Top 5 Mortgage Brokers in Singapore: 2025 Rankings

Process of Choosing a Reputable Mortgage Broker

A proficient mortgage broker is not merely a facilitator but a trusted advisor, a knowledgeable ally who can make the difference between a smooth, successful home buying experience and a stressful, uncertain one.

Experience and Expertise

When entrusting someone with the pivotal task of securing your housing loan, experience matters profoundly. Seasoned mortgage brokers bring to the table a wealth of industry knowledge and insights, earned through years of navigating the ever-evolving mortgage landscape. Their expertise extends beyond understanding home loan rates, loan types and loan terms; it encompasses an intimate knowledge of the intricacies of the real estate market in Singapore.

An experienced broker is not just a facilitator but a problem solver. They have encountered a myriad of situations and know how to tailor solutions to address unique borrower circumstances. They anticipate challenges and have the expertise to navigate them, ensuring a smoother, more efficient mortgage loan approval process.

Reputation and Reviews

The reputation of a mortgage broker is an invaluable indicator of their professionalism and reliability. Before making your decision, invest time in researching the broker’s standing within the industry and among previous clients. Online reviews and testimonials offer an authentic glimpse into the broker’s track record, shedding light on the experiences of others who have embarked on the same journey.

Positive reviews not only speak to a mortgage consultant’s competence but also their commitment to client satisfaction. They highlight a track record of successfully securing property loans and ensuring a seamless homebuying experience. Conversely, negative reviews or a lack of reviews can serve as red flags. It’s essential to gauge the sentiment of past clients to make an informed choice about who you entrust with your home loan.

Broker-Lender Relationships

The strength of a mortgage broker’s relationships with lending institutions can significantly impact your borrowing experience. Established brokers often have well-nurtured connections with a wide network of lenders, including banks in Singapore, credit unions, and private lenders. These relationships can be leveraged to your advantage, opening doors to a broader range of loan options.

Having access to multiple lenders allows brokers to cast a wide net when searching for the ideal loan to suit your needs. They can tailor loan solutions that align with your financial goals, whether you’re seeking a fixed-rate mortgage, an adjustable-rate mortgage, or a unique hybrid mortgage rate option. The ability to shop the lending market ensures that borrowers are presented with a diverse array of choices, increasing the likelihood of securing a home loan that perfectly fits their requirements.

Transparency in Fees and Commissions

Transparency is a cornerstone of a trustworthy mortgage broker-client relationship. As you evaluate potential mortgage brokers, it’s essential to gain a clear understanding of their fee structure and commissions. Reputable brokers are forthright about how they are compensated for their broker services, ensuring that you are fully aware of the financial aspects of your partnership.

Transparent brokers provide a breakdown of all fees associated with their services. These fees typically include origination fees, processing fees, and any other charges incurred during the home loan application process. Additionally, they are open about any commissions they receive from lenders. While commissions are a common source of compensation for brokers, it’s imperative that these payments do not compromise their objectivity.

Understanding the financial aspects of your relationship with a mortgage broker helps you make an informed decision. It allows you to assess whether the costs associated with their services align with your budget and expectations.

Licensing and Credentials

The financial nature of home loans necessitates a high degree of professionalism and adherence to industry standards. To ensure that you are working with a qualified and reputable mortgage broker, it’s imperative to verify their licensing and credentials.

Licensed mortgage brokers have undergone rigorous training and testing to attain their credentials. These licenses are a testament to their competence and commitment to ethical practices. It’s crucial to confirm that your chosen broker holds the necessary licenses and adheres to the regulatory requirements of Singapore’s financial industry.

Additionally, reputable brokers often belong to professional organizations and associations related to mortgage brokerage. Membership in these organizations signifies a commitment to ongoing education and ethical conduct. When evaluating potential brokers, inquire about their credentials, licenses, and any affiliations with industry associations.

Key Signs of an Unreliable Mortgage Broker

Securing the right mortgage is crucial for your long-term financial wellbeing. While many mortgage brokers provide excellent service, it’s important to identify those who might not have your best interests in mind. Here are the critical warning signs to watch for when choosing a mortgage broker:

Limited Financial Understanding 

A professional mortgage broker should thoroughly assess your financial needs and explain how different loan packages align with your long-term goals. They must detail various features like lock-in periods, penalty waivers, and interest matching accounts that could significantly impact your mortgage journey.

