Season 1 · Episode 13

S1E13: Money Hacks EP 13: Top loan misconceptions for first-time home buyers; understanding mortgages better

BT Money Hacks · The Business Times

June 25, 201810m 49s

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Show Notes

Money Hacks

Episode 13

Duration: 10:49 mins

Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial investment scene.

Can first-time HDB home buyers take a bank loan? What are the differences between opting for a bank loan or a HDB loan?

What about couples in their late 40s or 50s thinking of buying a second property for investment options? What are the considerations to factor in? What are the trends for such couples in Singapore?

Ms Tok Geok Peng, head of secured lending for DBS Bank, answers our questions and lists the top three misconceptions when it comes to mortgages.

Produced by: Ernest Luis & Christopher Lim

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