Owning property and buying a house for themselves is almost everyone’s dream – most people work hard throughout their life and accumulate their life savings to be able to own a house for themselves one day. However, despite working hard and collecting all they have, it is still sometimes difficult to own a property.

Singapore is a country where for most people buying a property or a house for themselves is a huge milestone. Hence, year after year, most people strive to save up and apply for bank loans to buy a property.

Getting a house for yourself is a dream come true for many, but in our day and age, it is almost impossible without a proper mortgage plan. Most young, as well as older, people of Singapore are now looking for mortgage opportunities to be able to build a property for themselves. Still, not everyone is well aware of the basics of a mortgage in Singapore.

Excited to buy a new home but don’t know how to get a mortgage in Singapore? (Mainly applies to private property RESALE market).

Navigating the mortgage process can be overwhelming for many homebuyers, especially for first-timers. They don’t know where to begin when it comes to initiating the property buying process.