Citibank has the benefit of a beneficial lock-during the ages of 2 yrs for all mortgage brokers. In the lock-from inside the several months, you can not refinance your house financing to another financial or prepay the loan without incurring a punishment. It’s important to take into account the lock-when you look at the period before you apply for a home loan as you possibly can affect your own independency to alter to another financial or prepay their financing.
To summarize, the borrowed funds tenure and you can money are necessary you should make sure ahead of getting a mortgage of Citibank Singapore. Make use of the Citibank Mortgage Calculator to determine the loan tenure and you will month-to-month instalments, and make sure to consider the new lock-from inside the several months before you apply for a mortgage. Continue reading…