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    OCBC Construction Loan

    The Oversea - Chinese Banking Corporation, commonly referred to as OCBC is one of the largest banking corporations in the world. It was established in the year 1919. It is also one of the leading banks in Singapore where the headquarters are situated. The assets of Oversea - Chinese Banking Corporation Limited are worth more than Singapore itself. OCBC has strong presence in 15 countries and territories in the world. The retail subsidiaries of the bank are situated in China, Malaysia, Indonesia, and Hong Kong. Other OCBC bank branches are located in China, Japan, Hong Kong, United States of America, Australia, and the United Kingdom. The various banking services offered by OCBC are strategically operated under separate independent brands - Great Eastern for Insurance, Lion Global Investors for Asset management and OCBC Securities for Brokerage. OCBC offers its customers myriad products and services that include credit and debit cards, deposits, insurance, investments, loans and many more.

    Why Choose OCBC Bank?

    OCBC bank is one of the largest banks in the world. Therefore, they are obligated to provide their customers with the best possible financial solutions for their financial needs and requirements. The bank has achieved such an esteemed position by providing tailored, customized and innovate banking products and financial services to their vast customer base. No matter what product you apply for, they ensure that their eligibility criteria has not been created in such a way that the majority cannot apply for their services, they believe in catering to the classes as well as the masses. The offers and promotions provided by the bank have proven to be lucrative and extremely beneficial to their customers making the bank a popular choice for application of any financial solutions.

    OCBC Construction Loan

    OCBC offers the perfect financial solution to build your dream home using the OCBC Construction Loan.

    Features and Benefits of the OCBC Construction Loan

    • OCBC offers financing of up to 80% of the cost of construction.
    • OCBC offers competitive and attractive interest rate packages.
    • Upon the completion of the construction of your dream home, you can convert your OCBC Construction Loan into an attractive home loan package.
    • You use the OCBC Construction Loan to build your dream home on vacant land or even redevelop an already existing landed property.

    Eligibility Criteria for the OCBC Construction Loan

    • Singapore Citizens (SCs), Singapore Permanent Residents (PRs) and Foreigners are eligible to apply for the OCBC Construction Loan. However, note that Foreigners are eligible for this loan only if the property has been approved by Land Dealings.
    • The applicant must be at least 21 years old and above in order to be eligible to apply for this loan.

    Applying for the OCBC Construction Loan

    You can contact the OCBC bank specialists over the telephone to find out more details regarding the OCBC Construction Loan and apply for it. Through the phone conversation, you can consult the mortgage specialists on any and all doubts you may have and get absolutely free advice on the loan with no promises or obligations.

    Explore the Construction Loans Offered By Other Banks:

    Explore the Other Loans Offered By OCBC:

    Frequently Asked Questions

    1. What is the maximum financing offered under the OCBC Construction Loan?
    2. OCBC offers financing of up to 80% of the cost of construction when you apply for the OCBC Construction Loan.

    3. On what land or property is the OCBC Construction Loan applicable?
    4. You can apply for the OCBC Construction Loan to build your dream home on a vacant land or even redevelop an already existing landed property.

    5. What will happen to my OCBC Construction Loan when the construction of my house is completed?
    6. Upon construction of your dream home, you can convert your OCBC Construction Loan into an attractive home loan package.

    7. Are foreigners eligible to apply for the OCBC Construction Loan?
    8. Yes. Foreigners are eligible to apply for the OCBC Construction Loan, however, their eligibility is conditional. Only when the property has been approved by Land Dealings, foreigners are eligible to apply for the OCBC Construction Loan.

    9. Is there an age criterion to apply for the OCBC Construction Loan?
    10. Yes. The applicant must at least be 21 years of age or above in order to be eligible to apply for the OCBC Construction Loan.

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