Purchasing your first home is easily one of the most transformative financial decisions in your life. However, it is also one of the most precarious choices you can make due to the extreme impact it can make on your financial future – be it good or bad. Apart from having a super steep cost of living, Singapore also happens to be one of the most expensive real estate markets in Asia. This is why it is critical for Singaporeans to exercise their financial savvy to the maximum and ensure they don’t get suckered in for a bad property deal, especially when it comes to getting the ideal mortgage.
While there are a bevy of real estate finance experts that you can pick from to sort out your new home’s mortgage deal, it ultimately comes down to choosing between a direct lender or a mortgage broker. Although mortgage brokers and direct ......