How do mortgage brokers make money?

We earn a referral fee from each bank upon every successful loan application. Every bank pays the same fee, and this ensures we are not swayed financially to provide advice that is not to our consumers’ benefit. Read more about mortgage brokers and learn what we do here .

How are mortgage brokers able to give us the best rates?

Similar to how you can get the best Credit Card sign-up rates from the likes of Singsaver and MoneySmart, our relationship with banks is the same. Banks only pay us for each successful transaction, and this means they have little to no marketing costs involved when they work together with us. The nature of mortgage brokers means we work across multiple lenders. This in turn creates competition among banks to constantly offer rates better than one another, as they know neutral mortgage brokers like us would naturally only recommend the best rates to our clients. The lack of marketing dollars and nature of our industry allows us to offer you the best rates possible for your mortgage.

Mortgage Broker & Consultant Singapore

Q: Can you help me reprice my existing bank loan?

Repricing is typically facilitated by banks directly. That being said, we are more than happy to help advise on whether that is right for you, and give you assistance for a successful repricing experience.

Q: How do I know when’s the best time to refinance?

The typical timeline for refinancing is at least three months before your lock-in period ends, while the timeline for repricing is 1 month. (P/S You can read up more on the difference between refinancing and repricing here.) We recommend reaching out to my team of highly experienced consultants to advise you on the right time and what’s available in the market.

Q: How can I get the latest bank rates?

Rates offered in the market differ by property type and loan amount. To get the latest bank rates, simply fill up the details here and we’ll share with you the latest bank rates in the market.

Our Featured Products

3 Year Fixed (Green Mortgage)
First Year Interest
2.40%
First Year Monthly Instalment
4.68K
Loan Tenor
30 years
Three Year Average Interest
2.42%
Fixed interest rates
3 year lock-in
(Minimum loan amount requirement applies)
(Only applicable to selected properties with GREEN MARK certification)
Year 1: 2.40% Fixed
Year 2: 2.40% Fixed
Year 3: 2.45% Fixed
Thereafter: 3M SORA + 1.00%
- One free conversion after lock in period
- Must take up BOC credit card
Legal subsidy for refinancing only
- 0.40% of loan amount, capped at $1,800
3 Year Fixed
First Year Interest
2.45%
First Year Monthly Instalment
4.71K
Loan Tenor
30 years
Three Year Average Interest
2.45%
Fixed interest rates
3 year lock-in
(Minimum loan amount requirement applies)
Year 1: 2.45% Fixed
Year 2: 2.45% Fixed
Year 3: 2.45% Fixed
Thereafter: 3M SORA + 1.00%
- One free conversion after lock in period
- Must take up BOC credit card
Legal subsidy for refinancing only
- 0.40% of loan amount, capped at $1,800
2 Year Fixed Flexi (Green Mortgage)
First Year Interest
2.45%
First Year Monthly Instalment
4.71K
Loan Tenor
30 years
Three Year Average Interest
2.97%
Fixed interest rates
2 year lock-in
(Minimum loan amount requirement applies)
(Only applicable to selected properties with GREEN MARK certification)
Year 1: 2.45% Fixed
Year 2: 2.45% Fixed
Year 3: 3M SORA + 0.80%
Thereafter: 3M SORA + 1.00%
- One free conversion after 12 months
- Must take up BOC credit card
Legal subsidy for refinancing only
- 0.40% of loan amount, capped at $1,800
2 Year Fixed
First Year Interest
2.48%
First Year Monthly Instalment
4.73K
Loan Tenor
30 years
Three Year Average Interest
2.96%
Fixed interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: 2.48% Fixed
Year 2: 2.48% Fixed
Year 3: 3M SORA + 0.70%
Thereafter: 3M SORA + 1.00%
- One time free conversion after lock in period
- 100% penalty refund if due to sale and new loan min 200K to be taken up within 6 months from date of redemption
Subsidy is applicable to both purchase and refinancing
- Legal subsidy 0.30% of loan amount, capped at $2,000
- Valuation subsidy $500 for loan amount above 800K
2 Year Fixed Flexi
First Year Interest
2.50%
First Year Monthly Instalment
4.74K
Loan Tenor
30 years
Three Year Average Interest
3.00%
Fixed interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: 2.50% Fixed
Year 2: 2.50% Fixed
Year 3: 3M SORA + 0.80%
Thereafter: 3M SORA + 1.00%
- One free conversion after 12 months
- Must take up BOC credit card
Legal subsidy for refinancing only
- 0.40% of loan amount, capped at $1,800
2 Year Fixed Flexi (With 200K Deposit)
First Year Interest
2.50%
First Year Monthly Instalment
4.74K
Loan Tenor
30 years
Three Year Average Interest
3.00%
Fixed interest rates
2 year lock-in
(Minimum loan amount requirement applies)
(Must fund 200K before loan disbursement)
Year 1: 2.50% Fixed
Year 2: 2.50% Fixed
Thereafter: 1M SORA + 1.00%
- One free conversion after 12 months
Cash rebate For refinancing only
Loan amount below 500K - $1,000
Loan amount above 500K - $2,000
Loan amount above 1.5M - $2,500
3 Year Fixed
First Year Interest
2.55%
First Year Monthly Instalment
4.77K
Loan Tenor
30 years
Three Year Average Interest
2.55%
Fixed interest rates
3 year lock-in
(Minimum loan amount requirement applies)
Year 1: 2.55% Fixed
Year 2: 2.55% Fixed
Year 3: 2.55% Fixed
Thereafter: 3M SORA + 1.00%
- One free conversion after lock in period
- No need to pay bank's fire insurance for MCST property
Cash rebate for refinancing only
Private Loan amount above 500K - $2,000
Private Loan amount above 1.0M - $2,500
Private Loan amount above 1.5M - $2,800

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Contact Our Mortgage Advisors For the Best Housing Loan Interest Rates!

