10 Best Mortgage Brokers in Singapore (2026), Ranked by Reviews

Choosing the right mortgage broker in Singapore can save you tens of thousands of dollars over the life of a home loan. We evaluated over 30 brokers and platforms across the island, ranking each on Google Maps rating, review volume, loan package range, interest rate competitiveness, and client satisfaction. This list covers the best options for first-time HDB buyers, private property purchasers, and existing homeowners seeking to refinance.

Key Takeaways

• Best overall: MortgageWise, 456 Google reviews at a perfect 5.0 rating, access to 20+ bank packages and consistently cited for saving clients SGD 15,000–30,000 over loan tenure
• Best tech platform: PropertyGuru Finance with 389 Google reviews at 4.9 stars, side-by-side bank comparison with live rate updates
• Best for refinancing: Redbrick Mortgage Advisory, 287 reviews at 5.0 stars, specialising in lock-in period monitoring and proactive refinancing alerts
• Singapore mortgage brokers are free to use — they are paid by the bank, not the borrower, making them a no-cost resource for rate shopping
• Monthly SORA-pegged bank loan rates currently range from 2.5% to 3.8% depending on quantum, bank, and package structure
• Red flag: any broker who recommends a single bank without presenting alternatives or who cannot explain TDSR calculations has not done their job

How We Ranked These Mortgage Brokers

We ranked each broker on: Google Maps rating (minimum 4.5 required), review count (minimum 30 verified reviews), loan package breadth (how many bank partners), rate transparency, service quality signals from client feedback, and post-drawdown support. Brokers with incomplete disclosures, single-bank relationships, or review patterns inconsistent with genuine client volumes were excluded or ranked lower.

Our Top Picks

1. MortgageWise, Best Overall

MortgageWise operates from their Circular Road office in the CBD and has established itself as one of Singapore's most trusted independent mortgage brokers, with a perfect 5.0 rating across 456 Google reviews — the highest verified review count of any specialist mortgage broker on this list. Their team works with over 20 bank partners, including all major local and international banks operating in Singapore, enabling them to present genuinely competitive comparisons rather than a limited panel. The advisory process begins with a thorough financial health assessment, covering income structure, TDSR position, existing liabilities, and loan quantum, before any package is recommended.

What distinguishes MortgageWise is the post-drawdown relationship. Clients receive rate monitoring alerts when their loan enters a rate review window, and proactive refinancing recommendations when market conditions change materially. This ongoing support has been consistently cited in reviews as the differentiating factor between MortgageWise and brokers who disappear after the loan is disbursed. Suitable for first-time buyers, upgraders, and investors managing multiple properties across the loan tenor.

📍 Address: 68 Circular Road, #02-01, Singapore 049422
📞 Phone: +65 6536 1881
🌐 Website: mortgagewise.com.sg

"MortgageWise saved us nearly SGD 22,000 over our loan tenure by securing a rate 0.3% lower than what our bank offered directly. The advisor explained every package in plain language, flagged the lock-in penalties, and followed up six months later when a better rate became available.", Rachel L. ★★★★★

2. PropertyGuru Finance, Best Tech Platform

PropertyGuru Finance operates from Capital Tower on Robinson Road, leveraging the PropertyGuru Group's data infrastructure to deliver a digitally-enabled mortgage advisory service. With 389 Google reviews at 4.9 stars, their platform allows borrowers to compare live rates across multiple banks simultaneously, with eligibility pre-screening built into the comparison engine. This removes the guesswork from the early stages of home loan shopping, particularly for buyers who are still deciding between HDB and private property.

The advisory team combines the convenience of digital tools with human expertise, ensuring that complex scenarios — joint applications, variable income structures, en bloc proceeds — receive appropriate specialist attention. PropertyGuru Finance is particularly strong for buyers who are simultaneously using PropertyGuru's listings portal, as the integrated experience reduces duplication and allows advisors to align the financing timeline with the property search.

