Small business owners deciding between business loans and property loans have plenty of pros and cons to consider. Business loans come with less risk in case of default than property loans, but this is offset by your business potentially facing higher interest rates. On the other hand, property loans come with higher risk but reduced […]
Banks and financial institutions usually offer plenty of options for borrowing money based on the value of a home. One of these options is a mortgage. It comes before ever having an interest in your home and helps you purchase the property. After borrowing a mortgage, that interest in the property becomes your equity, enabling […]
Although purchasing a property while running or managing your own business may seem daunting, it is possible with the help of a home mortgage plan. When you are self-employed or running your own business, securing a home mortgage loan in Singapore is usually a little more complicated compared to if you are employed by a company. Self-employed individuals and small business owners generally have more criteria to meet to qualify for a home mortgage loan – be it from HDB, a bank, or a money lender in Singapore.