• SIF Housing Loan

    Home Loan BYTES FROM OUR KITCHEN

    Your home can be the place where you will conceive your dreams and then work towards turning them into reality. It is the place where you can come back from after a hard day of work and then relax with your family and friends. Buying a house in today’s world is not an easy task as all kinds of houses are very expensive these days and you may not have access to the required finances to purchase a house of your own. In such a scenario, you can always apply for a housing loan and then get the required finances to purchase the house that you desire. SIF housing loans can help you to easily get the money required for your real estate purchase and will also offer you with other beneficial features.


    You’re probably eligible for an SIF Home Loan if you are

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    SIF Home Loan Minimum Age

    No Info

     SIF Home Loan Maximum Age

    No Info

    SIF Home Loan Eligible Employment Type

    Salaried / Self-employed with regular income

    SIF Home Loan Minimum Income

    $50,000 per annum for foreigners


    Your SIF Home Loan amount eligibility is based on these factors

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    SIF Home Loan Minimum Salary

    No Info

    SIF Home Loan Maximum Loan to property value

    No Info

    SIF Home Loan EMI

    EMIs of other loans lower your eligibility


    Increase your eligible SIF Home Loan amount by these steps

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    SIF Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant, and her income will add to your eligibility

    SIF Home Loan Maximum Tenure

    Choose longer tenure loan up to 25 years

    SIF Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an SIF Home Loan

    • 1. Copy of NRIC (both sides)
    • 2. Copy of your Passport
    • 3. Income Tax Assessment for the last 2 years
    • 4. CPF Statement
    • 5.Purchase and Sale Agreement or Option to Purchase Agreement

    SIF Home Loan DetailsUpdated on 21 Aug 2017

    SIF Home Loan Details
    Max Loan Tenure 5 years
    Monthly EMI 80% of the net purchase price or valuation

    Overview of SIF

    Sing Investments & Finance Limited (SIF) is a prominent financial institution in Singapore that has been active in the Lion City for more than 4 decades. SIF offers a wide range of financial products and services that are very beneficial to the people living in the island. These products and services are available not just for individual customers but also for corporations and businesses. SIF has four branches spread across Singapore and these branches are able to provide the customers with excellent quality of service as they employ highly experienced and trained professionals and are also powered by the latest technologies in the world of banking and finance.

    Why choose SIF Housing Loans?

    If you want to take advantage of a hassle free application process and also get access to a range of benefits such as higher loan amounts, minimum documentation and so on you should apply for a housing loan with Sing Investments & Finance Limited. The applications are processed within no time and on approval, the loan amount will be credited directly to your bank account. You will also get the advantage of choosing from a variety of housing loans offered by the company. Besides, you will benefit from the excellent quality of service that they will provide you with.

    Types of SIF Housing Loans

    SIF offers an array of housing loans to cater to needs of all kinds of customers in the island. The different types of housing loans offered by SIF are as listed below.

    1. Housing Loan – It is a home loan product that has been designed to help people in getting the money that they need to become homeowners by purchasing the private property of their choice. It comes with variable interest rates and you will get the option of choosing different home loan packages with variable rates.
    2. Commercial Property Loan – Do you want to start your own business? Are you planning to purchase a shop or office space or factory? SIF Commercial Property Loan can offer you with the required financial assistance needed to purchase a commercial property of your own so that you can become an independent business owner.
    3. HDB Home Loan – If you need financial assistance to purchase an HDB flat of your choice in Singapore, you can certainly opt for an HDB Home Loan from Sing Investments & Finance Limited. You will benefit from attractive interest rates and a higher loan amount, apart from tons of other beneficial features when you apply for an HDB home loan with this financial institution.
    4. Land and Construction Loan – Housing loans from SIF will not only help you to purchase a ready to occupy house but will also assist you to purchase a piece of land and then construct a house on that land based on your preferences and requirements. You can get in touch with SIF mortgage experts if you need assistance while applying for a Land and Construction Loan with this financial institution.
    • You can benefit from attractive interest rates and also from the fact that you can enjoy a variety of variable rate packages on the borrowed amount.
    • As the interest rates and other fees and charges are comparatively low, your cost will of borrowing will also be low and you can save a lot of money in the process.
    • The loan amount offered can be as high as 80 percent of the market value or purchase price of the property (whichever is lower), with an HDB Home Loan.
    • All the home loans offered by SIF come with flexible tenures and the tenure can be as high as 35 years, thus offering you with a lot of time to repay the loan amount.
    • You will only need to submit a few documents to apply for a housing loan with SIF and the application process is very simple as well.

