Earn S$500 Cash When You Let Us Refer Bank Loans To You
Message us at 90041643 to find out more.
For home loan rates and related information, please scroll down.
For home loan rates and related information, please scroll down.
Why Let Us Refer Bankers To You
Simply decide on the bank(s) that you prefer for the financing of your home loan. It can be a new loan, refinancing or under construction. Let us refer bankers to you.
You earn an extra $500 cash and got nothing to lose. You will still enjoy the current bank promotional rates and packages, no less. Your contract is signed directly with the bank. If you contact the bankers directly, you won't earn this additional $500.
Simply decide on the bank(s) that you prefer for the financing of your home loan. It can be a new loan, refinancing or under construction. Let us refer bankers to you.
You earn an extra $500 cash and got nothing to lose. You will still enjoy the current bank promotional rates and packages, no less. Your contract is signed directly with the bank. If you contact the bankers directly, you won't earn this additional $500.
How It Works
1. Contact us and let us know your name, contact number, email address, loan amount, loan period and property address(optional). Tell us the bank(s) you prefer, up to 3 banks. If you aren't sure of which banks, then we will suggest two banks to you.
2. Friendly bank home loan executives from the respective banks you have chosen will contact you and explain their home loan packages and rates directly to you. You can decide which bank you want to take up home loan with or not to take up any loans from them at all. No obligations on your part.
3. You liaise with the bankers, submit documents, decide on the type of packages and sign up packages directly with the bank. We will have no privy to your information and it is confidential between the bank and yourself.
4. Once your loan application is approved and loan disbursed, we will ibank S$500 directly to your bank account within 14 days of us receiving our bank referral fee from the bank you have chosen.
Get bankers to contact you now. No obligations to take up loan. You can check your loan eligibility too.
Terms And Conditions
1. In order to get the cash reward of S$500, the loan amount must be at lease S$500,000 and above. The loan period or tenure must not be shorter than 7 years for every successful loan disbursed. If the loan amount is less than S$500,000 or the loan period is less than 7 years, the cash reward will only be S$100.
2. The cash reward of S$500 is only applicable when you contact us directly and not when you had already applied for a home loan with the bank(s) of your choice. Most banks will not accept our referral if you had already applied directly to the bank.
3. Please feel free to use our loan information and applications below. You are free to apply loan through iCompareloan but if you do apply loan through them, then the cash reward is only up to S$100 for every successful loan application, regardless of the loan amount.
4. We are not a mortgage loan broker so we can't advise you professionally on the type of loans or which bank that is most suitable for you. It is advisable for you to seek consultation with our referred bankers on the type of home loan package that will suit you.
5. The bank referral fee may be paid within 2 months from the date of your loan disbursement. If the bank decides to reduce our referral fee for whatsoever reason(s), for example - when the bank gives you special preferred rates that is better than their public promotional rate. In this case, our referral fee from the bank may be less than S$500 and therefore you will only receive a cash reward of up to S$100. This will be supported by payment advice from the bank to us. The cash reward to you is only payable after we had received our referral fee from the bank on the successful deal.
6. This promotion of cash reward is only valid till 30 October 2016.
7. Do note that under MAS regulations, you will need to declare the value of your cash reward/cash receipts to the bank you transact with for your home mortgage loan. Terms and Conditions apply.
1. Contact us and let us know your name, contact number, email address, loan amount, loan period and property address(optional). Tell us the bank(s) you prefer, up to 3 banks. If you aren't sure of which banks, then we will suggest two banks to you.
2. Friendly bank home loan executives from the respective banks you have chosen will contact you and explain their home loan packages and rates directly to you. You can decide which bank you want to take up home loan with or not to take up any loans from them at all. No obligations on your part.
3. You liaise with the bankers, submit documents, decide on the type of packages and sign up packages directly with the bank. We will have no privy to your information and it is confidential between the bank and yourself.
4. Once your loan application is approved and loan disbursed, we will ibank S$500 directly to your bank account within 14 days of us receiving our bank referral fee from the bank you have chosen.
Get bankers to contact you now. No obligations to take up loan. You can check your loan eligibility too.
Terms And Conditions
1. In order to get the cash reward of S$500, the loan amount must be at lease S$500,000 and above. The loan period or tenure must not be shorter than 7 years for every successful loan disbursed. If the loan amount is less than S$500,000 or the loan period is less than 7 years, the cash reward will only be S$100.
2. The cash reward of S$500 is only applicable when you contact us directly and not when you had already applied for a home loan with the bank(s) of your choice. Most banks will not accept our referral if you had already applied directly to the bank.
3. Please feel free to use our loan information and applications below. You are free to apply loan through iCompareloan but if you do apply loan through them, then the cash reward is only up to S$100 for every successful loan application, regardless of the loan amount.