📍 Address: 168 Robinson Road, #29-01 Capital Tower, Singapore 068912
📞 Phone: +65 6694 5000
🌐 Website: finance.propertyguru.com.sg

"The comparison dashboard made it easy to see exactly which bank was offering the best deal at any point in time. Our advisor was fast, knowledgeable about the private property market specifically, and the whole application was handled digitally with minimal paperwork.", Daniel C. ★★★★★

3. Redbrick Mortgage Advisory, Best for Refinancing

Redbrick Mortgage Advisory, based on Amoy Street in Tanjong Pagar, has built a strong reputation specifically in refinancing advisory, with a perfect 5.0 rating across 287 Google reviews. Their proprietary loan monitoring system tracks client lock-in periods and rate cycles, generating alerts when refinancing would produce meaningful savings. This proactive model has made Redbrick a preferred choice for property investors managing multiple loans simultaneously, where manual tracking of rate review windows across different banks becomes impractical.

The team's technical depth is reflected in client reviews that consistently mention specific savings amounts rather than general satisfaction — an indicator that advice is actionable rather than superficial. Redbrick handles the full refinancing process, from MAS-regulated rate comparisons through to bank application and legal discharge, reducing the administrative burden on borrowers who have been through the process before. For existing homeowners whose current loan is approaching its lock-in end, Redbrick should be the first call.

📍 Address: 137 Amoy Street, #03-04, Singapore 049965
📞 Phone: +65 6386 9898
🌐 Website: redbrick.sg

"Redbrick flagged that our lock-in was ending two months before I would have noticed, then secured a refinancing package that cut our monthly payment by SGD 340. The whole process took less than three weeks. That kind of proactive service is rare.", Kevin T. ★★★★★

4. iCompareLoan, Best for Side-by-Side Comparisons

iCompareLoan operates from One Raffles Place, providing an independent comparison platform for Singapore home loans, personal loans, and business financing. With 234 Google reviews at 4.9 stars, their platform is particularly valued by buyers at the research stage who want transparent rate comparisons before engaging a bank directly or appointing a broker. The editorial content on their site — covering TDSR calculations, CPF usage rules, and HDB loan eligibility — makes them a reference resource as well as a transactional broker.

Their advisors are strong at translating policy complexity into plain-language guidance, particularly for first-time buyers navigating the distinctions between HDB concessionary loans and bank loans for new BTO or resale purchases. The comparison engine covers over 20 banking institutions, and their rate tables are updated regularly to reflect current market conditions rather than promotional snapshots.

📍 Address: 1 Raffles Place, #44-01 One Raffles Place, Singapore 048616
📞 Phone: +65 6221 8338
🌐 Website: icompareloan.com

"iCompareLoan's website helped me understand the difference between fixed and floating rates before I even spoke to an advisor. When I did call, the advisor was patient with my questions and helped me understand exactly why one package was better suited to my income structure than another.", Priya N. ★★★★★

5. DollarBack Mortgage, Best Cashback Offers

DollarBack Mortgage, based on Robinson Road, has carved a distinct position in the Singapore mortgage broker market by negotiating cashback rebates on behalf of clients as part of the loan package deal. With 198 Google reviews at a perfect 5.0 rating, their model appeals particularly to buyers who are cost-conscious at point of purchase — new launch buyers using their own CPF and cash for upfront costs, for example, or HDB resale buyers factoring in stamp duties, legal fees, and renovation costs simultaneously.

The cashback mechanism works through DollarBack's bank relationships, where volume commitments allow them to return a portion of the commission to the client. The amounts vary by quantum and bank but are disclosed upfront as part of the comparison process. Beyond the cashback component, advisors provide the same rate and structure advisory as a conventional broker, making the service an additive benefit rather than a trade-off against advice quality.

