[NOTE: This guarantee feature/benefit has ceased in 2018]

Introducing yet another exciting benefit exclusively for all MortgageWise clients – an UNBEATABLE private property purchase legal fee of $1800 net, for buying of completed properties up to a purchase price of $3M with a minimum loan of not less than $500,000 for private properties (HDB resale has no minimum loan size, BUC properties cost more pls check on our website).  Other terms and conditions apply.

We understand that purchase of a property is likely the single biggest ticket in one’s lifetime.  And the purchase conveyancing process is more complex than remortgaging, with the need for accurate searches and sound legal advice.  Hence, we have partnered with not just any law firm, but a top-rated firm in conveyancing work and one who sits in the panel of almost all major lenders in Singapore, a testament to the quality of their work.  Speak to our consultants today to understand how this works and more reasons why you should be taking your new purchase home loan through us rather than directly from the banks or anyone else.

In an earlier article, I talked about the problem of cashback being offered by realtors who flouts MAS Notice 632 Clause 6b.  Unknowingly, many buyers accepted these cash incentives without declaring them to the bank, who is required to deduct such cash amount received from the loan quantum.  And many more will not remember to check if their realtors would be paying income tax for their portion of the cashback received, otherwise they would need to declare this as “other income” when doing tax filing the following year.  Why get yourself entangled in all these dubious practices when you are buying a million-dollar property?

Rather, engage the services of a professional mortgage consultant who not only saves you time talking to banks one by one and recommending you the loan package with the best overall value, we now bring you yet another exciting privilege that saves you real money.  Consider the market price of $2,500 net (including GST and mortgage stamp duty) for a Singapore condo purchase charged by most law firms, our legal fee privilege of $1,800 nett represents a whopping savings of $700!  Not only that, you will also receive a token gift of a $50 or $100 Tangs shopping voucher from us, depending on your loan size (see Rewards).  And the privileges do not stop there.  Once you become a MortgageWise client, you enjoy a lifetime of rewards in our referral programme where we sent you another $20 Tangs voucher each time you refer your family members or friends to us successfully for their mortgage needs – and that’s a lifetime benefit.  And who doesn’t have a mortgage need in a property-crazy city like Singapore.

But it makes sense to refer your friends to us, only after you have first tried our service for yourself.  It is certainly not about the vouchers.  It is about the getting the best service and advice from someone you can trust to give you the most impartial and professional recommendation as your personal mortgage partner for the long term.  And not just a one-off transaction like working with the banker or property agent.  See the faces of our many happy clients over the years here.

And we did not forget those seeking refinancing.  We have also put together something exclusive for you as part of our Legal Fee Privilege when you choose to take your loan through us, subject to terms and conditions.  Do speak to our consultants to find out more.

It pays to take your Singapore home loan through MortgageWise be it for new purchase or refinancing.

At MortgageWise.sg, we seek to provide thought leadership in the area of mortgage planning in Singapore, taking deep dive into developments and news on mortgages & helping clients track interest rate movements.  We do not just go for one-time business with clients but rather choose to build long trusting relationships by giving truly independent advice to the extent of losing the deal.  We strive to become the first-choice mortgage partner for homeowners and the creditable distributor of mortgage products for banks and financial institutions in Singapore.