Singapore · GMG bridging loan
GMG bridging loan in Singapore
GMG operates as a hybrid broker-lender in the Singapore property-financing market. For some bridging facilities GMG acts as principal lender; for others it acts as broker routing inquiries to MAS-regulated bank facilities. Confirm whether GMG is acting as principal or intermediary on any specific transaction before signing.
What GMG offers
GMG provides bridging facilities for 3 product types:
HDB bridging loan
Bridges the cash-flow gap between buying a new HDB flat and receiving sale proceeds from your existing HDB. Available to HDB upgraders, downgraders and lateral movers. Sale proceeds of the existing flat secure the loan.
HDB bridging loan guidePrivate property bridging loan
Bridges the timing gap when transitioning from one private property to another, or from HDB to private. Secured against sale proceeds of the outgoing property.
Private property bridging loan guideEC deferred bridging loan
For Executive Condominium (EC) buyers who can keep their existing HDB during the EC construction period under the Deferred Payment Scheme (DPS), then need to bridge the cash-flow gap between EC handover and HDB sale. A specialised use-case.
EC deferred bridging loan guideStandard bridging-loan mechanics at GMG
Most major SG bank bridging facilities follow the same general shape:
- Tenure: 6 months from disbursement (industry standard)
- Security: Net sale proceeds of your outgoing property
- Pricing model: Pegged to bank prime / board rate or SORA — quoted on application
- Eligibility: OTP signed on new property, firm sale arrangement on existing property, standard credit underwriting
- Bundling: Most commonly offered alongside the onward mortgage from the same bank
For full pricing context, see the bridging-loan interest rate guide. For the complete bridging-loan framework, see the Singapore bridging-loan guide.
How to compare GMG against other lenders
GMG is one of 12 MAS-regulated SG bridging-loan lenders. To compare GMG's offering against other banks and finance companies:
- See the rate comparison table grouped by product type
- Browse all lenders for source-cited bridging-loan pages
- Use the free shortlist tool to receive parallel quotes from MAS-regulated mortgage brokers
Frequently asked questions
Is GMG a bank?
No — GMG operates as a hybrid broker-lender. On some facilities GMG is the principal lender; on others GMG acts as broker routing inquiries to MAS-regulated banks. Always confirm GMG's specific role on your transaction in writing.
How do I know if GMG is lending directly or brokering?
Ask GMG to disclose, in writing, on each facility offer: whether GMG is acting as principal lender or as broker; if broker, which underlying lender(s) the facility routes to; what GMG's referral / commission arrangement is with the underlying lender. Transparency on intermediary role is important in property-financing transactions.
What is the GMG bridging-loan interest rate?
GMG bridging-loan rates are quoted on application. Banks typically price bridging facilities against their prime / board rate or against SORA, with the specific spread depending on the transaction. GMG does not publish a fixed bridging-loan rate. See the bridging-loan interest rate guide for the full pricing-model context.
What is the typical tenure on a GMG bridging loan?
6 months is the industry-standard tenure across virtually all MAS-regulated SG lenders. Some lenders allow extension at materially higher rates if your existing-property sale completes late.
How do I apply for a GMG bridging loan?
Apply through a GMG mortgage adviser, directly via GMG's online channels (if available), or via a MAS-regulated mortgage broker who can compare GMG against other lenders in parallel.
Source & verification
All facts ingested from GMG's published bridging-loan page. Specific rates and fees are quoted on application and may differ from any general framework. This page is informational only and does not constitute financial advice. For binding rates, contact GMG directly or use the free shortlist tool.