Why Work With Us?
If you prefer to work with a trusted partner over the entire duration of your mortgage, and not having to source again every time. Bankers will change jobs or sell only certain home loan packages. Agents might not be there for you long after purchase, or at best, they just ask different bankers to contact you.
At MortgageWise, our focus is to deliver consistently:
- Expert advice in mortgage structuring – fixed or floating and why so at different times of the interest rate cycle? Decoupling at same time? Combo loan? Interest-offset? Lock-in period? And so on..
- Most up-to-date and accurate rates in an easy-comparison format
- “Whole of market” view on all home loan packages including those that banks may not be paying us
- Fast and impeccable service
- Reminder calls 3-4 month before your lock-in expires (don’t ever be late again)
Not only that. You enjoy additional benefits when you take the same home loan package (feel free to check) through us rather than direct from the banks! To thank you for this support, we put together real transaction cost savings in our Rewards programme (see below) for both purchase ($1800 Special Purchase Legal Fee) as well as refinancing (Valuation Fee Offset). Both subject to a minimum loan of $500,000. And starting this year 2019 we’ve changed to Fairprice Gift Card!
And we have an ongoing referral programme reserved only for our clients, since 2014: Each time you refer a friend to us successfully, you get another $50 Fairprice Gift Card from us!
No complicated mechanics. No “Up to” gimmicks. As long as your loan is min $500,000. See our growing list of clients’ testimonials.
Rewards Scheme
Loan Amount |
For Purchase |
For Refinance |
>=$500,000 |
S$1,800 Legal Fee (All-in)* |
S$150 Valuation Offset**
|
< $500,000 |
S$50 Fairprice Gift Card |
S$50 Fairprice Gift Card |
* For new launches (under construction type) this price is $2,000 (all-in). Price is for residential purchase up to $3m price and includes mortgage stamp duty & gst (market rate at $2,500/2,800 for completed/new launch property). Other standard terms apply.
** Offset is in the form of Fairprice gift card only, other terms apply.
Referral Scheme
Loan Amount |
Reward |
>=S$300,000* |
S$50 Fairprice Gift Card for EACH successful referral |
Note: Our referral scheme is only for existing clients who took a loan through MortgageWise successfully.
* Our minimum loan amount is S$300,000 before we will broker any case. Here’s why.
Overseas/Commercial Property Rewards
Loan Amount* |
Reward |
>=S$500,000 |
S$100 Fairprice Gift Card |
< S$500,000 |
S$50 Fairprice Gift Card |
* Equivalent when converted to SGD
** Offset is in the form of Fairprice gift card only, other terms apply.
Terms And Conditions (MortgageWise Rewards/Referral Schemes)
- 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 card from one establishment to another of the same dollar value as it deems fit without prior notice.