OCBC Bank launches OneAdvisor Home portal, a one-stop advisory service

/ EdgeProp |
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OCBC Bank has launched an online advisory service that brings together first-time homebuyers as well as seasoned investors. Called OCBC OneAdvisor Home, the portal brings together all the tools and resources that property buyers would need to make an informed purchase – from property listings, policy details, rules and regulations to affordability advice.
Property listings based on a homebuyer’s affordability are pulled from EdgeProp.sg, with other features to be added through API-based collaboration with other service providers over the next few months.
Property search based on affordability with listings from EdgeProp Singapore (Credit: www.ocbc.com/oneadvisorhome)
While most advisory tools in the market can only derive the loan amount a buyer can borrow based on the total debt servicing ratio, at OCBC OneAdvisor Home, the affordability tool computes the affordability price range for the buyer, including down-payment, stamp duty, minimum cash payment as well as legal and agent fees.
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In the coming months, OCBC OneAdvisor Home will allow home buyers to submit necessary documents through the website for a secure Credit Bureau check. In addition, home sellers will be able to get an indicative value of their properties from an accredited valuer.
OCBC logo
OCBC launches one-stop advisory service for homebuyers (Credit Picture: Nicky Loh/Bloomberg)
This story, written by Cecilia Chow for EdgeProp Singapore, first appeared on Jan 4.

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