Insufficient Economic Knowledge 

Quality brokers explain how economic cycles affect your loan terms, particularly regarding interest rate fluctuations after lock-in periods. They should provide clear examples of how rate changes impact your monthly payments and overall loan costs.

Short-Term Focus 

Reliable mortgage brokers maintain long-term relationships with clients, offering guidance through various life changes and refinancing opportunities. Be wary of those who rush to close deals without considering your future needs.

Limited Banking Relationships 

High-volume mortgage advisory firms typically secure preferential rates and better resources compared to independent brokers. Choose brokers with strong banking connections for optimal loan terms.

Inadequate Policy Knowledge 

Professional brokers should understand varying bank policies, including Total Debt Servicing Ratio (TDSR) and Mortgage Servicing Ratio (MSR) calculations across different financial institutions.

Lack of Online Presence 

Reputable mortgage brokers maintain strong online profiles with recent client reviews and testimonials on platforms like Facebook and Google, indicating consistent service quality.

Voucher-Based Marketing 

Be cautious of brokers who heavily promote shopping vouchers or other incentives. According to MAS guidelines, such practices may influence customers to choose unsuitable financial products.

Our Top 5 Picks for the Most Reputable Mortgage Brokers

After careful screening, we have shortlisted the top 5 mortgage brokers in Singapore that are renowned for their experience, transparency, and ability to offer the best home loan packages. These brokers are distinguished by providing competitive interest rates, tailor-made financing plans, and an easy mortgage application process. Whether you are a first-time home buyer or refinancing your home, these experts give you the guidance you require to make the right decision. Our top picks are as follows: 

1. PropertyGuru Finance

As a leading property marketplace in Singapore, PropertyGuru Finance extends its expertise to home loans, assisting house buyers in comparing mortgage interest rates across a range of banks. Their site gives direct rate comparison, refinancing calculators, and professional mortgage experts who assist homeowners in choosing loans and submitting applications. 

Having close relationships with major banks, PropertyGuru Finance guarantees access to special interest rates on loans and tailored finance solutions for addressing different financial needs. Their online-first strategy streamlines the mortgage process, allowing borrowers to apply easily for the best mortgage rates without the inconvenience of customary applications.

2. ROSHI

ROSHI is an AI-powered mortgage brokerage that leverages data-driven insights and advanced financial modeling to help borrowers find the best home loan solutions. Our proprietary algorithm compares hundreds of mortgage products, ensuring clients get the most competitive interest rates and favorable repayment terms. 

ROSHI’s personalized financial advisory services help homebuyers navigate complex mortgage decisions, including fixed-rate, floating-rate, and refinancing options. Our fintech-driven approach makes us a preferred choice for tech-savvy borrowers looking for fast, efficient and tailored mortgage solutions.

3. Mortgage Master

Mortgage Master is committed to helping homebuyers and homeowners secure the best mortgage rates in Singapore. Its team of professional mortgage experts undertakes one-on-one consultations to guide borrowers through the choice of the appropriate loan, enabling them to save up to a maximum amount on interest payments. 

Mortgage Master has sound relationships with banks and financial institutions and therefore gives insider knowledge to mortgage transactions and refinancing deals. They are especially famous for helping first-time homebuyers by demystifying complicated financial jargon into plain, practical information, rendering the home loan process less daunting.

4. RedBrick Mortgage Advisory

With a strong reputation in the mortgage advisory space, RedBrick Mortgage Advisory has helped over 50,000 homeowners manage the process of securing favorable home loan terms. Their experienced mortgage consultants will take a holistic approach to financial planning, considering factors like loan tenure, repayment capacity, and future financial goals, among others, before recommending mortgage solutions. 

RedBrick works with more than 16 banks and financial institutions to compare a wide range of home loan products for clients. They also offer full refinancing strategies to ensure the owners continue to reap the most competitive rates available in the market.

5. Finance Guru

Finance Guru is known for its extensive lender network, which includes both traditional banks and private financial institutions. This allows borrowers to access a broad range of mortgage solutions tailored to their financial situations. Their mortgage brokers offer personalized consultations, helping clients understand various loan structures, including fixed-rate and floating-rate mortgages, bridging loans, and refinancing packages. Finance Guru simplifies the loan application process by handling all the paperwork and negotiations, ensuring borrowers get the best possible mortgage deals with minimal hassle.

Today’s Mortgage Rates

The following tables offer a comprehensive look at today’s mortgage landscape, featuring competitive rates from established banks. From fixed-rate mortgages to floating options, these figures represent current rates in the market.