Apply for Your Home Loan in Singapore Today

There will always be a mortgage product that can meet your needs!

From young couples who are purchasing their first home, to property owners who want to refinance their property and even the refinancing of a property loan, these days there are products that will allow borrowers to:

  • Purchase property for a low, or almost no down payment
  • Construct a home
  • Cash-out loan from the equity of a property
  • Buy a commercial property with no upfront fees
  • Refinance a property to save money
  • Renovate a commercial space at very low cost

Choosing a home to purchase is undoubtedly one of the most important decisions in life, especially if it is your first home. In spite of the many horror stories about getting a home loan in Singapore, the truth is that, obtaining a mortgage loan should not be too difficult. At Capable Loans, we will help you to get the best possible deals.

As such, Capable Loans will always be dedicated to helping you find the best possible home loans with the most effective financial institution. Whether it is a commercial space for a new office set up, a retail space for your new shop or your first property, it is essential that you are made aware of all the available deals. What if you already have a home loan? Capable Loans can also help you to refinance your mortgage, or even to obtain a cash-out term loan based on the value of the property.

How To Prepare For a Home Loan Application?

The moment you have decided to get a home loan, you should always make the effort to compare all home loan rates and conditions, which is easy to do with websites like www.capable.loans. When it comes to home loans, we feel that all lenders should always provide all relevant information. The things that you should be looking at are the interest rates, the tenure of the loan, bank processing fees, the conditions of the loan, early repayment penalty and the property insurance. 

It is imperative that you gather all the information about the home loans in Singapore at one shot. The reason that it is important, is that mortgage interest rates can be very volatile and changes happen fast. Mortgage rates are very reactive to the volatility of bond prices and the mortgage-backed securities, which can basically be as fast moving as stocks. Even global economic news that we may not have knowledge of, can cause mortgage rates to rise and fall very rapidly, similar to the stock market. This effectively means that the rates you saw on Wednesday, may not be the same rates on Friday. Capable Loans is a place where you will be able to get all the updated news, ever changing interest rates and the best deals in Singapore.

Important things to know about property financing

How Much Can I Afford?

Before deciding on which property loan product to take up, it is imperative that you consider your monthly income, the down payment amount, and all existing monthly debt repayments into your calculations. Unless the numbers make sense, you will not be able to decide properly. The home loan amount should be a number that you are comfortable with paying back.

What Is My Credit Rating?

For all Singaporeans and Permanent Resident (PR) holders, you can check and keep track of your credit ratings by purchasing your latest credit bureau search report from the national credit bureau search portal. Knowing your credit bureau rating will help to accelerate the loan application process. In the event of unfavorable credit ratings, at least you will know what went wrong and can work towards fixing the issue at hand.

How Much Is the Down Payment Amount?

In Singapore, average down payment amounts are usually 20% of the property price. However, you should know that the down payments can also come from a bank loan, while a large chunk of it can also be paid via your CPF accounts.

How To Qualify For Home Loans, Mortgage Loans & Property Financing

Here we identify a few of the 3 common requirements that the banks focus on when it comes to a property loan:

Credit Score Rating

Basic checks are carried out on your background and credit history. Lenders basically want to know that you do not have a bad repayment record and that you do not have unreasonable amounts of outstanding debt. If you already happen to be servicing other debts, it can affect your total debt servicing ratio (TDSR), which means that the total amount you can borrow for home loans may be a little less.

Total Household Income

Due to the fact that a property loan in itself comes fully collateralized, lenders are able to take into account the overall income of a household these days, as opposed to stricter requirements that used to only take into account the income of the owner.

Personal Cash Savings

A highly sensitive but necessary criteria that lenders often overlook. An assessment is done on the personal cash savings of a property loan applicant to ensure that the committed monthly installments are of a comfortable amount, and that the borrower is not being financially over-stretched.

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99% Success Rate For Home Loans

If you are unable to qualify for business term loans, but happen to own property in Singapore, refinance your property to enhance your cash flow. Our loan specialists will be able to advice you on the best option to raise capital.

home loan singapore


Min. $100,000

borrow money quickly


Up to 20 years

Property financing Singapore


1.5%-3.5% per annum


For illustration purpose:

Director of ABC Pte. Ltd. has a private residential property with a valuation of  $1 million and its outstanding mortgage loan is $200,000.

He has the option to pledge his property, in return for a business working capital loan of up to 80% of the $1 million valuation. (i.e a working capital loan of $800,000)

Out of the $800,000 term loan, $200,000 will be used to redeem the outstanding mortgage loan and the remaining $600,000 will be disbursed as the working capital loan to ABC Pte. Ltd.

There will be 2 repayment options to service the $800,000 loan:
  1. Principal + Interest monthly payments (amortization) - fixed monthly installment with tenure of min. 1 year to a max. of 10 years.
  2. Interest servicing option - only service the interest portion monthly/advance upfront interest to be offset from the loan amount, thereafter a bullet repayment of the principal amount. Tenure of 1 year with the option to extend for an additional 1 year.

** Interest Servicing Only Option ** NEW

  • Interest Servicing Term Loan
  • Pay only interest throughout the entire contractual period, principal repayment would only be at the end of contract.

Flexible Option:

  1. monthly interest payment OR
  2. upfront interest payment for the entire year/contract period


  • Ease cash flow
  • No TDSR implications
  • Residential property pledged under company account will not be reflected in personal record


Having trouble with getting a home loan or property loan? Let us help you to ease those worries. With a myriad of home loans in Singapore available for a variety of property types, such as condominiums, landed houses, HDB flats, private apartments, or even commercial properties, getting a property loan be confusing. At Capable Loans, we are often able to overcome TDSR problems. We will help you to get that dream home or property.


If you already own a property and need some cash flow, you could consider a property refinance, a mortgage loan, or a cash-out on the property. Get cash flow with your property. Capable Loans will help to make the process hassle free. Even if you have TDSR problems, we can find ways to work around those problems. Let us guide you through the process of getting your home loan, commercial property loan, mortgage loan, or housing loan in Singapore. Make your enquiry with us today. Come and apply for a property loan with us.