Singapore · Broker-lender hybrid
GMG bridging loan
GMG Singapore Pte Ltd
Regulator: Operates as broker via licensed partners; verify scope before transacting
Bridging-loan products from GMG
GMG offers 3 bridging-loan product types in Singapore. Each links to a full product-type guide with eligibility, fees and key risks.
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.
Typical tenure
Up to 6 months from disbursement (most lenders); occasionally extendable
Max principal
Up to the equivalent of net sale proceeds from existing flat (after settling outstanding mortgage + CPF top-ups)
Pricing model
Pegged to the lender's prime / board rate OR SORA-linked. Specific rate varies by lender and is quoted on application — confirm directly with the lender.
Private 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.
Typical tenure
Up to 6 months (industry standard); occasionally extendable
Max principal
Up to the equivalent of net sale proceeds from outgoing property
Pricing model
Pegged to the lender's prime / board rate OR SORA-linked. Specific rate varies by lender — confirm directly with the lender.
EC 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.
Typical tenure
Up to 6 months from EC handover (most lenders)
Max principal
Up to net sale proceeds from existing HDB
Pricing model
Same pricing logic as HDB bridging — pegged to lender's prime / SORA. Confirm directly.
Eligibility nuances at GMG
Specific factors to know about applying with GMG.
- · Operates as both direct lender (on some facilities) and broker (routing to MAS-regulated lender facilities on others). The principal vs intermediary role can vary by transaction.
- · Before signing any facility offer, confirm in writing whether the entity is acting as principal lender or as broker. If broker, identify the underlying MAS-regulated lender(s) and the commission framework.
- · Transparency on intermediary role is important — broker-lender hybrids can be useful for borrowers needing parallel quotes but require careful documentation of the principal-vs-broker role per transaction.
Common questions about GMG bridging
How do I apply for a GMG bridging loan?
Apply through GMG directly (via mortgage adviser or online channels where available), or via a MAS-regulated mortgage broker who can submit the application alongside any onward home-loan or refinancing application. Application reference numbers and adviser contact are issued at submission; maintain weekly check-ins through the underwriting period.
What rate does GMG offer on bridging facilities?
GMG prices bridging facilities on application. Banks typically reference prime / board rate or SORA + spread; finance companies often quote fixed per-transaction. Specific rate depends on transaction details and whether bundled with the onward mortgage. Request a written all-in-cost quote before signing the facility letter.
How long does GMG take to approve a bridging-loan application?
Typical bridging-loan underwriting takes 1-3 weeks at most MAS-regulated lenders, assuming complete documentation. Faster turnaround possible for existing customers with established credit history; slower for complex profiles or non-standard income documentation. Discuss expected timing with GMG at application.
Related guides
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 described above. Open GMG bridging page.
This page is informational only and does not constitute financial advice. For binding rates and eligibility, contact GMG directly or consult a MAS-licensed mortgage broker.