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
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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
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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