Top Housing Loan Finances in Singapore

In most countries, the housing loan is a significant part of the average person’s monthly expenses. In Singapore, this is not always the case with many people opting for public housing instead. However, if you are looking to buy your own home or need a mortgage for an investment property, there are some great financing options available in Singapore that will help make owning a home more affordable. If you are looking for a housing loan in Singapore, then this is the right place. We have compiled a list of the most popular options so that you can choose which one suits your needs best.

1. PropertyGuru Finance

Credit: Property Guru
BEST FOR Home Financing and Mortgage Advice
SERVICESPrivate property loans
HDB bank loans
Commercial property loans
ADDRESS1 Paya Lebar Link, #12-01/04, Paya Lebar Quarter, Singapore 408533
CONTACT DETAILSCall or Whatsapp +65 8769 5300
OPERATING HOURSMonday – Friday, 9:00 AM – 9:00 PM
Saturday, 9:00 AM – 1:00 PM

Let PropertyGuru Finance do the legwork for you to secure the best house loan in Singapore.
PropertyGuru Finance is more than a brokerage firm. PropertyGuru’s advanced screening technologies and algorithms will supplement professional guidance from Singapore’s most experienced mortgage brokers. Join thousands of other property buyers and owners who are looking for more than simply instant discounts.

PropertyGuru Finance assists house buyers in locating the finest housing loan for their unique needs and applying for it quickly and easily with guaranteed best mortgages and rates. They keep an eye on the market for homeowners regularly and alert them when it’s the ideal moment to refinance, switch, or save loans depending on their objectives.


  • Get impartial, personalised advice with no costs or obligations!
  • They provide the best rates and home loan savings from all central banks.
  • They provide a mortgage calculator and other technological tools to make the process of becoming a homeowner easier.

2. DBS Housing Loan

Credit: DBS Bank
BEST FOR Transparent Rates
SERVICESHome Loans, Personal Loans, Car Loans, and Education Loans
CONTACT DETAILS1800 111 1111
OPERATING HOURSMonday – Friday, 8:00 AM – 5:00 PM

Since the 1970s, DBS has aided many Singaporeans in achieving their dream home. Look no farther than DBS if you’re searching for a bank with a simple application process and fewer criteria.

One of their housing loan conditions is that they should not be less than $300,000. If you choose their 2-year package, your interest rate will only be 1.83 per cent for both years, so keep that in mind if you’re looking for the best house loan interest rates in Singapore.

On top of the fixed deposit house rate, you’ll have to pay the same interest rate for the third year. It is far less expensive than other banks; therefore, you may have a decent chance of purchasing your ideal home with DBS.


  • Interest rates are low.
  • The application is simple.
  • Customers who qualify will get cash refunds.

3. Citibank Housing Loans

Credit: Issuu
BEST FOR Competitive Introductory Rates
SERVICESHome Loans, Personal Loans, Travel Insurance, and Investments
CONTACT DETAILS(65) 6238-8833
OPERATING HOURSMonday – Friday, 8:00 AM – 5:00 PM

Citibank isn’t renowned for providing low-housing mortgages, but they provide attractive starting rates for those with excess cash. However, these rates will dramatically climb after two or three years of payments, so be prepared since the increase will not be gradual.
As a result, we can only suggest Citibank to those considering refinancing their mortgages every few years.

Because their interest rates are not budget-friendly, it will not be the ideal housing loan in Singapore for individuals seeking a reduced overall cost of borrowing.
On the other hand, if you are serious about getting a Citibank housing loan, you should open an offset account before applying for a loan.

If you have a history with Citibank, you’re more likely to obtain a better interest rate if you borrow more than $500,000. We’d suggest them to long-time Citibank customers who are financially comfortable and looking for the safest and finest house loan in Singapore for 2021.


  • Low start-up costs.
  • Existing customers get better interest rates.

4. Standard Chartered Housing Loan

Standard Chartered Housing Loan
BEST FOR Low Total Cost of Borrowing
SERVICESHome Loans and Personal Loans
ADDRESS8 Marina Boulevard, Tower 1, #01-01 Marina Bay Financial Centre, Singapore 018981
CONTACT DETAILS+65 6747 7000
OPERATING HOURSMonday – Friday, 10:00 AM – 7:00 PM

With clientele from residential and commercial sectors, Standard Chartered has a strong track record for offering the best mortgage rates in Singapore. People who create a bank account with them may also be eligible for housing loan reductions.

Standard Chartered may be of interest to you if you wish to decrease your total cost of borrowing. Because its loans have lower floating interest rates, it may negotiate affordable and competitive housing loans.

Applying isn’t tricky in terms of their eligibility. You’re okay to go as long as you’re borrowing at least $100,000 and earning at least $30,000 annually. In terms of hassle-free qualifying, this makes them the most refined mortgage loan in Singapore.


  • Interest rates that are lower.
  • Clients with deposit accounts get better offers.

5. HSBC Home Loans

HSBC Home Loans Singapore
Credit: HSBC Singapore
BEST FOR Fixed-rate Packages
SERVICESHome Loans, Personal Loans, Debt Consolidation, Travel Insurance, and Car Insurance
ADDRESS50, #01-03 Raffles Place, Singapore Land Tower, Singapore 048623
CONTACT DETAILS+65 1800 472 2669
OPERATING HOURSMonday – Friday, 9:30 AM – 5:00 PM

Unlike OCBC and DBS, HSBC isn’t the go-to bank for housing financing. However, to attract more consumers to their competitive house loans, they are making their housing loans more economical and accessible. One of the advantages of using them as your bank is customising your interest rate bundle to meet your lifestyle and pay. Either a fixed-interest rate, a SIBOR-pegged rate, or a TMDR-pegged rate will suffice.

You may get an interest rate as low as 1.8 per cent on a housing loan with a two-year lock-in term. It’s identical to other banks that offer housing loans, with the difference that HSBC’s other rates and costs are far cheaper. Furthermore, if you enjoy their housing loans and wish to suggest a friend, you may get a voucher worth up to $650 for each successful referral. In general, we’d advise them to anyone seeking a low-interest house loan in Singapore with a referral scheme.


  • Competitive interest rates.
  • Additional costs are reduced.
  • Customised pricing plans.
  • Referral bonuses are available.

6. Maybank Home Loans

Credit: maybank2u
BEST FOR Choice of fixed or floating rate
SERVICESHome Loans, Personal Loans, Car Loans, Savings Accounts, Time Deposits, and Insurance
ADDRESS63 Jurong West Central 3, #B1-01/02 Jurong Point Shopping Centre, Singapore 648331
CONTACT DETAILS+65 1800 629 2265
OPERATING HOURSMonday – Friday, 11:00 AM – 7:00 PM

Maybank’s Property Loans are a great option if you want a bank that will genuinely support your goal of owning a home by offering Singapore’s best home loan rates.
Clients must select between a fixed and variable rate for each housing loan (which is uncommon for banks offering housing loans). And the freedom they provide their consumers makes them one of Singapore’s finest mortgage loans.

Another benefit you may obtain from Maybank is a cash gift if you opt to refinance your housing. Clients may be eligible for a special remodelling loan package in some cases. Overall, we believe Maybank is an excellent bank to acquire a housing loan from since they are patient and don’t try to take advantage of their customers with high loan interest rates in Singapore.


  • 75% funding.
  • A loan package for renovation.
  • Referral bonuses are available.

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