How it works
A mortgage adviser sits between you and the banks. Here is exactly what that means at Beacon.
What we do
We compare home loan packages from 16 banks in Singapore, including the deviated rates banks quote to advisers but do not publish. We check your eligibility under MAS rules before any paperwork, so you are never told a headline rate doesn’t apply to you after gathering documents. Then we submit to the banks you choose, chase the letters of offer, and coordinate with your law firm to disbursement.
How we are paid
Banks pay Beacon a referral fee when a loan is disbursed, typically a small percentage of the loan amount. You pay nothing, and our recommendation does not change with the fee: if your existing bank’s repricing offer is the best option, we say so. Read the full disclosure.
What we track for you
Every loan we arrange, and any loan you tell us about, goes on our calendar. Four months before your lock-in or fixed period ends, you receive a comparison of what every bank is offering that week, so repricing or refinancing happens at the right time.
What we won’t do
- Advertise a rate you can’t get. Every figure on this site is dated and comes from current bank rate sheets.
- Charge you a fee, or ask for a deposit.
- Share your documents or data with anyone other than the banks you choose to apply to.
- Push a refinance that doesn’t save you money after legal fees and penalties.
Who we are
Beacon Mortgage Advisory is an independent Singapore mortgage advisory. Our advisers have spent years in financial planning before mortgages, which is why we start from your whole picture, not just the rate. Mortgage advisory is not a licensed activity in Singapore; we hold ourselves to clear, documented advice regardless.