Bank Loan rate

[Arcachon]

Home Loan Packages for MAR 2021

BUC - Package 1: Mortgage Board Rate
Year 1 to 3 MBR + 0.38% (1.18%)
Year 4: MBR + 0.80% (1.60%)
Thereafter: MBR + 1.00% (1.80%)
🌟 MBR currently at 0.80%

BUC - Package 2: 1-month Compounded SORA
Year 1 to 3: 1M Comp SORA + 0.98%
Thereafter: 1M Comp SORA + 1.40%
🌟 1M Comp SORA currently ~0.19% as at 4 Mar 21

BUC - Package 3: 3-month SIBOR
Year 1: 3M SIBOR + 0.80%
Thereafter: 3M SIBOR + 0.80%
🌟 3M SIBOR currently ~0.43% as at 4 Mar 21

Building Under Construction (BUC) package features:
🔓No lock in
✔️2x Free conversion
✔️Wavier of cancellation fee due to sale
✔️No fire insurance required for MCST properties
✔️Prepayment allowed

*****

Completed - Package 1: Mortgage Board Rate (MBR)
🔒1 year lock in
Year 1 to 2: MBR + 0.38% (1.18%)
Year 3: MBR + 0.60% (1.40%)
Thereafter: MBR + 1.00% (1.80%)
🌟 MBR currently at 0.80%
🌟 Free conversion if MBR increases or after the lock in period
🌟Repayment allowed up to 50% of original loan within lock in period

Completed - Package 2: 1-month Compounded SORA
🔒2 year lock in
Year 1 to 2: 1M Comp SORA + 0.98%
Thereafter: 1M Comp SORA + 1.40%
🌟1M Comp SORA currently ~0.19% as at 4 Mar 21
🌟 Free conversion after 1 year
🌟Repayment allowed up to 50% of original loan within lock in period

Completed - Package 3: 3-month SIBOR
🔒2 year lock in
Year 1: 3M SIBOR + 1.00%
Thereafter: 3M SIBOR + 1.00%
🌟3M SIBOR currently ~0.43% as at 4 Mar 21
🌟 Free conversion after lock in
🌟Repayment allowed up to 50% of original loan within lock in period

Completed - Package 4: 3Y Fixed Rate
🔒3 year lock in
Year 1 to 3: 1.35% Fixed
Thereafter: MBR + 1.00% (1.80%)
🌟 MBR currently at 0.80%
🌟 Free conversion if MBR increases

Completed - Package 5: 2Y Fixed Rate
🔒2 year lock in
Year 1 to 2: 1.35% Fixed
Year 3: MBR + 0.80% (1.60%)
Thereafter: MBR + 1.00% (1.80%)
🌟 MBR currently at 0.80%
🌟 Free conversion if MBR increases

*****

REFINANCING PROMO
💰Cash Reward for customers💰

📌Private property refinancing:
$2000 for loan > $500k
$2500 for loan > $1.5m

📌HDB property refinancing:
$1800 for loan > $300k

[Arcachon]

https://scontent.fsin3-1.fna.fbcdn.net/v/t1.0-9/158476734_10221089747766263_4122105001480362650_o.jpg?_nc_cat=111&ccb=1-3&_nc_sid=730e14&_nc_ohc=uq4GTech4b4AX8OzNhe&_nc_ht=scontent.fsin3-1.fna&oh=efab76b441ee815bbdcacfcdd696c1af&oe=60698291

https://www.uobgroup.com/web-resources/uobgroup/pdf/research/RS_190903A.pdf

[Arcachon]

https://scontent.fsin3-1.fna.fbcdn.net/v/t1.0-9/158461893_10221090159376553_6789895767435920554_o.jpg?_nc_cat=103&ccb=1-3&_nc_sid=730e14&_nc_ohc=9NTgl1OE4yQAX_91SRU&_nc_ht=scontent.fsin3-1.fna&oh=ebe971d27dbcf441976d001e4098621c&oe=606BA18F

[Arcachon]

For an indicative calculation for your EC, I will need to know the following Information


1) Indicative Executive Condominium Purchase Price?

2) Any Housing Loans Currently?

3) Date of Birth of the Borrowers Individually or if not Age, based on current year e.g 2021

4) Employed or Self-Employed (with shareholdings in Company)

5) Length of Service in Current Company

6) Basic Income

7) Notice of Assessment 2020's Employment Income (if commencement in current employment is on or earlier than 1/1/2019) This is for Income earned in 2019
not required if less than 2 years in current company

8) Any Loan Commitments e.g Car Loan, Personal Loan or Tuition Fee Loan?

9) Credit Card Spending always paid in Full?

10) Roughly How Many Active Credit Cards you have used recently?

11) Roughly how much is the spending on the cards, Individually

Only For Applicants with existing HDB and under deferred payment scheme and taking Deferred Bridging Loan

12) Are All The Owners of the HDB buying the Executive Condominium Together?

13) What is the estimated valuation of the existing HDB?

14) What is the existing CPF Utilized + Accrued Interest of All Owners of the Existing HDB Flat

15) What is the current HDB loan balance

16) What is the current CPF OA Balance (excluding the cpf used on existing property)