4. We are not a mortgage loan broker so we can't advise you professionally on the type of loans or which bank that is most suitable for you. It is advisable for you to seek consultation with our referred bankers on the type of home loan package that will suit you.
5. The bank referral fee may be paid within 2 months from the date of your loan disbursement. If the bank decides to reduce our referral fee for whatsoever reason(s), for example - when the bank gives you special preferred rates that is better than their public promotional rate. In this case, our referral fee from the bank may be less than S$500 and therefore you will only receive a cash reward of up to S$100. This will be supported by payment advice from the bank to us. The cash reward to you is only payable after we had received our referral fee from the bank on the successful deal.
6. This promotion of cash reward is only valid till 30 October 2016.
7. Do note that under MAS regulations, you will need to declare the value of your cash reward/cash receipts to the bank you transact with for your home mortgage loan. Terms and Conditions apply.
Knowing What a Bank Loan Is - Fixed Rates and Floating Rates
There is no doubt that a bank makes a lot of money. That is also probably why they have been one of the top choices of the people when it comes to deciding as to where to get a loan. However, it is also a known fact that bank rarely offer fixed rate to the borrower in the long term. With that being said, you can often hear people saying that home loans with a fixed rate is only available for a certain period of time in which after the agreed period passes, then it would revert back to having a floating rate.
With such things being said, banks are still torn between choosing to offer floating rate or fixed rate packages.
When you put much thought into it, you would realize that the packages with the floating rate is the best option for the banks for the reason that determine the cost of funds. However, when it comes to floating rate
packages, the risks involved with the interest rate are being transferred to the borrower of the money.
Often at times, the fixed rates are more expensive as compared to floating rates. This is for the reason that the banks are unsure as to what the future rates would be. After all, it is indeed quite difficult to determine what will happen in the future. It is like you going for a policy wherein the interest rate could increase and decrease like crazy. Thus, in the fixed rate, the bank is exerting an in creating a contract that could guarantee you the rates in the future. Moreover, there is a need for you to know that a bank would never do a transaction or a business if they were at risk of losing money. This only means that they are likely to go for a hedging contract in which they would buy a hedging product that would ensure them to get 2% for the span of 2-3 years. More than having the goal of making more money, they are more after acquiring profit from the mortgage loan products.
Now, in acquiring a bank loan, it is not enough for only the bank to benefit from it for the borrower should benefit from the contract as well. There is no doubt that a borrower is after getting a loan with a stable rate or if in case they are only left with the floating rate option, then they are aiming to go for a cheaper. Well, there is no wonder with that as considering that we are living in a world with high daily living expenses. With that, banks have also been exerting an effort in addressing the high interest rate risk while still being able to provide a floating rate that is of lower cost.
With all the things mentioned above, there is no wonder that acquiring a bank loan is one of the greatest options for those who are in dire need of money.
Adapted from article on iCompareloan
There is no doubt that a bank makes a lot of money. That is also probably why they have been one of the top choices of the people when it comes to deciding as to where to get a loan. However, it is also a known fact that bank rarely offer fixed rate to the borrower in the long term. With that being said, you can often hear people saying that home loans with a fixed rate is only available for a certain period of time in which after the agreed period passes, then it would revert back to having a floating rate.
With such things being said, banks are still torn between choosing to offer floating rate or fixed rate packages.
When you put much thought into it, you would realize that the packages with the floating rate is the best option for the banks for the reason that determine the cost of funds. However, when it comes to floating rate
packages, the risks involved with the interest rate are being transferred to the borrower of the money.
Often at times, the fixed rates are more expensive as compared to floating rates. This is for the reason that the banks are unsure as to what the future rates would be. After all, it is indeed quite difficult to determine what will happen in the future. It is like you going for a policy wherein the interest rate could increase and decrease like crazy. Thus, in the fixed rate, the bank is exerting an in creating a contract that could guarantee you the rates in the future. Moreover, there is a need for you to know that a bank would never do a transaction or a business if they were at risk of losing money. This only means that they are likely to go for a hedging contract in which they would buy a hedging product that would ensure them to get 2% for the span of 2-3 years. More than having the goal of making more money, they are more after acquiring profit from the mortgage loan products.
Now, in acquiring a bank loan, it is not enough for only the bank to benefit from it for the borrower should benefit from the contract as well. There is no doubt that a borrower is after getting a loan with a stable rate or if in case they are only left with the floating rate option, then they are aiming to go for a cheaper. Well, there is no wonder with that as considering that we are living in a world with high daily living expenses. With that, banks have also been exerting an effort in addressing the high interest rate risk while still being able to provide a floating rate that is of lower cost.
With all the things mentioned above, there is no wonder that acquiring a bank loan is one of the greatest options for those who are in dire need of money.
Adapted from article on iCompareloan
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