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BEST EXECUTIVE CONDO (EC) HOME LOAN IN SINGAPORE

Looking to finance your executive condominium (EC)? ECs are an attractive middle ground between HDB flats and private housing properties, offering the perks of private condos at more affordable prices. Whether you’re interested in purchasing an EC as a new home for your family or a lucrative investment, finding suitable bank housing loans with low rates is an important step in the property-buying process.

For special access to the cheapest bank loans for ECs, you’ve come to the right place. At DollarBack Mortgage, our experienced consultants are dedicated to helping you find the best possible executive condo loan rates and packages in Singapore. Finance your EC with peace of mind and enjoy exclusive rewards along the way. Speak with our mortgage consultants to get started today!

WHY CHOOSE US FOR THE BEST EC HOME LOAN

Expert Advice

Navigating the tricky world of EC housing loans and financing can be a challenging process, especially if it is for your very first property. Here at DollarBack Mortgage, we firmly believe that everyone has the right to be equipped with the knowledge to make the best possible decision for their home loan in Singapore.

On top of advising you on the pros and cons of interest rates, our mortgage consultants will help you negotiate and secure the cheapest possible loans with your preferred bank for your EC. With a network of over 50 mortgage bankers, we have fostered close working relationships with all major banks in Singapore, giving us the leverage to get the best packages for you.

Exclusive Rewards & Discounted Fees

Receive exclusive vouchers, rewards and rebates when you choose us for your new EC home loan or refinancing needs.

Get up to $3,300 worth of cash rewards and discounted legal fees to maximise your savings. Reach out to us to learn more about our latest promotions today.

FREQUENTLY ASKED QUESTIONS ABOUT EC HOUSING LOANS

Can I take a HDB Loan to finance my EC?

No, executive condos are not eligible for HDB loans. Despite being subsidised by the government and considered HDB properties for the first 10 years, ECs can only be financed through a bank loan.

What is the maximum loan for an executive condo?

The maximum loan-to-value ratio (LTV) for ECs in Singapore, which is the maximum amount you can borrow from a bank, is 75% of the property valuation or purchase price (whichever is lower). It is always best to compare between multiple banks, and different banks may offer varying EC housing loan rates in Singapore.

Can I use my CPF as the down payment for my EC?

If you qualify for the maximum loan amount of 75%, you will be required to pay the down payment of at least 25% out of pocket. 5% of this must be paid in cash, and the remaining 20% can be funded from the Ordinary Account (OA) of your CPF.