No need for TDSR for loan not more than 50% of property value
No Capital Prepayment Penalty
Make capital prepayment without penalty to save on loan interest
- Cash-out with a term loan up to 50% of private residential property value without having to sell your home
- Flexible partial capital prepayment to save on loan interest cost without penalty
- Subsequent Add-On Loan application requires simple application form completion and provision of identity proof and CPF statements only
- Total Debt Servicing Ratio (TDSR) exemption
- Fixed and variable rate packages available
COVID-19 home loan reliefs are available to customers with equity loan.
For owner-occupied and investment private residential properties owners who are applying for mortgage equity withdrawal loans with Loan-to Value ratios of 50% and below.