What identification must I provide?

How much can I borrow?

How much deposit will I need?

What type of Valuation Reports are available and how much do they cost?

What costs are involved with taking out a DBS mortgage?

Will I need a Guarantor?

How is interest charged?

How can I reduce my mortgage?

What should I do if I am experiencing financial difficulties?

What should I do if I have a complaint?

Can I borrow further money once my mortgage has completed?

How can I make my repayments?

Will I need a Guarantor?

In some cases we are not able to proceed with your mortgage application unless you arrange for another person to guarantee your loan. This means that if you are unable to pay your mortgage payments we can ask the person who has provided a guarantee.

Before we take a guarantee from someone, we encourage them to take independent legal advice so that they understand their obligations. We will also tell them they could become liable to pay your loan in the event that you lapse on your monthly mortgage repayments.

We will inform the guarantor that their liability will remain until the borrowers income becomes sufficient to service the loan or, alternatively, the loan is reduced to a level sufficient to meet lending requirements in respect of income.

The maximum we can lend if you need a guarantor is 75% of the purchase price or valuation, whichever is lower.