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HSBC Home Loans

Get your home loan from a bank that rewards its customers.

Like many other banks in Singapore, HSBC provides a variable-rate as well as a fixed-rate home loan for its customers. The differentiating factor of HSBC is that by being a HSBC Premier or Advance customer, you get to enjoy preferential rates for home loans.

HSBC’s lowest rate for…

  • variable-rate loan starts from as low as SIBOR + 0.25%
  • fixed-rate loan starts from 1.8% p.a.

Compare HSBC home loans

Compare the home loans offered by HSBC in the table below. Hit “load more” to see a fuller selection of home loans.

Fixed-rate loan

Year 1Year 2Year 3ThereafterConditions
2-year fixed-rate1.8% p.a.1.8% p.a.SIBOR + 0.75%SIBOR + 0.75%Minimum loan of $200,000
3-year fixed rate1.85% p.a.1.85% p.a.1.85% p.a.SIBOR + 0.75%Minimum loan of $200,000

Variable-rate loan

Year 1Year 2Year 3ThereafterConditions
SIBOR*-pegged packageSIBOR + 0.25%SIBOR + 0.25%SIBOR + 0.35%SIBOR + 0.75%Minimum loan of $800,000
TMDR**-pegged packageTDMR24+0.98% = 2.38% p.a.TDMR24+1.08% = 2.48% p.a.TDMR24+1.18% = 2.58% p.a.TDMR24+1.38% = 2.78% p.a.Minimum loan of $200,000

*SIBOR refers to the 1-month or 3-month Singapore Interbank Offered Rate for Singapore Dollar fixed at 11 a.m Singapore time by the Association of Banks in Singapore (ABS) on the first business day of the calendar month. Currently, the 1-month SIBOR rate as of 31st January 2020 is at 1.68%.

**TDMR24 is based on the Bank’s prevailing 24 months Personal Banking Singapore Dollar Time Deposit rate for amounts from S$5,000 to S$49,999 or such other sum as may be determined by the Bank. As at the time of publishing, the current TDMR24 is 1.40% per annum.

SIBOR-pegged SmartMortgage

Year 1 to 3Thereafter
HSBC AdvanceSIBOR + 0.85%SIBOR + 1% p.a.
HSBC PremierSIBOR + 0.80%SIBOR + 1% p.a.

HSBC lender profile

HSBC is one of the world’s largest financial services organisations, serving more than 40 million customers through four global businesses – retail banking and wealth management, commercial banking, global banking and markets, and global private banking.

In Singapore, HSBC offers home loans, personal loans, credit cards, savings accounts, insurance products and other banking products and services. It also provides special banking privileges to HSBC Premier and Advance customers.

How can I apply for HSBC Premier or Advance relationship?

To apply for HSBC Premier, you would need to fulfil at least one of the following criteria:

  • You can place a minimum of S$200,000 (or equivalent in foreign currency) in your Total Relationship Balance
  • You credit a monthly salary of at least S$15,000
  • You have a Singapore property loan of at least S$800,000 or an Australian property loan of at least A$200,000

If you’re an HSBC Premier customer in another country, you will be eligible to join Premier in Singapore.

To qualify for HSBC Advance, you need to be at least 18 years old. The monthly service charge of S$10 will be waived if you fulfil any of the following eligibility criteria:

  • Total Relationship Balance of at least S$30,000 in deposits, investments and/or insurance, with 6 months’ grace period to place in your funds
  • Salary crediting or recurring deposit of at least S$3,500 per month and have applied for / hold a HSBC Credit card
  • Recurring deposit of at least S$2,500 per month, with 24 months grace period from Advance relationship opening to reach Total Relationship Balance of at least S$30,000
  • Home loan with an initial loan quantum of at least S$200,000

HSBC home loan features

HSBC has multiple home loans for investors and owner-occupiers, with fixed and variable rates.

Deposit sizeYou can borrow up to 75% with some HSBC mortgages.
Offset accountThe HSBC SmartMortgage account lets you earn interest on your current account to offset the interest payable on your home loan. Paying less interest means you can get to save more and pay off your home loan in a shorter time.
Mortgage specialistsHSBC offers mortgage specialists to help you complete the mortgage application process. The lender also has online chat support.
Overseas property financingIf you are looking to buy an Australian property or is looking to refinance your existing Australian home loan, HSBC offers an international mortgage solution as well.

How do I apply for a HSBC home loan

You can learn more about a specific HSBC home loan by clicking through to that product’s review page. Clicking “Go to site” on the HSBC comparison table will take you through to the lender’s website.


Each HSBC product has specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a home loan with HSBC, you are required to provide certain information so make sure you have all your documents ready before you apply. The documents typically required for a home loan application are:

  • Identification documents. You will need identification such as your NRIC or passport.
  • Proof of income documents. Recent 3-month payslips, as well as your latest Income Tax Notice of Assessment or 12 months CPF contributions.
  • Asset and liability documents. You need to provide documents showing your current assets (e.g. savings accounts, investments) and liabilities (e.g. any outstanding debt).
  • Property information. Option-to-purchase, sales and purchase documents, as well as property valuation report.
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