Home Loan (New Purchase)

Different loans for different homes

Why you'll love it

  • Borrow up to 75% of the valuation
  • Complete range of pricing packages
  • Dedicated specialists and support

Eligibility

  • Singaporeans, Singapore PRs, and foreigners
  • For HDB purchase, you must meet HDB’s conditions

5 different home loan packages to suit your needs

OCBC 2Y Fixed Rate

Fixed Rate 2.58% for
year 1 & year 2, thereafter
mortgage board rate 2.50%

  • Protects you from rate fluctuations for the first 3 years
  • Pegged to OCBC mortgage board rate (bank managed rate) thereafter

OCBC 3Y Fixed Rate (HDB only)

Fixed Rate 2.50% for
year 1 to 3, thereafter
mortgage board rate 2.50%

  • Protects you from rate fluctuations for the first 3 years.
  • Pegged to OCBC mortgage board rate (bank managed rate) from Year 4.

OCBC mortgage board rates

2.35% for year 1,
2.40% for year 2,
2.40% for year 3,
thereafter 2.50%

  • Bank-managed rates and the bank can revise the values at anytime by giving you 30 days' notice.
  • In OCBC, mortgage board rates are defined for specific pricing packages. Should the mortgage board rate on your account be increased, you will have the flexibility to switch to another OCBC pricing package at no cost.
  • The current mortgage board rate pricing packages are availed with mortgage board rates at 1.55%.
  • You have the flexibility to prepay up to 50% of the loan amount within the lock-in period.
Read moreRead less

1-month SIBOR

1M SIBOR
+0.35% for year 1, +0.45% for year 2, +0.50% for year 3,
thereafter +0.60%

  • Rates are pegged to the 1-month SIBOR and reviewed every month. 
  • Payments can increase or decrease based on SIBOR rates.

3-month or 6-month
SIBOR

3M/6M SIBOR +0.30% for year 1, +0.40% for year 2, +0.50% for year 3,
thereafter +0.60%

  • Rates are pegged to the 3-month/6-month SIBOR and reviewed every 3 months or 6 months respectively. 
  • Payments can increase or decrease based on SIBOR rates.

Amount you can borrow

HDB
From S$200,000 to 75% of valuation.

Private property
From S$300,000 to 75% of valuation.

Calculate how much you can borrow
Check affordability and view homes

Home Loan Application Process

Contact an OCBC Mortgage Specialist or talk to our branch staff
Submit documents at a branch or to an OCBC Mortgage Specialist
Get loan approval
Sign Letter of Offer
  • Loan process for HDB Flat Purchase (Resale)
  • Loan process for Private Property Purchase (Resale)
  • Loan process for Private Property Purchase (Building Under Construction)

Overcome home buying fears with
OCBC OneAdvisor Home

All your home ownership needs on one digital platform. Home search, affordability advisory, renovation, home insurance, and more.

Find out more

You might also be interested in

Refinance your home loan with us

Choose a package that's more competitive than your current one.

Find out more

Looking to renovate as well?

Stretch your imagination and not your budget with the OCBC Renovation Loan.

Find out more

Secure your mortgage repayment

Group Mortgage Insurance takes care of your outstanding home loan should the unfortunate happen.

Find out more

How to apply?

Get us to call you by providing us
with your contact details

Have us contact you

Or call our hotline

6363 3333

Operating hours are from 9am to 5pm,
Mondays to Fridays
(excluding public holidays)