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Hi Angela,

Going directly to the bank allows you to get an indicative amount quickly subject to all necessary documents (income, credit profile) submitted. Going through mortgage planners, they will understand your requirements first and share with you the pros & cons with taking up certain packages to match your requirements. They are independent parties, usually non-affiliated with the banks. It is not compulsory to get a mortgage planner, you can just contact the bank directly. Sometimes agents also compare the packages for the clients as part of a value-added service.

I'm currently assisting a client with comparing the latest bank packages as well, may I understand what kind of property (completed/pre-TOP) are you looking at? Perhaps I can share more with you. Thanks and how should I get in touch?

Warm Regards,
Ivan Ng
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Hi Angela,

From consumer perspective, it is usually more beneficial to know all the rates and do a comparison between the banks packages before making a decision, however, to go through this process personally can be very tedious, therefore working with a mortgage planner will cut off this cumbersome process and you get to know the different rates and packages across. At the end of the day, your commitments are still the same.

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Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
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