Not enough money to buy an apartment in Singapore?
No problem! CMP Realty will help you to get a mortgage in Singapore even if you are not a resident of this wonderful country.
A home loan in Singapore can be obtained for the purchase of condominiums in the primary and secondary markets of Singapore for your own residence. The maximum loan amount from the value of the object will be 50%, and the minimum loan amount is 45 thousand Singapore dollars. Rates in dollars - 8.75 - 9.07% per annum. This is higher than in Europe, but significantly lower than in Russia. Loan term - from 1 to 10 years. The maximum age of the borrower at the end of the loan term should not exceed 70 years.
We do not require borrowers to provide a residence permit, work permit and marriage certificate with a citizen of the country. The source of income can be income abroad.
To get a loan to buy an apartment in Singapore, you need to provide CMP Realty as follows:
For individuals:
For legal entities:
Property deeds:
The documents must be translated into English.
After submitting the documents, the loan is issued within 10 working days.
It should also be noted that there are additional costs - commissions, fees, appraisal and insurance. So that they do not come as a surprise to you, here is a short list of them and their costs. The first step is to pay a commission for opening a loan. Usually it is 1.25% of the loan amount (minimum 1-2 thousand Singapore dollars). The mortgage registration fee will "eat" another 1% of the loan value. There is also a stamp duty - 0.05% of the loan value (maximum 500 dollars).
These are fixed payments. Other prices will be floating. First, it is real estate appraisal and Due Diligence. Here, the amount depends on the appraisal company. Then - compulsory insurance of the object (how much you have to pay determines the amount of insurance coverage). Obligatory life insurance of the borrower. Here, age, gender, contract duration, insurance amount and other factors play a decisive role. Finally, the penalty for early repayment of the loan. As a rule, this is 2% of the prepayment amount. Despite all these payments, a loan can become a convenient tool to buy an apartment in Singapore, and we, CMP Realty, will gladly help you with this.
Our impeccable reputation is confirmed by a long-term partnership with the largest banks of Russia and Thailand:
"VTB Bank", "Rosselkhoznadzor", "Bank Acceptance", "Sberbank", "Absolut Bank", "Transcapitalbank", "UniCredit Bank", "DeltaCredit", "Rosbank", "Metallinvestbank", "Nomosbank", representative of Kasikornbank, Siam Commercial Bank Bangkok Bank, TMB Bank, UOB Bank, DBO Bank OCBC Bank, Krungsri Bank, MBK Bank, HSBC, UBS, Ziraat Bankası, Garanti BBVA, İş Bankası, Royal Bank of Canada, Emirates NBD, First Abu Dhabi Bank, Mashreq.
Banks provide mortgage loans to our clients on preferential terms. Also our partners are the largest developers:
Sibakademstroy LLC, ESKaD LLC, SK LLC Pro Misto, Strizhi Group, Obstroyinvest, Ob-Invest LLC, Delta Development, PUMP CJSC, Glasssib LLC, SibResStroy LLC, Metapribor NISK, Progress LLC, TRANSSERVICE, Solnechnoye CJSC, Polikom, Energostroy, GREENAGROPROEKT LLC, ELKA Group development", PIK Group, Etalon Group, LSR Group, Setl Group, Lingonberry Group, Aeroplane Group, FGC Group, Granel Group, Heights Enterprise, world top groups in universal groups, blue sky group, new group, golden Tulip group.
CMP Realty gives each of our clients the opportunity to profitably get a mortgage loan, sell or buy an apartment.