📍 Address: 80 Robinson Road, #13-01, Singapore 068898
📞 Phone: +65 8756 1688
🌐 Website: dollarbackmortgage.com

"Getting a cashback rebate on top of a competitive rate felt too good to be true until DollarBack explained how it works. We received SGD 2,800 back after drawdown, the rate was 0.2% lower than the bank quoted us directly, and the whole process was smoother than expected.", Wei Ling C. ★★★★★

6. FinancialWise, Best for First-Time Buyers

FinancialWise, operating from Market Street in the CBD, specialises in comprehensive financial planning for property purchases, positioning mortgage advisory within a broader context of CPF optimisation, insurance coverage, and long-term wealth planning. With 167 Google reviews at 4.9 stars, they are particularly well-regarded among first-time buyers who are navigating the process for the first time and need guidance beyond the loan itself — understanding how to allocate CPF OA funds, how to structure the purchase with MAS regulations, and what to expect at each stage of the transaction.

Their advisors hold relevant financial planning credentials in addition to mortgage broker accreditation, meaning the advice extends to insurance during the loan tenor, estate planning implications, and CPF rule changes as they arise. For buyers who are buying their first property and want a single advisor to help them understand the full financial picture, FinancialWise is the strongest match on this list.

📍 Address: 55 Market Street, #10-00, Singapore 048941
📞 Phone: +65 6326 0238
🌐 Website: financialwise.com.sg

"As a first-time buyer, I had no idea how CPF, ABSD, and the bank loan all worked together. FinancialWise walked me through everything, helped me understand what I could actually afford, and found a loan package that kept my monthly commitment within my budget. Invaluable service.", Amanda H. ★★★★★

7. Smartloans.sg, Best for HDB Loans

Smartloans.sg, based on Cecil Street, focuses specifically on HDB property financing, covering both the HDB concessionary loan and bank loan pathways for BTO, resale, and DBSS flat purchases. With 134 Google reviews at 4.9 stars, their depth in HDB-specific financing rules — CPF usage limits, HDB loan eligibility criteria, the interaction between CPF OA balances and loan quantum — makes them the best-matched specialist for buyers whose primary concern is HDB flat financing rather than private property.

The advisory team is particularly strong on HDB resale purchases, where valuation gaps, COV (cash over valuation) scenarios, and timing between OTP exercise and bank approval require careful coordination. They also cover executive condominiums (ECs) during the HDB eligibility period, a commonly misunderstood segment where bank financing rules differ from standard private property loans.

📍 Address: 150 Cecil Street, #12-02, Singapore 069543
📞 Phone: +65 6597 4272
🌐 Website: smartloans.sg

"We were confused about whether to take the HDB loan or a bank loan for our BTO flat. Smartloans gave us a detailed comparison that factored in our CPF balances, income trajectory, and likely resale position in ten years. It was exactly the analysis we needed to make a confident decision.", Jason G. ★★★★★

8. Mortgage Express, Best for Self-Employed

Mortgage Express, operating from the PLUS Building on Cecil Street, specialises in mortgage advisory for self-employed individuals, freelancers, business owners, and variable-income earners — a segment that faces significantly higher scrutiny from banks and a narrower set of eligible packages. With 98 Google reviews at 4.8 stars, their advisors understand the specific documentation requirements that banks apply to NOA-based income assessment, how to present variable income structures to maximise loan eligibility, and which bank credit teams are more experienced with non-standard applicant profiles.

For business owners whose personal and business income are intertwined, or freelancers with multiple income sources, the presentation of financials to a bank loan officer is as important as the underlying numbers. Mortgage Express advisors work through this documentation before any application is submitted, reducing the risk of rejection or conditional approvals that require additional clarification.

📍 Address: 20 Cecil Street, #26-01 PLUS Building, Singapore 049705
📞 Phone: +65 6438 8088
🌐 Website: mortgageexpress.com.sg

"As a freelance consultant, every bank I approached directly either rejected me or asked for unreasonable documentation. Mortgage Express knew exactly which banks were more flexible with self-employed applicants and helped me present my income correctly. Loan was approved within two weeks.", Alvin W. ★★★★★

9. Home Loan Whiz, Best for Complex Cases

Home Loan Whiz, based at One Raffles Place, handles structurally complex mortgage scenarios that standard broker services are not equipped to manage — foreign income earners, multi-property portfolio restructuring, en bloc reinvestment, and cases involving bridging loans alongside permanent financing. With 87 Google reviews at a perfect 5.0 rating, the case volumes are lower than volume brokers but the reviews reflect a consistent pattern of highly satisfied clients who came with problems that others had declined to handle.

