Our Services

– Property Loan Advisory
– Business Loan Advisory

GET A LOAN ELIGIBILITY CHECK

Please contact us to get the most accurate assessment. Below are only the basic guides for loan eligibility.
For first home loan you are eligible up to 80% financing, 2nd housing loan at 50% (30% if loan tenure is more than 30 years or loan past age 65). 3rd housing loan at 40%, (20% if loan tenure is more than 30 years).
Total Debt Servicing Ratio (TDSR) is at 60% of borrower’s gross income. Banks will take into consideration the borrower’s other outstanding debt obligations when assessing the loan application. This is applicable to Private property, HDB and Commercial Property that bought under individuals, sole proprietorships or any investment company that is set up to purchase the property.

Mortgage Service Ratio (MSR) is applicable to HDB and Executive Condominium (purchased direct from developer). Buyers are eligible on up to 30% of the their gross monthly income to repay their home loans.

COST MANAGEMENT

MyKOMPARE is an established mortgage advisory that assists investors and homeowners in sourcing for the best financing optioncatered for their needs. We partner with major local and international financial institutions and deal with the banks on your behalf.
Choosing the right housing loan package can save you thousands of dollars every year, if not more. At MyKOMPARE, you enjoy convenience, ‘best-in-market’ housing loan rates, as well as professional advice at zero cost.
Obtaining a mortgage on your property is not a one-time affair. MyKOMPARE constantly keeps a lookout for better financing terms available on the market and actively recalibrates your mortgage using our in-house mortgage portfolio management system to ensure that you incur the least interest cost ALL THE TIME!