Available Home Loan Packages as of November 2024
3-Month SORA
Floating interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: 3M SORA + 0.50%
Year 2: 3M SORA + 0.50%
Year 3: 3M SORA + 0.60%
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-Month SORA
Floating interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: 3M SORA + 0.50%
Year 2: 3M SORA + 0.50%
Year 3: 3M SORA + 0.75%
Thereafter: 3M SORA + 1.00%
- One free conversion anytime after one year
- Up to 50% partial repayment is allowed during lock-in
- 50% waiver of penalty due to sale and refund another 50% if return with new loan of equal/greater amount within 6 months
- 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
3-Month SORA (Citigold)
Floating interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: 3M SORA + 0.55%
Year 2: 3M SORA + 0.55%
Year 3: 3M SORA + 0.65%
Thereafter: 3M SORA + 1.00%
- 50% interest offset account
- Pegged to 3M SORA with monthly refresh
Legal subsidy for refinancing only
- 0.40% of loan amount, capped at $2,500
3-Month SORA
Floating interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: 3M SORA + 0.60%
Year 2: 3M SORA + 0.60%
Year 3: 3M SORA + 0.75%
Thereafter: 3M SORA + 1.00%
- One free conversion after 12 months for HDB
- One free conversion after lock in for Private
- Up to 20% partial repayment per year during lock in
- 50% waiver due to sales and refund another 50% if client takes the same or higher loan amount within 6 months
Cash rebate for refinancing only
Private loan amount above 1.0M - $2,500
Private loan amount above 450K - $2,000
HDB loan amount above 300K - $2,000