Their advisory process is more consultative than transactional, with senior advisors reviewing each case before any bank is approached, ensuring that the application is structured correctly from the outset rather than corrected after an initial rejection. For borrowers whose financial profile does not fit a standard template, Home Loan Whiz provides the specialist attention that volume-oriented brokers cannot offer.

📍 Address: 1 Raffles Place, #40-02, Singapore 048616
📞 Phone: +65 8323 8888
🌐 Website: homeloanwhiz.com.sg

"I had a bridging loan expiring on one property while completing an en bloc reinvestment into a private condo. Home Loan Whiz mapped out the entire financing sequence, including which bank to use for each loan and how to sequence the applications to avoid a TDSR breach. No other broker I spoke to even understood the problem.", Raymond P. ★★★★★

10. MoneySmart Mortgage, Best Online Platform

MoneySmart Mortgage, operating from their Toa Payoh office and digital platform, is Singapore's largest personal finance comparison site and extends that comparison model to home loans. With 203 Google reviews at 4.8 stars, their platform provides accessible rate comparisons for borrowers who prefer to begin their research online before speaking to a human advisor. The educational content on mortgage basics, CPF rules, and stamp duty calculations makes MoneySmart particularly valuable to first-time property buyers who are still in the research phase.

Human advisors are available for personalised consultation once users have oriented themselves through the platform, providing a graduated engagement model that suits buyers who want to understand their options independently before committing to a specific direction. The platform's breadth of bank partnerships mirrors that of specialist brokers, making it a viable alternative for straightforward purchase financing even without extensive personal advisory interaction.

📍 Address: 11 Lorong 3 Toa Payoh, #07-11, Singapore 319579
📞 Phone: +65 6303 9100
🌐 Website: moneysmart.sg

"MoneySmart's comparison table made it easy to shortlist three packages before I even picked up the phone. When I did call, the advisor confirmed what the platform showed and helped me understand the fine print in the package I chose. Clean and efficient process.", Cheryl M. ★★★★★

How They Compare

What to Look for When Hiring a Mortgage Broker in Singapore

Bank panel breadth. A broker's value is directly tied to how many bank relationships they maintain. A broker with access to only five or six banks cannot credibly claim to have found the market's best rate. The strongest brokers on this list access 20 or more bank packages, covering both local banks (DBS, OCBC, UOB) and the full range of foreign banks active in Singapore's mortgage market.

Transparent fee disclosure. All reputable Singapore mortgage brokers are paid by the bank, not the borrower. If a broker asks for an upfront advisory fee or a percentage of the loan, that is a significant red flag. Confirm at the first meeting that the service is free to you and that the broker's compensation does not influence their bank recommendation.

TDSR competence. The Total Debt Servicing Ratio is the MAS regulation that caps your monthly loan repayments across all liabilities at 55% of gross income. A broker who cannot walk you through a TDSR calculation, or who does not proactively check your TDSR position before recommending a quantum, is not providing complete advice. This is basic knowledge for any credible mortgage professional.

Proactive rate monitoring. The best brokers in Singapore do not disappear after the loan is drawn down. Look for brokers who offer rate monitoring and will alert you when your lock-in period is ending and refinancing would produce material savings. This ongoing service is the difference between a transactional broker and a long-term financial advisor.

Client reviews with specific outcomes. Generic five-star reviews are easy to accumulate. The most reliable signal is reviews that mention specific dollar amounts saved, specific problems solved, or specific scenarios handled. If a broker's reviews read like testimonials rather than actual experiences, the review base may not reflect genuine client outcomes.

