Standard Chartered Bank Mortgage Update

MortgageOne or Mortgage One Low Start
50k ~150k : 1st yr - BLR - 1.7%, Thereafter: BLR - 1.6%
150k ~ 500k : 1st yr -  BLR - 2.3%, Thereafter: BLR - 2.2%
> 500k : 1st yrs: BLR - 2.35%, Thereafter: BLR - 2.25%
Standard Term Loan
50k ~150k : 1st yr - BLR - 1.7%, Thereafter: BLR - 1.6%
150k ~ 500k : 1st yr -  BLR - 2.3%, Thereafter: BLR - 2.2%
> 500k : 1st yrs: BLR - 2.35%, Thereafter: BLR - 2.25%
MortgageKLIBOR

50k ~150k : 1st yr - K + 1.62%, Thereafter: K + 1.72%

150k ~ 500k : 1st yr -  K + 1,02%, Thereafter: K + 1.12%
> 500k : 1st yrs: K + 0.97%, Thereafter: K + 1.07%

Saadiq JustHome - i

50k ~150k : 1st yrs - Fixed 4.6%, Thereafter: BFR - 1.6% or max 9.99%
150k ~ 500k : 1st yrs -  Fixed 4.0%, Thereafter: BFR - 2.2% or max 9.99%

> 500k : 1st yrs: 1st yrs - Fixed 3.95%, Thereafter: BFR - 2.25% or max 9.99%

Note:
1. Rate specified above is subjected to the taking up of Credit Card or MRTA. 
2. Better rate will only be granted to prime area, non-prime areas which defined by SCB will not be granted the loan / erosion of rate / margin slash.
3. Utilization fee will be imposed for full flexi products if the un-utilized portion of loan > 70% due to massive deposit into current account.
4. Exit Penalty: 3 yrs lock-in (1st drawdown / full drawdown), 3% on the total facility amount 


Last Update on 14 March 2011