Compare Home Loans Rates in Singapore

Our online tool acts like a mortgage specialist — showing you all the available mortgage loan packages in Singapore, so you can select the home loan interest rate you want.

Chat with Mortgage Specialists in Singapore!

Our team of rockstar mortgage consultants in Singapore will follow up and provide you with personalised home loan advice, saving you time and money.

Claim the Best Mortgage Rates

While more Singaporeans are stressing about rising mortgages, you don’t have to. Our team of mortgage specialists in Singapore will connect you with the best bankers and lawyers, ensuring a fast and convenient application process.

Count on Our Mortgage Consultants in Singapore

Our journey doesn't end here - as your trusted mortgage advisor in Singapore, we'll keep you informed when home loan rates change, so that you can save for your entire mortgage journey.

The Mortgage Master Difference

Reliable Mortgage Brokers in Singapore

We built Mortgage Master to bring transparency and clarity to an outdated and opaque industry. As mortgage advisors in Singapore with over 50 years of combined experience, we offer personalised advice tailored to your needs. That includes tips on how to save on your monthly mortgage repayments, too

Exclusive Rates and Partnerships

As mortgage brokers in Singapore, we get access to home loan rates not available to the general public. We also partner with reliable bankers and law firms that we entrust our customers to. They ensure that your home loan application process is smooth and efficient.

Our Service is Free!

Mortgage brokers in Singapore like Mortgage Master earn a referral fee from the banks for each successful home loan application. Since every bank pays us the same referral fee, this allows us to be biassed FOR YOU, and work to your best interests.

Bank Partners

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What People Are Saying

“
Glad to have found a mortgage broker I can trust. Not only have they saved me a considerable sum of money, I have referred friends and family to them and they have never disappointed.
Arief
“
Honesty and trust at this level is hard to find in the financial sector. Mortgage Master keep up the good work!
Steve
“
Wow! The first time I sought advice they turned away my business, explaining why it was not the right time to refinance. This is the first time a broker told me the truth and was not hard selling. When I upgraded my home, Mortgage Master was my first port of call, and their explanations and value-add was a breath of fresh air.
Kelvin
“
Glad to have found a mortgage broker I can trust. Not only have they saved me a considerable sum of money, I have referred friends and family to them and they have never disappointed.
Arief
“
Honesty and trust at this level is hard to find in the financial sector. Mortgage Master keep up the good work!
Steve
“
Wow! The first time I sought advice they turned away my business, explaining why it was not the right time to refinance. This is the first time a broker told me the truth and was not hard selling. When I upgraded my home, Mortgage Master was my first port of call, and their explanations and value-add was a breath of fresh air.
Kelvin
“
Glad to have found a mortgage broker I can trust. Not only have they saved me a considerable sum of money, I have referred friends and family to them and they have never disappointed.
Arief
“
Honesty and trust at this level is hard to find in the financial sector. Mortgage Master keep up the good work!
Steve
“
Wow! The first time I sought advice they turned away my business, explaining why it was not the right time to refinance. This is the first time a broker told me the truth and was not hard selling. When I upgraded my home, Mortgage Master was my first port of call, and their explanations and value-add was a breath of fresh air.
Kelvin
“
Glad to have found a mortgage broker I can trust. Not only have they saved me a considerable sum of money, I have referred friends and family to them and they have never disappointed.
Arief
“
Honesty and trust at this level is hard to find in the financial sector. Mortgage Master keep up the good work!
Steve
“
Wow! The first time I sought advice they turned away my business, explaining why it was not the right time to refinance. This is the first time a broker told me the truth and was not hard selling. When I upgraded my home, Mortgage Master was my first port of call, and their explanations and value-add was a breath of fresh air.
Kelvin
“
Glad to have found a mortgage broker I can trust. Not only have they saved me a considerable sum of money, I have referred friends and family to them and they have never disappointed.
Arief
“
Honesty and trust at this level is hard to find in the financial sector. Mortgage Master keep up the good work!
Steve
“
Wow! The first time I sought advice they turned away my business, explaining why it was not the right time to refinance. This is the first time a broker told me the truth and was not hard selling. When I upgraded my home, Mortgage Master was my first port of call, and their explanations and value-add was a breath of fresh air.
Kelvin
“
Glad to have found a mortgage broker I can trust. Not only have they saved me a considerable sum of money, I have referred friends and family to them and they have never disappointed.
Arief
“
Honesty and trust at this level is hard to find in the financial sector. Mortgage Master keep up the good work!
Steve
“
Wow! The first time I sought advice they turned away my business, explaining why it was not the right time to refinance. This is the first time a broker told me the truth and was not hard selling. When I upgraded my home, Mortgage Master was my first port of call, and their explanations and value-add was a breath of fresh air.
Kelvin