SINGAPORE, SINGAPORE / ACCESSWIRE / / Whether you’re planning to upgrade your home or get an investment property, you will need to take out a home loan to finance your purchase. While picking out a home loan sounds like an uphill task, it is a crucial step in completing your property purchase in Singapore. Keep reading to discover how Citibank Mortgage can fulfil your property financing needs.

When you have any questions from the our home mortgage bundles, delight get in touch with the latest Citibank team by completing the details regarding mode offered

• Devoted mortgage advisors: A mortgage doesn’t have to be a frustrating travel. On the faithful guidance of our financial advisers, you can be positive off a delicate and you will satisfying a home loan journey.
• Comprehensive financial possibilities: At Citibank, we offer many financial options to fulfil your specific a mortgage demands. Take your pick from adjustable, repaired, otherwise hybrid (a mixture of repaired and you may changeable prices) loan packages.
• Clear interest rates: Our house loan interest rate bundles try pegged in order to clear sector standard costs (1-times and you will 3-few days Combined SORA).
• Mortgage Notice Counterbalance: See far more deals with your Real estate loan Interest Counterbalance function whenever your sign up for variable interest bundles.
• Preferential rates of interest: When you find yourself a great Citigold otherwise Citigold Individual Visitors customer, you can aquire the means to access preferential mortgage rates of interest.

The next thing inside the selecting a mortgage is to select if a predetermined or varying interest mortgage commonly better suit your needs. Fixed interest mortgage brokers feature interest rates one will still be the same on the months – thus should you choose a predetermined rate of interest mortgage, their mortgage repayments will continue to be lingering throughout the secure-inside months. While doing so, varying interest mortgage brokers charges attract in line with the prevailing market interest levels. Thus if you choose to accept an adjustable rate of interest loan, the home loan repayments vary in line with the prevalent industry interest rates.

Already, Citibank even offers fixed and you will variable interest home loan bundles to possess HDB flats and private assets. Whether or not you ought to opt for fixed otherwise adjustable interest house financing packages hinges on your loan dimensions, private choices, and financial circumstances. On the contrary, in the event the prevailing rates of interest was expected so you can decline, you’re inclined for taking right up a varying notice rate plan.

With Citibank Home Loan, you can look forward to a rewarding home financing journey loans Lazy Acres with the guidance of our dedicated mortgage advisors and a selection of financial packages with attractive interest rates. Before deciding on a home loan package, it is essential to consider factors like your financial profile, personal preferences, loan size, and interest rate trends. Our mortgage advisor will reach out to provide advice on loan affordability within 1 business day.

It’s also possible to need to evaluate prevailing interest rate trend and you may predicts – eg, if prevailing rates of interest is actually predicted to increase, taking on a predetermined interest rate bundle could well be useful inside this new short term

Citi Singapore try an entire-services bank offering consumers, enterprises, governing bodies and you will associations inside the Singapore a standard list of borrowing products and you can qualities. It is among Singapore’s prominent overseas banking businesses and you can an excellent tall middle to have Citi all over the world.

The content reflects the view of one’s article’s journalist and you will does not at all times echo the new viewpoints regarding Citi or the teams. Please read the services offers with the Citi Singapore site having reliability or completeness of suggestions shown throughout the article.