Property-backed loans.
Property-backed loans.
Secure financing. Fast approvals.
Secure financing. Fast approvals.
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Borrow with confidence by leveraging your property. Get the funds you need for personal or business goals with flexible terms and competitive rates.
Borrow with confidence by leveraging your property.
Get the funds you need for personal or business goals with flexible terms and competitive rates.
Trust in safe, collateral-backed lending.
Trust in safe, collateral-backed lending.
High Funding [Up to 85% Cash-Out]
High Funding
[Up to 85% Cash-Out]
High Funding
[Up to 85% Cash-Out]
High Funding
[Up to 85% Cash-Out]
Access more capital compared
to standard SME loans.
Access more capital compared to standard SME loans.
Access more capital compared
to standard SME loans.
Low interest
Low interest
Enjoy lower rates compared to
unsecured loans by using your property
as collateral for better terms.
Enjoy lower rates compared to
unsecured loans by using your property
as collateral for better terms.
Flexible Terms
Flexible Terms
Choose repayment plans that fit
your needs
Choose repayment plans that fit
your needs
Loan-to-Valuation
Loan-to-Valuation
The LTV is calculated by the maximum loan a lender is able to provide over the valuation of your property. Example, a 70% LTV on a $1 Million property means the maximum loan you can take is $700,000.
Therefore the higher the LTV, the more you can cash out. See table's LTVs for different property types.
The LTV is calculated by the maximum loan a lender is able to provide over the valuation of your property. Example, a 70% LTV on a $1 Million property means the maximum loan you can take is $700,000.
Therefore the higher the LTV, the more you can cash out. See table's LTVs for different property types.
Loan-to-Valuation
LTV
LTV
Banks / NBFI
Banks/NBFI
Alternative
Lenders
Alternative Lenders
Residential
Residential
70%
Commercial
Shophouses
Industrial
80%
70%
70%
70%
60%
80%
80%
80%
70%
Commercial
70%
80%
Shophouses
70%
80%
Industrial
60%
70%
Loan outstanding and total CPF used
Loan outstanding and total CPF used
With the LTV, your total cash out amount is now %LTV of your property minus your outstanding loan and the CPF used to purchase the property (with accrued interest).
With the LTV, your total cash out amount is now %LTV of your property minus your outstanding loan and the CPF used to purchase the property (with accrued interest).
Example:
George has a condo currently valued at $1 million with an outstanding loan of $300,000. He also utilised a total of $100,000 including accrued interest to finance his condo. This means the maximum amount he can cash out is [LTV 70% x S$1,000,000 (market value)] - $300,000 (outstanding loan) - $100,000 (CPF Utilised) = $300,000.
Example:
George has a condo currently valued at $1 million with an outstanding loan of $300,000. He also utilised a total of $100,000 including accrued interest to finance his condo. This means the maximum amount he can cash out is [LTV 70% x S$1,000,000 (market value)] - $300,000 (outstanding loan) - $100,000 (CPF Utilised) = $300,000.
Bank vs. non-bank
Bank vs. non-bank
Here’s a full breakdown on the pros and cons between a bank and a non-bank.
Here’s a full breakdown on the pros and cons between a bank and a non-bank.
Property Backed
Property Backed
Banks
Banks
Non-Bank
Non-Bank
LTV
LTV
60% - 70%
60% - 70%
✓ 60% - 85%
✓ 60% - 85%
Interest Rate
Interest Rate
✓ 3.98% p.a. onwards
✓ 3.98% p.a. onwards
7.5% p.a. onwards
7.5% p.a. onwards
Tenor
Tenor
✓ Up to 25 years
✓ Up to 25 years
Typically up to 5 years
(able to stretch to 15 years)
Typically up to 5 years
(able to stretch to 15 years)
Repayment Schedule
Repayment Schedule
Principal + interest monthly
Principal + interest monthly
✓ Principal + Interest Monthly OR
Interest Servicing only
✓ Principal + Interest Monthly OR
Interest Servicing only
Processing Fee
Processing Fee
✓ 0%
✓ 0%
0.5-1.0%
0.5-1.0%
Apply now.
Apply now.
Start your property-backed financing today.
Start your property-backed financing today.
Start your property-backed financing today.
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