Specialised Mortgage for Pension Contributors
Access up to 25% of your Retirement Savings Account (RSA) balance and use it as an equity contribution for your home loan.
Found your dream home?
Let us help you buy it. Apply for a mortgage and see if you qualify
Some of the Benefits
Move in
Take ownership of your home while the repayment process starts
Easy and affordable
Take advantage of attractive interest rates and get support from our experts
Access to equity
Use up to 25% of your RSA balance as equity for your mortgage
Flexible repayment tenor
Get up to 20 years to repay your mortgage
What you get
- Expert support throughout your mortgage application journey
- Up to 20 years to repay your home loan if you are 60 years old at loan maturity or your retirement age is confirmed by your employer
- Immediate possession of your new home while repayment commences
- Up to 25% of your Retirement Savings Account (RSA) balance can be used towards the equity contribution requirement
- Optional property listings are available across all 36 states and the Federal Capital Territory (FCT), subject to the perfected title available
- The option of submitting a joint application with your spouse using up to 25% of both applicants’ RSA balances as equity
- Competitive interest rates
How to get it
Completed Home Loan Application Form or start your application online
Before applying, make sure that you’ve contributed to your Retirement Savings Account (RSA) for at least 60 months. Note that all applicants must meet the minimum requirements set out by the National Pension Commission (PENCOM)
You will also need:
- A valid offer of sale letter from the seller
- A copy of the property’s title document
- Evidence of the requisite equity contribution
- Fees for Property Search, Verification, Charting and Valuation checks
Additional requirements for salaried applicants:
- Letter of Introduction from your employer’s HR department
- A copy of your National ID, driver’s license or international passport
- Last 3 months’ pay slips
- Last 6 months’ salary account bank statements (for new customers only)
- For joint applications, a letter of consent from your spouse
- If you are applying for a specialised mortgage, an endorsed Retirement Savings Account (RSA) statement
Additional requirements for self-employed applicants or business owners:
- Company Profile
- Last 3 years’ audited financial reports
- Cashflow projections
- Completed CO2 (Return of Allotment of Shares) or CO7 (Particulars of Directors) form
- Certificate of Registration or Incorporation
- Company’s account statements for the most recent 12 months (for new customers only)
What it Costs
- Competitive interest rate on your mortgage
- Due diligence and closing costs
Required due diligence checks include:
- A search on the property’s title
- The verification of the property’s title
- The valuation of the property
- Charting
-
What you get
-
How to get it
-
What it Costs
- Expert support throughout your mortgage application journey
- Up to 20 years to repay your home loan if you are 60 years old at loan maturity or your retirement age is confirmed by your employer
- Immediate possession of your new home while repayment commences
- Up to 25% of your Retirement Savings Account (RSA) balance can be used towards the equity contribution requirement
- Optional property listings are available across all 36 states and the Federal Capital Territory (FCT), subject to the perfected title available
- The option of submitting a joint application with your spouse using up to 25% of both applicants’ RSA balances as equity
- Competitive interest rates
Completed Home Loan Application Form or start your application online
Before applying, make sure that you’ve contributed to your Retirement Savings Account (RSA) for at least 60 months. Note that all applicants must meet the minimum requirements set out by the National Pension Commission (PENCOM)
You will also need:
- A valid offer of sale letter from the seller
- A copy of the property’s title document
- Evidence of the requisite equity contribution
- Fees for Property Search, Verification, Charting and Valuation checks
Additional requirements for salaried applicants:
- Letter of Introduction from your employer’s HR department
- A copy of your National ID, driver’s license or international passport
- Last 3 months’ pay slips
- Last 6 months’ salary account bank statements (for new customers only)
- For joint applications, a letter of consent from your spouse
- If you are applying for a specialised mortgage, an endorsed Retirement Savings Account (RSA) statement
Additional requirements for self-employed applicants or business owners:
- Company Profile
- Last 3 years’ audited financial reports
- Cashflow projections
- Completed CO2 (Return of Allotment of Shares) or CO7 (Particulars of Directors) form
- Certificate of Registration or Incorporation
- Company’s account statements for the most recent 12 months (for new customers only)
- Competitive interest rate on your mortgage
- Due diligence and closing costs
Required due diligence checks include:
- A search on the property’s title
- The verification of the property’s title
- The valuation of the property
- Charting
Frequently Asked Questions for the Specialised Mortgage for Pension Contributors.
Frequently Asked Questions for the Specialised Mortgage for Pension Contributors.
We also offer
Vehicle and Asset Financing
Unsecured Loan
Our unsecured personal loan is a medium- to long-term loan, that gives you access to funds to meet your personal needs.