HSBC Singapore provides its customers with a complete range of financial services, from personal to corporate, investment and private banking, insurance, trustee services and securities and capital market facilities. HSBC Singapore has nine branches. One of the renowned awards achieved by HSBC is being named Number 1 by The Brand Finance.
HSBC provides quite a comprehensive suite of home loan packages, including new HDB home loans, property refinancing and home equity loans.
Fees and Charges
If you are looking for a new HDB home loan, you will pay SIBOR+1.25% p.a. for the first 3 years, which is 0.35% higher. HSBC HDB home loan plans are also quite flexible, allowing you to choose between having lock-in or no lock-in period and whether you would prefer a 1-month SIBOR or 3-month SIBOR rate.
HSBC also has a HDB home loan called the SmartMortgage which links your HDB home loan account with a current account. This means that you are able to reduce the interest payments on your HDB home loan by offsetting interest earned on your current account.
The key advantage of this type of loan is that the more you save on your current account, the more interest offset you can get for your home loan, translating to paying off your loan in a shorter period of time. This gives you maximum control over your finances and what’s more, you get to choose whether you want a lock-in period, helping you to plan ahead.
HSBC Bank ATMs: Transfer funds from your HSBC Bank Savings or Current accounts to make your payment at HSBC Bank branches.
Express Payment machine: Make a check or cash deposit at HSBC Bank branches.
Phone Banking: Issue instructions to have your bank account deducted to pay for your HDB home loan with your T-PIN.
Browse our full line-up of HDB mortgage loan Singapore listed on our website and choose which is the right one for you.Utilise iMoney’s home loan calculator to estimate your monthly repayments. If you are interested in taking out a HSBC HDB home loan, Click the apply button and fill in a simple application form and you will be attended by experienced mortgage consultants