SOR + 0.7% throughout

Bank C

3 Month SIBOR (Indicative purpose only) is currently 1.1875% as at Sep 1.

12 Month SIBOR (Indicative purpose only) is currently 1.75% as at Sep 1.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (TOP Properties). No penalty on partial and full redemption for disbursed Loan. 1 time free conversion to other packages.

For Private and HDB. Min $100K

Year 1, 2 and 3 = 3 or 12 Month SIBOR + 0.8%

Thereafter = 3 or 12 Month SIBOR + 0.95%

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (TOP Properties). Fixed 2 years and lock in 2 years.

For Private and HDB. Min $100K

Year 1 & 2 = 3.25% Fixed

Thereafter = 3M SIBOR + 0.95%

Bank D

3 Month SIBOR (Indicative purpose only) is currently 1.1875% as at Sep 1.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (BUC and Properties). No lock in for this package.

For Private and HDB. Min Private = $200K and Min HDB $100K.

Year 1, 2, 3 and thereafter = 3M SIBOR + 0.7%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (Completed Properties). No lock in for this package.

Year 1 = 3 Month SIBOR + 0.75%

Year 2 = 3 Month SIBOR + 0.65%

Thereafter = 3 Month SIBOR + 0.55%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (Completed Properties), 1% cash rebate on 1st Loan disbursement will be given to you . No lock-in for this package but cash rebate subjected to clawback pro-rated monthly over 3 years.

For Private only. Min $200K.

Year 1, 2, 3 and thereafter = 3M SIBOR + 1%

Bank G

3M Cost of Funds (Indicative purpose only) is currently 1.47% at as at Sep 2.

Targeted towards New Purchase or Refinancing without using CPF, you can choose Principal and Interest scheme or just Interest-only scheme during your Loan tenure. Suitable for customers who prefer interest-only Loan at affordable interest rates. No Lock in for this package and free to do partial or full redemption with just 2 weeks notice.

For Private Only. Min US$150K or its S$ equivalent

Year 1, 2, 3 & thereafter = 3M Cost of Funds + 1%

Feel free to contact me, Edward Sim @ 9187 2681 or edskh78@yahoo.com.sg find out more. In addition, if you need financing for other countries (Australia, New Zealand, US, Canada, UK, Spain, France, Portugal, Dubai, Hong Kong) with Singapore's interest rate, you may also look for me.

[ Last edited by EdwardSim at 3/9/2008 10:16 ]

Recently Updated Packages as at Sep 5. Take a close look at Bank A, B and E's packages.

Below are the attractive packages of Banks A, B, C, D, E and G for 80% financing. There are packages suitable for people currently within or without lock-in. If you would like to find out about 90% financing, kindly give me a call.

BANK A
3M SIBOR is currently 1.187 as at Sep 1.
12M SIBOR is currently 1.75 as at Sep 1.

Targeted towards New Purchase and Refinance (BUC & Completed Properties) for customers Currently with or without Lock-In. No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url], and 0.75% cancellation penalty on un-disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url]. One time free conversion to other packages within 6 months after TOP (For BUC new purchase only. Not applicable to refinancing for BUC properties with penalty subsidy). 1% or 1.5% Penalty subsidy packages subjected to 3 years clawback pro-rated on a monthly basis also available below.

For Private only. Min $100K, but legal subsidy only for [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] >$200K.

For 0.5% and without Penalty Subsidy Packages
3M SIBOR + 0.7% throughout

For 1% Penalty Subsidy Package
Year 1 = 3 Month SIBOR + 0.7%
Year 2 & 3 = 3 Month SIBOR + 0.95%
Thereafter = 3 Month SIBOR + 0.7%

For 1.5% Penalty Subsidy Package
Year 1 = 3 Month SIBOR + 0.7%
Year 2 & 3 = 3 Month SIBOR + 1.2%
Thereafter = 3 Month SIBOR + 0.7%

Deal or No Deal Refinancing Package (Completed Properties) for customers Currently with or without Lock-In . No penalty on partial redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url], and 1.5% cancellation penalty on un-disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url]. Full redemption penalty of 1.5% within 2 years.
You can have any combination for year 1 and 2, as long as the total markup for 2 years is 1%. See below for example. 0.5%, 1% or 1.5% Penalty subsidy packages subjected to 3 years clawback pro-rated on a monthly basis also available below.

For Private only. Min $500K.

