Property Mortgage Loans

Differences in Mortgage Loans

	Bank	VM Credit
Basis for loan approval	Income, credit score, credit history, etc	Real Estate
Minimum credit rating	BB	Not Critical
Documentation	Significant	Minimal
Property Types	Typically residential and commercial (depending on trades)	All except HDB and JTC properties
Loan Terms	Rigid	Flexible
Approval Process	A few days to a few weeks	Within 1 weeks
Loan Disbursement	2-3 months from approval	Within 1-2 weeks from approval

We provide equity-based lending against commercial and residential properties

Enjoy extended loan tenures as long as 15 years

We can structure complex loans with multiple collaterals

Fast and efficient response since our loans are privately funded. Ease of documentation requirements with minimal paperwork

High degree of transparency with lawyers handling all the necessary legal documentation

With all necessary documentation submitted, we will process your application, and you will hear from us within a few working days, depending on the complexity of the case.

We will send you a letter of offer.
Upon acceptance, we will proceed with mortgage processing.
Loans will be disbursed as fast as within a few working days from loan approval (for fully paid properties); and up to 4 weeks (for properties with existing bank loans and/or CPF usage due to the longer time it takes your existing financier to prepare the redemption documents).