GET THE BEST LOAN FOR YOUR NEW HDB HOME
Secure the best HDB home loan interest rate in Singapore with exclusive mortgage packages. Complete your HDB purchase with reputable conveyancing law firms and enjoy discounted legal fees.
WHAT OUR CLIENTS SAY…
Frequently Asked Questions
We do not charge any fees to our clients as we are remunerated directly from over 16 banks in Singapore for a successful mortgage application. Going with DollarBack Mortgage instead of directly to the bank ensures that you get unbiased professional advice as we earn standard fees from all banks in Singapore and do not favour one bank over the other.
Yes and no. It really depends on your long term property goals and current financial health. If you are looking for a lower down payment and long term stability for your interest rates and can afford higher monthly instalments, a HDB loan is better suited for you. However, if having flexibility in your home loan, saving on interest costs and having lower monthly instalments is your priority then a bank loan is the recommended choice.
You can secure a HDB home loan from either HDB directly or any bank in Singapore. For a bank loan, we will advise on the best required documents the bank requires to determine your maximum loan amount. Once you have secured your OTP (Option To Purchase) for your desired flat, just submit the valuation report to the bank and an official letter of offer from the bank will be generated. With the letter of offer, you will then have secured your HDB home loan.
Any Singapore citizen or permanent resident above the age of 21 years and with a minimum annual income of $30,000 is eligible for a HDB loan from a bank.
HDB loan rate directly from HDB is currently at 2.60%. Banks loan rates for HDB flats differ periodically and can go as low as 1.20% depending on special approval from different banks and the type of HDB flat you are purchasing
Yes, most definitely. You can use the CPF funds available in your Ordinary Account (OA) to fully pay for legal and stamp duty fees.
Yes. Our partner law firms will act for the bank, CPF board and yourself. There will be no need to engage any other law firms on your end.