Presently many foreigners along with the citizens of Singapore are buying their personal property in Singapore. The easy availability of housing loan Singapore, flexible policies and good support of financing Singapore is some of the reasons that attract the foreigners to buy their personal residence in Singapore. A foreigner can get up to70-80% leverage from bank and in some cases the rate is even higher. There are many consultancy farms which guarantee the clients a good savings of money in the matters of mortgage loans Singapore or business loans Singapore. They offer quite lucrative deals like saving up to 55-60% in their interest rate. These companies make a good deal of research about the requirement and budget of the clients and then recommend solutions. As these kind of organizations are associated with some international names like HSBC, Citibank as well as other reputed names like State Bank of India, Bank of China, Singapura Finance, RHB, Bank of East Asia, Hong Leong Finance, ETHOZ, Tokyo Leasing, IFS Capital and more they can provide the clients with best financial deals.

These consultants are also aware of the various risk factors associated with taking loan from the bank and financial house they carefully sort out the best possible and safest deal for the clients in accordance to the financial condition of the market. Financing Singapore has become easier presently due to the transparent rules and conditions of the country. In fact loan refinancing Singapore policy is also available if the client has some financial problems after taking up the loan and refinancing can be more effective in the declining market. Residential properties include houses, condominiums, HDB flats etc. In case of mortgage loan Singapore for residential properties the mortgage is secured under individual names. Commercial property includes office, malls, shops, hotels etc. The creditworthiness in this sector can be more complicated than the residential property. Before getting the loan many things are assessed like financial statement of the client of the last 2 years, the record of the notice of assessment of the directors of the respective company, the cash flow of the company, company's bank statement of last 6 months, records of other debts, past record about paying the installments and so on. The client may be a sole applicator or a business partner or a private company. But the process is smooth and it does not take to face much problem to get business loans Singapore if consulted with an effective farm.

There are many categories of business or commercial loans like business micro loans, business term loans, overdraft, project financing, mortgage loans, invoice financing, machinery financing etc. A package offering low interest rate may not be useful always as other factors like mechanism of interest rate, flexibility, repayment facilities have important part to play. All these factors must be studied properly before zeroing the loan package in the housing loan Singapore or business loans Singapore. Other types of housing loan Singapore include bridging loan, innovation loan, equity loan etc.