Loansupermart LLP is founded by a group of ex-professional mortgage loan bankers in the Singapore home loan services sector.
As one of the leading pioneer leaders in the market, thus we are known for providing highly competitive home loan rates in Singapore.
Our company values our clients & working partners, therefore it’s in our nature to provide excellent customer services to our value clientele and partners.
We maintain a strong and close relationship with various other banks and financial institutions in Singapore. In order to provide the leading edge when it comes to getting the most updated financial reports. Loansupermart works hand in hand with our partners to offer the most comprehensive Singapore home loan advises to all of our clients.
We believe in providing the most competitive and best Singapore home loan to our clients hence, you would be secured with the best home loan available in Singapore.
FAQ on our Singapore home loan services
How can you reach Loansupermart for information on Singapore Home Loan?
1. Call/ SMS/ Whatsapp to our loan Consultant Eugene 9452 1182.
2. Email our consultant email@example.com.
3. Fill up our contact us form at this link Contact Loansupermart.
4. Visit our Facebookpage and drop us a pm Loansupermart Facebook.
5. Leave your contact on the form on the right hand side of the page.
What should You take note of during the application for Singapore Home Loan?
1. Loan Amount that you are intending to apply.
2. Rates, the most important factors (Fixed/ SIBOR-pegged/ SOR-pegged/ Board Rate-pegged).
3. Loan Period that you are intending to apply.
4. Repayment Terms & Conditions (Penalty/ Full repayment of loan before contract date).
5. Legal and Valuation Fees.
6. Free fire insurance.
*Note: All these information would be provided by loansupermart when you are applying through us.
How does the banks evaluate your loan amount?
You will be eligible for more home loan as the valuation of your property rises but this also subjects to factors like your income level, financial commitments, credit bureau rating and CPF usage on the property.
Why should you refinance?
Refinancing is a way that allows you to enjoy lower installment payments depending on the rates offered by other banks. However we will guide you through the considerations to make like early repayments charge, valuation fees and legal fees. Which other banks might offer subsidies or rebates.
Would You like to have an estimated monthly home loan installment guide?
You can visit our Singapore home loan calculator to compute an estimated guideline for your loan installments. Loan Calculator
How can you find out about your current home loan info?
You can find out your current home loan info by bank statements, internet banking or calling the hotline for the bank. For faster response you may contact us if you have applied your Singapore home loan through us.
When should you source for Singapore Home Loan?
1. New Home Purchase Loan.
During an Option to Purchase (OTP) which has to be exercised within 14days.
Failing will result to forfeiting of your option fees, thus you are encouraged to start looking for a Singapore Home Loan once the OTP has been signed.
This will obtain a confirmation of your financing and ensure that the OTP can be exercised within the 14 days period.
If you have uncertainties whether your home loan could be approved by the bank, you are recommended to obtain an Approval-In-Principle (AIP) before any commitment to the purchase and payment for the option fees.
A recommendation to start sourcing for a refinancing loan package 3 to 6 months before your loan is out of its penalty period for repayment.
This is for taking into consideration the time needed for retreving required documents and for the bank to ensure a smooth switching of bank package once the loan is out of lock-in.
What is your maximum loan repayment period?
You can borrow up to a max period of 35 years for private property and 30 years for HDB homes depending on your age.
Different banks practice different policies on the maximum loan repayment period.
What is the percentage that you can borrow?
1.1) If you are taking up Singapore home loan for your first property, you may borrow up to 80% purchase price or valuation depending on which is lower.
1.2) The remaining 20% , 5% must be paid by cash and the balance 15% can be paid by cash or CPF if you are a Singaporean.
2.1) If you are taking a home loan on top of your existing loans, you are eligible to borrow up to 50% of the purchase price or valuation depending on which is lower.
2.2) The remaining 50%, 25% must be paid by cash and the balance 25% can be paid by cash or CPF if you are a Singaporean.
*Note: Stated above is indicative and may change due to regulation requirements. It is subjected to individual banks approval.
What are your benefits of going through Loansupermart for your Singapore Home Loan?
1. Loansupermart is a few of Singapore’s leading home loan advisory firm.
2. We are experienced and professional Singapore Home Loan specialists that offer free personalized services to help you save time & money
3. We ensure to find the best deal for your loan, making it a simple and hassle-free experience for your home loan.
150 Orchard Road #07-12
Contact Number: 9452 1182