Property Loans
A mortgage loan is a type of loan that allows the borrower to purchase a house or property.
If you’re looking for a quick and simple way to buy your dream property in Singapore, then this is the right place.
We have various property loans that best suit your needs.
Differences in Property Mortgage Loans
VM Credit | |
---|---|
Property Types | Private residential and commercial properties |
Approval Process | Within 1 week |
Loan Disbursement | Within 1-2 weeks from approval |
How We Work
Step 1 Processing & Approval
- With all necessary documentation submitted, we will process your application, and you will hear from us within a few working days, depending on the complexity of the case.
Step 2Loan Disbursement
- We will send you a letter of offer.
- Upon acceptance, we will proceed with mortgage processing.
- Loans will be disbursed as fast as within a few working days from loan approval (for fully paid properties); and up to 4 weeks (for properties with existing bank loans and/or CPF usage due to the longer time it takes your existing financier to prepare the redemption documents).
Step 3Monthly Repayment
- Our no-frills approach allows you to choose between:
– Cash
– Cheque
– Interbank Transfer
– GIRO to make your monthly repayments