Mortgage loan - refinancing

[dgeralds]

Hi all

I'm looking to refinance my private property mortgage loan. Please PM me if you have contacts who can run through various bank loan packages. Thank you.

 

[tangent314]

Just do a search for 'mortgage loan refinancing' on facebook, then refresh facebook, and see all the loan refinancing firms advertisement appear near the top of your feeds.

 

[starfish.starfish]

You can own self do some research first.
Easy to see all packages available from multi banks.

https://www.gobear.com/sg

 

[Raytwj]

Hi all

I'm looking to refinance my private property mortgage loan. Please PM me if you have contacts who can run through various bank loan packages. Thank you.

Are you still looking to refinance your private property? Might be able to help.

 

[happy_bear]

Looking at refinancing inview of the soaring rates.

Understand that there are fixed rate with eir around 2.5% for two year. Given this increasing sibor trend, is it advisable to go for that than floating rate with eir of 2.1%?

Another option im thinking to go for is pay off the lump sum by cpf which i have sufficient funds.

Which is the best option given my circumstance? For your advice

 

[BBCWatcher]

Looking at refinancing inview of the soaring rates.

My, we have lots of jumpy borrowers at 2.X%!

Understand that there are fixed rate with eir around 2.5% for two year.

It looks like as low as 2.35% two year fixed on a refinanced mortgage, SIBOR pegged.

Another option im thinking to go for is pay off the lump sum by cpf which i have sufficient funds.

Your Ordinary Account is earning 2.5% isn’t it? Why would you ever take 2.5% earning dollars to accelerate repayment on a mortgage if the mortgage still has a lower interest rate? Help me out here — when would that ever make sense?

 

[happy_bear]

My, we have lots of jumpy borrowers at 2.X%!


It looks like as low as 2.35% two year fixed on a refinanced mortgage, SIBOR pegged.


Your Ordinary Account is earning 2.5% isn’t it? Why would you ever take 2.5% earning dollars to accelerate repayment on a mortgage if the mortgage still has a lower interest rate? Help me out here — when would that ever make sense?

Do u mean there are fixed rate bank loans at 2.35%? Are those for estates that havent reach TOP ? Mine is beyond TOP.

 

[BBCWatcher]

Do u mean there are fixed rate bank loans at 2.35%? Are those for estates that havent reach TOP ? Mine is beyond TOP.

It certainly appears so when I conducted an online search. That’s the 2 year fixed rate one lender is offering. The lowest 3 year fixed rate is a bit higher, so maybe that’s what you’re searching for/seeing.