Commercial Property Under Personal Name – Floating Rate Mortgage

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Receive $50 Or $100 TANGS GIFT VOUCHER (Min $500K) When You Get A Loan Through Us!

You get the same rates and submit your docs directly to the bank, not to us. Plus you get special rates from our partner law firms which is the lowest in market! So why not hear our views — which loan is the best?  Find out why you should use a mortgage broker.

* terms apply

See Commercial Property Under Personal Name (Fixed Rates)

See Also Our Top 10 Packages For Residential Property :
Private Property Completed (Floating Rate)Private Property Completed (Fixed Rates) | Private Property BUC
HDB Completed (Floating Rate) | HDB Completed (Fixed Rate)

1-Nov-17LOAN PEG+/-   INT   AVE 
Yr 1Yr 2Yr 3Yr 4(On)Yr 1Yr 2Yr 3Yr 4(On)Ave 3yrs
new purchase housing loanBOARD -4.174.073.670.001.581.682.085.751.78Click to Apply
new purchase housing loanBOARD -3.973.972.770.001.781.782.985.752.18Click to Apply
new purchase housing loanBOARD -4.023.821.821.001.481.683.684.502.28Click to Apply
new purchase housing loanFDR +1.631.732.753.751.881.983.004.002.29Click to Apply
new purchase housing loan1M SIBOR +1.481.481.481.482.482.482.482.482.48Click to Apply
new purchase housing loan3M SIBOR +1.381.381.381.382.512.512.512.512.51Click to Apply
new purchase housing loan12M SIBOR +1.281.281.281.282.662.662.662.662.66Click to Apply
new purchase housing loan3M SIBOR +1.151.252.252.502.282.383.383.632.68Click to Apply
new purchase housing loan3M SIBOR +1.381.381.951.952.512.513.083.082.70Click to Apply
new purchase housing loan3M SIBOR +1.101.102.802.802.232.233.933.932.79Click to Apply
new purchase housing loan3M SIBOR +1.501.502.502.502.632.633.633.632.96Click to Apply
new purchase housing loan3M SIBOR +1.401.403.003.002.532.534.134.133.06Click to Apply

*Note the following :

  • Loan Peg refers to the benchmark used which the loan is pegged to, typically Sibor, Board or DMR. The bank then either add or subtract a spread (or discount) from this peg to derive the final INT (interest) for the borrower.
  • Sibor (Singapore Interbank Offer Rate) is updated weekly (see bottom of our Home page) based on rates published on ABS website which is 7 days after (from 1 Oct 2015)

 

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Our Loan Comparison Report shows you everything you need to know about the packages including lock-in period, penalty, availability of legal subsidy & how much, etc. Request for a free copy today!

The mortgage loan packages above are sorted and ranked in order of the lowest average mortgage  rate in the first 3 years. Three-year average rate is used as an basis for evaluation as most borrowers can refinance or switch to a different bank after this period without incurring any penalty or clawback of legal fee subsidy (if applicable).

However going with this lowest average rate may or may not be the best choice for you as everyone’s needs and circumstances are different. For commercial property loans, depending on factors like is it for own-use or investment, local versus foreign ownership, etc, there are many idiosyncratic policy guidelines and restrictions from each bank which may affect things like the maximum loan or LTV, availability of cashout or gearing up, and so on.  To find out more, speak to an experienced mortgage consultant today who can walk you through the differences and look at its total value proposition.

Mortgage rates in Singapore can be either floating or fixed.  Since 2009 after the Great Recession, we have seen lower than usual mortgage rates of below 1.5%p.a. for long periods however with the imminent economic recovery in the US that is set to change.  Clients are now advised to look at fixed mortgage rate loans wherever available which basically provide a good hedge against the rise in market rates in the next few years.

Get Our Rates Report & Have Our Mortgage Consultant Call You Back

Contact Me Now

 

See Also Our Top 10 Packages For Residential Property :
Private Property Completed (Floating Rate) | Private Property Completed (Fixed Rates) | Private Property BUC
HDB Completed (Floating Rate) | HDB Completed (Fixed Rate)

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