Are you planning to buy a new residential or commercial property in Singapore that doesn’t make the grade for a mortgage from a bank? No savvy real estate buyer wants to invest in a possession or property which fails to satisfy the mortgage criteria of banks. But in a metropolitan city like Singapore, it has never been easy to get your loans sanctioned from a bank, unless you provide enough confirmation that you are entitled to the loan.
In such case, buyers usually have two choices –to put down that great opportunity or to contact a Licensed Money Lender Singapore. The option of lending cash or financial support from the qualified money lender Singapore is gradually becoming more and more popular for all good reasons and here we are to discuss those good reasons and benefits.
Regardless of what your requirements are, it is always a savvy choice to take a mortgage from a licensed money lender in a city like Singapore as this can get you several advantages. By lending your money from a legally authorized money lender, you can be ensured about a hassle-free and convenient foundation with nil financial and legal troubles. So let’s have a look at the various benefits that you can get by loaning money from licensed money lenders.
- Quick Access to Different Lending Schemes
The services and offerings of a licensed money lender have never restricted to a single kind of offering. They always have plentiful schemes for the borrowers, which means you can enjoy a more flexible, adaptable, and hassle-free lending services as per your requirements. Unlike austere and fixed-of-its-kind bank mortgage schemes of banks and other unapproved lending agents, a licensed moneylender can bring you striking and flexible solutions.
- No Persecution from Unlawful Money Lenders
Lending any kind of financial support or cash from a licensed money lender keeps freeing from the risks of harassment and annoying legal procedures and money issues. It not only helps you avoid the troubles that most unlicensed money lenders often give you but also assists you satisfying those plentiful and stringent money lending regulations and guidelines that are imposed by the government of Singapore.
- No Risks of High-Interest Rate of Mortgage Amount
Most of the illegitimate money lenders often ask borrowers to shell out the interest rates on their mortgage amount which is actually much higher than the government approved interest rate. But with a licensed money lender Singapore, you can be free from all such risks. Hiring an accredited money lender not only ensures your protection from exorbitant fees and but also set you free from paying high-interest rates as they run under government regulations and laws.
- Quick & Hassle-Free Paperwork
When you take the mortgage from the bank or even from an unlicensed money lender, it takes an excessively extended period to process your loan application which sometimes results in the loss of the property you want to purchase. But authorized money lenders ensure you a quick and hassle-free paperwork and help you procuring the property within a small time frame. Right from helping you to meet the lengthy checklist for loan approval to complete the legal formalities quickly, licensed lenders always ensure that all loan criteria are met accurately.
- No Risk of Personal Information & Data Leakage
Some lending agencies and agents only pretend to be accredited, but their actual aim is to extract your personal data and other crucial details for malevolent usage. But the licensed money lenders are accredited by the government of Singapore and work under the regulations and code of ethics, which always ensure that your information is being used for the right purpose. They always guarantee no risk to your personal data and information leakage.
EasyCredit: A Licensed Money Lending Agency for All Kind of Mortgage
Finding a truly licensed money lending agency in Singapore is pretty challenging. If you are searching for a real Licensed Money Lender Singapore, look no further than EasyCredit. EasyCredit is one of the topmost licensed money lenders in the city who offers services like personal loan, payday loan, advance cash and much more to fit your urgent financial requirements. With the complete assurance of lower interest rates, fast loan approval, and simple guiding principles, EasyCredit can be the right choice for you!