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About SMP
True to its vision, SMP sustains its competitive edge by offering complete, unbiased, and independent guidance to provide unparalleled service to our wide range of clients. We are committed to finding the right mortgage with the best interests, terms, and costs to meet the unique needs of each and every client. We understand that our solid reputation is achieved by keeping your best interests at heart.
What is a Mortgage Broker?
A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or companies that owns residential or commercial properties. They usually work with dozens of lenders, not as employees, but as freelance agents. As different banks and lenders have very different home loan acceptance criteria and coupled with increasingly unique profile and needs of different loan applicants, the idea of engaging a one-stop service provider like a mortgage broker becomes even more popular.
Difference between a Bank Housing Loan Specialist and a Mortgage Broker
Traditionally, banks and other lending institutions have sold their own products. However as markets for mortgages have become more competitive, the role of the mortgage broker has become more popular. In addition, as different banks and lenders have very different loan acceptance criteria and coupled with increasingly unique profile and needs of different loan applicants, the idea of engaging a one-stop service provider like a mortgage broker becomes even more attractive.
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Advantages of engaging a Mortgage Broker
- Home loan Specialist advise
- To assist you to arrive on the most appropriate decision for your home loan
- An experienced Singapore Mortgage Broker will be able to help you find the best mortgage solutions for the most difficult case
- Free consultation on your housing loan
- A one stop service of all the banks’ wide range of housing loan packages
- A good mortgage broker can also help you to monitor your home loan and the remind you to revisit your housing loan to determine if there are better housing loan options in the market from time to time
