With the amount of financial available options in the business, it may be challenging to select the ideal choices

SINGAPORE, SINGAPORE / ACCESSWIRE / / Whether you’re planning to upgrade your home or get an investment property, you will need to take out a home loan to finance your purchase. While picking out a home loan sounds like an uphill task, it is a crucial step in completing your property purchase in Singapore. Keep reading to discover how Citibank Financial can fulfil your property financing needs.

When you have any questions in the the house financing packages, delight get in touch with the brand new Citibank group by answering the details on the mode offered

• Faithful financial advisers: A home loan need not be an unsettling trip. For the dedicated pointers of our home loan advisors, you can be certain off a smooth and you can satisfying a home loan journey.
• Detailed financial options: At Citibank, you can expect an array of financial options to complete your unique home financing need. You name it regarding variable, fixed, otherwise crossbreed (a mix of repaired and you can varying pricing) financing bundles.
• Transparent interest rates: Our home loan interest rate bundles try pegged so you’re able to transparent business standard rates (1-month and 3-times Compounded SORA).
• Home loan Interest Offset: Appreciate far more offers with these Mortgage Focus Offset feature when your register for changeable interest rate packages.
• Preferential interest rates: If you are a good Citigold or Citigold Private Client customer, you can purchase entry to preferential financial interest rates.

The next phase within the selecting a home loan would be to select whether a fixed or adjustable rate of interest mortgage often best work for you. Repaired rate of interest lenders include rates of interest one to remain the same regarding period – this means that if you choose a fixed interest mortgage, their mortgage repayments will continue to be constant regarding the lock-in several months. At the same time, varying interest lenders costs interest according to the prevalent sector rates of interest. This is why if you choose to take on a varying interest rate mortgage, your own home loan repayments are very different according to research by the prevalent market desire cost.

Currently, Citibank also provides fixed and you may changeable interest rate home loan bundles to own HDB flats and private property. If you should choose for fixed or varying interest house financing packages is determined by your loan size, personal choices, and you may monetary situations. To the contrary, if prevailing interest rates try anticipated so you can decline, you might be more likely when planning on taking upwards a varying focus rate plan.

With Citibank Home Loan, you can look forward to a rewarding home financing journey with the guidance of our dedicated mortgage advisors and a selection of financial bundles with attractive interest rates. Before deciding on a home loan package, it is essential to consider factors like your financial profile, personal preferences, loan size, and interest rate trends. Our mortgage advisor will reach out to provide advice on loan affordability within 1 business day.

You may want to need to see prevailing interest rate trend and you may predicts – eg, when the prevailing interest rates is actually estimated to improve, using up a fixed interest bundle was beneficial in the the fresh short term

Citi Singapore is actually the full-service bank offering consumers, enterprises, governments and you will establishments from inside the Singapore a broad selection payday loans Lewis of lending products and you may services. It is certainly one of Singapore’s largest overseas financial employers and you will a beneficial tall hub to own Citi all over the world.

The message reflects the scene of article’s publisher and you may do never echo this new views from Citi or their group. Excite investigate products and has the benefit of toward Citi Singapore web site to possess reliability otherwise completeness of one’s advice presented regarding the blog post.