Personal finance website partners OCBC to offer home loan with a rate of 1.63%

Personal finance portal MoneySmart.sg will offer a home loan with OCBC for a limited period.
Personal finance portal MoneySmart.sg will offer a home loan with OCBC for a limited period. ST PHOTO: RUDY WONG

SINGAPORE -Personal finance portal MoneySmart.sg will offer an OCBC Bank home loan for a limited period.

From Feb 15, it will offer at fixed deposit-linked interest rate package, at a 36-month fixed deposit mortgage rate of 1.63 per cent, for the first three years on a loan of $500,000 and above. Owners and buyers of completed or resale private properties can apply or refinance through the website.

This offer will run only on MoneySmart.sg for 15 days.

Refinancing applicants will enjoy a $2,000 cash rebate on approval, which will help defray legal expenses. Consumers can make queries and apply for the loan through MoneySmart.sg without additional administrative fees as well.

rachaelb@sph.com.sg