Tangible Rewards
Each Time You Transact Through MortgageWise
Why Work With Us?
It’s not just about loyalty programme, it’s who you want to work with over the long run?
- Who really takes care of your interest and lets you know all home loan packages including direct promotions where banks are not paying us
- Who watches your back and gives you timely reminder calls 3-6 months before your lock-in expires
- Who gives you the most accurate and up-to-date rates including special deviated rates from selective lenders
We mean what we say. We have even taken care of your “transaction costs” partially since 2017 with our enhanced Rewards Programme (see below) for both new purchase loans as well as refinancing. Not only have we sustained our tangible rewards for years now, we added a new Refinancing Valuation Fee Offset benefit (min. loan $500,000) in 2018, proving beyond doubt our benefits and cost-savings are real, each time you take your loan through us. No complicated mechanics. No “Up to” gimmicks (only for big loans). As long as your loan is at least $500,000. See our growing list of clients’ testimonials.
And each time you refer a friend to us (after you have first tried and affirmed our service), you will always receive a $20 Tangs voucher from us. It’s a lifetime of rewards on mortgages as a valued MortgageWise client. And it pays to work with us long-term.
Rewards Programme:
For Singapore Residential Property
| LOAN | FOR PURCHASE | FOR REFINANCE |
|---|---|---|
| Above S$500,000 | S$1,800* Special Legal Fee (All-In) | S$200** Valuation Fee Offset |
| Below S$500,000 | S$20 Tangs Voucher | S$20 Tangs Voucher |
* From our partner law firm(s) only and price includes stamp duty/gst (usual market rate is $2,500 for private property purchase), up to S$3m purchase price, other terms apply.
** Offset is in the form of Tangs voucher only, other terms apply.
For Singapore Commercial Property & Overseas Property Financing
| LOAN | REWARD |
|---|---|
| Above S$500,000 | S$50 Tangs Voucher |
| Below S$500,000 | S$20 Tangs Voucher |
Referral Programme:
Each Time You Introduce Your Family & Friends..
| LOAN | REWARD |
|---|---|
| S$300,000* & Above | S$20 Voucher / successful referral |
*S$300,000 is our minimum loan size for all property types be it Singapore or overseas.
Terms & Conditions For Our Rewards/Referral Programme:
- Packages where banks do not pay us any distributor (or referral) fees are excluded for example (not limited to): DBS Treasures rates, direct online promotions by DBS/UOB, etc.
- All programmes are contingent on MortgageWise receiving the distributor fee from the bank for the loan successfully introduced by us; in event this distributor fee is not received or reduced for whatever reasons, Management reserves the right not to award the reward at its sole discretion.
- Referral programme above does not apply to spouse, immediate family members, or another mortgage loan where one is also a joint-owner/borrower.
- Referral programme is strictly for existing clients who has first taken a home loan through MortgageWise.
- Gift value awarded is tiered on the final loan amount (based on SGD or equivalent) disbursed in accordance with Letter of Offer signed, and also on a per property basis. Loans cannot be combined for those with multiple mortgages.
- Wherever there is a time-based element to qualify for any programmes, we cannot be held responsible for delays in the loan application process caused by the bank or any other party or for whatever reasons and no such requests will be entertained.
- In event of any dispute Management reserves the right to any final decision it deems appropriate.
- Management reserves the right to stop any of above programmes or promotions or change the gift to something of the same dollar value as it deems fit without prior notice.
