Singapore · Finance company (NBFI)
Singapura Finance bridging loan
Singapura Finance Ltd
Regulator: MAS (Finance Companies Act 1967)
Bridging-loan products from Singapura Finance
Singapura Finance offers 2 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.
Eligibility nuances at Singapura Finance
Specific factors to know about applying with Singapura Finance.
- · Regulated by MAS under the Finance Companies Act 1967 — a different licensing regime from full banks under the Banking Act 1970. MAS supervision continues to apply.
- · Finance company bridging facilities are often more flexible on borrower profile than the larger banks, particularly for self-employed applicants or non-standard income documentation.
- · Specific rates and fees are quoted per transaction. Some finance companies offer fixed-rate bridging facilities (rate locked at disbursement) as an alternative to bank prime / SORA-linked structures.
- · Credit Bureau Singapore report and standard income documentation typically required. Application timelines can be shorter than banks in some cases due to focused property-lending books.
Common questions about Singapura Finance bridging
How do I apply for a Singapura Finance bridging loan?
Apply through Singapura Finance 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 Singapura Finance offer on bridging facilities?
Singapura Finance 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 Singapura Finance 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 Singapura at application.
Related guides
Source & verification
All facts ingested from Singapura Finance's published bridging-loan page. Specific rates and fees are quoted on application and may differ from any general framework described above. Open Singapura Finance bridging page.
This page is informational only and does not constitute financial advice. For binding rates and eligibility, contact Singapura Finance directly or consult a MAS-licensed mortgage broker.