Year 1 = 3 or 12M SIBOR
Year 2 = 3 or 12 Month SIBOR + 1%
Thereafter = 3 or 12 Month SIBOR + 0.7%

OR

Year 1 = 3 or 12M SIBOR + 0.5%
Year 2 = 3 or 12 Month SIBOR + 0.5%
Thereafter = 3 or 12 Month SIBOR + 0.7%

For 0.5% Penalty Subsidy Package
Add 0.25% to year 1 rate

For 1% Penalty Subsidy Package
Add 0.25% to year 1 and year 2 rate

For 1.5% Penalty Subsidy Package
Add 0.25% in Year 1 and 2 and 0.50% in Year 3

Perpetual Interest Servicing Package for New Purchase and Refinancing (BUC & Completed Properties). No penalty on partial or full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url], and 1.5% cancellation penalty on un-disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url].

For Private only. Min $500K.

3 or 12M SIBOR + 1.5% throughout

Bank B
3 Month SOR (Indicative purpose only) is currently 1.2276% as at Sep 1.

Targeted towards New Purchase (BUC & Completed Properties) . No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url], and 0.75% (BUC) and 1.5% (Completed) cancellation penalty on un-disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url].

For Private only. Min $200K.

3M, 6M or 12M SOR + 0.7% throughout

Targeted towards New Purchase or refinancing (Completed Properties with CSC obtained) with 1.5% Cash Rebate subjected to 100% clawback within 3 years. Legal subsidy is 0.4% of [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] amount capped at $2.5K. No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url].

For Private only. Min HL $200K. TL $100K.

Year 1 = 3M SOR + 0.5%
Year 2 = 3M SOR + 0.75%
Thereafter = 3M SOR + 1%

Bank C
3 Month SIBOR (Indicative purpose only) is currently 1.1875% as at Sep 1.
12 Month SIBOR (Indicative purpose only) is currently 1.75% as at Sep 1.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (TOP Properties). No penalty on partial and full redemption for disbursed [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url]. 1 time free conversion to other packages.

For Private and HDB. Min $100K

Year 1, 2 and 3 = 3 or 12 Month SIBOR + 0.8%
Thereafter = 3 or 12 Month SIBOR + 0.95%

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (TOP Properties). Fixed 2 years and lock in 2 years.

For Private and HDB. Min $100K

Year 1 & 2 = 3.25% Fixed
Thereafter = 3M SIBOR + 0.95%

Bank D
3 Month SIBOR (Indicative purpose only) is currently 1.1875% as at Sep 1.

Targeted towards New Purchase or Refinancing for people Currently WITHOUT Lock-in Penalty (BUC and Properties). No lock in for this package.

For Private and HDB. Min Private = $200K and Min HDB $100K.

Year 1, 2, 3 and thereafter = 3M SIBOR + 0.7%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (Completed Properties). No lock in for this package.

Year 1 = 3 Month SIBOR + 0.75%
Year 2 = 3 Month SIBOR + 0.65%
Thereafter = 3 Month SIBOR + 0.55%

Targeted towards New Purchase or Refinancing for people Currently WITH or WITHOUT Lock-in Penalty (Completed Properties), 1% cash rebate on 1st [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] disbursement will be given to you . No lock-in for this package but cash rebate subjected to clawback pro-rated monthly over 3 years.

For Private only. Min $200K.

Year 1, 2, 3 and thereafter = 3M SIBOR + 1%

Bank E

Targeted towards New Purchase or Refinancing[color]. 4 years Fixed Rate Package. Penalty is pro-rated: 1.5% penalty within year 1, 1% in year 2 and 0.75% in years 3 and 4. Allows partial redemption up to 20% of initial [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] within the 4 years lock in period.

For Private and HDB. Min $300K

Year 1 = 2.28% (Fixed)
Year 2 = 2.88% (Fixed)
Year 3 = 3.38% (Fixed)
Year 4 = 3.88% (Fixed)
Thereafter = 3.75% (Floating)

Bank G
3M Cost of Funds (Indicative purpose only) is currently 1.47% at as at Sep 2.

Targeted towards New Purchase or Refinancing without using CPF, you can choose Principal and Interest scheme or just Interest-only scheme during your [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] tenure. Suitable for customers who prefer interest-only [url=http://www.housingbbs.com/sg/Housing-Loan-f-59-1.html]Loan[/url] at affordable interest rates. No Lock in for this package and free to do partial or full redemption with just 2 weeks notice.

For Private Only. Min US$150K or its S$ equivalent

Year 1, 2, 3 & thereafter = 3M Cost of Funds + 1%

Feel free to contact me, Edward Sim @ 9187 2681 or edskh78@yahoo.com.sg find out more. In addition, if you need financing for other countries (Australia, New Zealand, US, Canada, UK, Spain, France, Portugal, Dubai, Hong Kong) with Singapore's interest rate, you may also look for me.