    SIF Housing Loan Interest Rates

    Variable Interest Rate Packages
    First Year 1.68 percent per annum ([email protected]_0115 - 0.82 percent)
    Second Year 1.88 percent per annum ([email protected]_0115 - 0.62 percent)
    Third Year 2.50 percent per annum ([email protected]_0115)
    Thereafter 3.50 percent per annum ([email protected]_0115 + 1.00 percent)

    Prevailing rates:

    • Current [email protected]_0115 is 2.50 percent per annum
    • Current SIF's prime lending rate is 5.35 percent per annum
    • Current SIF Base Rate (SIFBR_1108) is 2.1416 percent per annum
    Variable Interest Rate Packages - Lock-in for 2 Years
    First Year 1.88 percent per annum ([email protected]_0115 - 1.12 percent)
    Second Year 2.00 percent per annum ([email protected]_0115 - 1.00 percent)
    Third Year 2.75 percent per annum ([email protected]_0115 - 0.25 percent)
    Thereafter 4.00 percent per annum ([email protected]_0115 + 1.00 percent)

    Prevailing rates:

    • Current [email protected]_0115 is 3.00 percent per annum
    • Current SIF's prime lending rate is 5.35 percent per annum
    • Current SIF Base Rate (SIFBR_1108) is 2.1416 percent per annum
    Variable Interest Rate Packages
    First Year 1.68 percent per annum (SIFHR_0115 – 0.82 percent)
    Second Year 1.88 percent per annum (SIFHR_0115 – 0.62 percent)
    Third Year 2.50 percent per annum (SIFHR_0115)
    Thereafter 3.50 percent per annum (SIFHR_0115 + 1.00 percent)

    Prevailing rates:

    • Current SIFHR_0115 is 2.50 percent per annum
    • Current SIF's prime lending rate is 5.35 percent per annum
    • Current SIF Base Rate (SIFBR_1108) is 2.1416 percent per annum

    The interest rates provided above can be changed by SIF at any time, at the sole discretion of the company. Please get in touch with Sing Investments & Finance Limited to know about the interest rates offered with Land and Construction Loans.

    In order to apply for a home loan with SIF, you will need to submit the following documents along with an application form:

    • Copy of NRIC (both sides)
    • Copy of your Passport
    • Income Tax Assessment for the last 2 years
    • CPF Statement
    • Purchase and Sale Agreement or Option to Purchase Agreement

    Apart from the above SIF might ask you to submit other documents as well to process your home loan application.

    Sing Investments & Finance Limited offers the following banking and financial products and services, apart from housing loans:

    • Car Loans
    • Block Discounting Facility
    • Machinery Financing
    • Share Loan
    • Shipping Loan
    • Fixed Deposit
    • Savings Account
    • Local Enterprise Finance Scheme (LEFS)
    • Invoice Factoring or Account Receivables
    • Conveyancing Account
    • Safe Deposit Box

    Frequently Asked Questions (FAQs)

    With an SIF HDB Home Loan, you can avail up to 80 percent of the market value or purchase price of the property (whichever is lower) as a loan amount.
    In order to apply for a Sing Investments & Finance Limited Housing Loan, you will first need to download the application form from their website. After that, you will need to fax a duly filled copy of the form along with the required documents. Once the company receives your documents, your loan application will be processed within a few days.
    The prevailing prime lending rate offered by SIF is 5.35 percent per annum. The rate can be changed by SIF any time without giving any prior notice.
    With a Commercial Property Loan from SIF, you can avail a maximum loan repayment period of 20 years.
    Yes, you will be allowed to utilize your CPF balance to pay for the instalments of your HDB Home Loan from SIF.
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