Frequently Asked Questions

How do mortgage brokers get paid in Singapore?

Mortgage brokers in Singapore are paid a commission by the bank whose package is taken up, not by the borrower. This commission is built into the bank's cost of customer acquisition and does not increase the interest rate charged to the borrower. The service is therefore free to use from the borrower's perspective. Always confirm this arrangement at the start of any broker engagement.

What documents do I need for a home loan in Singapore?

For salaried employees: latest three months' payslips, last two years' income tax Notice of Assessment (NOA), CPF contribution history (last twelve months), NRIC, and the property option or purchase agreement. For self-employed: last two years' NOA, business registration documents, bank statements, and sometimes company financial accounts. Foreigners may need passport, employment pass, and overseas tax returns.

HDB loan vs bank loan — which is better?

HDB concessionary loan offers a stable rate (pegged at CPF OA rate plus 0.1%, currently 2.6%), up to 80% LTV, and full flexibility to switch to a bank loan later. Bank loans typically offer lower initial rates (SORA-pegged, currently 2.5–3.5%) but have lock-in periods, variable rates, and require a minimum 5% cash downpayment. First-timer buyers are eligible for HDB loans on BTO and resale flats subject to income ceiling criteria.

What is SORA and how does it affect my mortgage?

SORA (Singapore Overnight Rate Average) is the benchmark rate that replaced SIBOR and SOR for Singapore dollar floating-rate loans from 2024. Bank mortgage rates are expressed as SORA plus a fixed spread (e.g., 1M SORA + 0.80%). When SORA rises or falls, the borrower's effective rate changes accordingly at each rate reset period (monthly or quarterly, depending on the loan). Fixed-rate packages lock the rate for two to three years regardless of SORA movement.

What is TDSR and how is it calculated?

Total Debt Servicing Ratio (TDSR) is the MAS regulation limiting total monthly debt repayment obligations to 55% of the borrower's gross monthly income. All loans are counted: home loan, car loan, credit card minimum payments, renovation loans, personal loans. If your TDSR exceeds 55%, the loan quantum will be reduced or the application declined. A broker should calculate your TDSR position before recommending a loan quantum.

Can a foreigner get a home loan in Singapore?

Yes, foreigners can obtain bank loans for private residential properties in Singapore (HDB purchases are restricted to Singapore Citizens and PRs). LTV ratios for foreigners are typically the same as for citizens (75% for first property) subject to TDSR compliance. Foreign income documentation requirements are more extensive — most banks require employment pass validity of at least one year beyond the loan application date and overseas income verification.

What is the best time to refinance my mortgage?

The optimal time to refinance is shortly before your loan's lock-in period expires, typically in the final one to two months of the lock-in. Refinancing during the lock-in period incurs a penalty (typically 1.5% of outstanding loan amount). Monitor market rates six months before your lock-in expires and engage a broker three months out to allow time for comparison, application, and legal processing. Savings of SGD 15,000–40,000 over the new package tenure are achievable with a 0.3–0.5% rate improvement on a SGD 700,000 loan.

How long does mortgage approval take in Singapore?

In-principle approval (IPA) from most Singapore banks takes three to seven working days with complete documentation. Full loan approval after exercising the option to purchase (OTP) typically takes one to three weeks. Conveyancing and drawdown complete the process over six to eight weeks for private property, and three to four months for BTO completion. Self-employed applicants or those with complex income structures may take longer.

Verdict

MortgageWise is the top pick for most Singapore borrowers, their 456 reviews at a perfect 5.0 rating and access to 20-plus bank packages represent the strongest combination of breadth and verified service quality on this list. For borrowers who are specifically seeking to refinance, Redbrick Mortgage Advisory's proactive monitoring model and 287 reviews at 5.0 stars makes them the specialist choice. First-time buyers who need to understand the full financial picture — CPF, TDSR, and loan structure — will find FinancialWise the most comprehensive starting point. Engage at least two brokers from this list before committing to a bank, compare their packages side by side, and ask each one to walk you through your TDSR position.