What is the entire client referral and home financing process like?

Step 1: Submit Your Enquiry

To start an enquiry, fill up the contact form.

Alternatively, join our Home Loan Referral Programme via the PropertyGuru Finance section on your AgentNet dashboard.

Step 2: We Offer Your Client Personalised Advice

Your Mortgage Specialist will reach out to understand your client’s financing needs and share the right home loan package.

Step 3: We Process Your Client’s Home Loan Application

Our team will carry out the valuation, negotiation, and application submission. Both you and your clients will receive updates every step of the way.

Step 4: We Attain the Bank’s Letter of Offer

Once your client has selected a preferred home loan package, we will coordinate for the signatures required for the Letter of Offer and other legal documents to seal the deal.

Step 5: Receive Your Referral Rewards

Once your client has secured their perfect home loan, we’ll let you know that it’s time to collect your rewards.

How can I refer a home loan to PropertyGuru Finance?

You may submit an enquiry to our Mortgage Specialist here.

How much will I earn per referral via the enhanced referral scheme effective 1 July 2024?

The enhanced referral scheme works to increase your commission rates by providing 70% commissions for the initial loan and 50% commission for any subsequent refinancing by your client for the same property.

Let’s say your client takes an initial home loan of S$1,000,000 and your bank referral commission is 0.15% – you will earn S$1,050 in commissions and receive corresponding Partner360 rewards (1 point for every $300 in commissions – No GST):

• In Cash: S$1,050 (70% of the commission)

• Partner360 Rewards: 3 points

When your client refinances with us after for their remaining loan amount of e.g. S$800,000 – you will then earn S$600 in commission and receive the relevant Partner360 rewards as well (1 point for every $300 in commissions – No GST):

• In Cash: S$600 (50% of the commission)

• Partner360 Rewards: 2 points

You may calculate your rewards based on client’s loan size here.

When and how will I receive my commission and rewards?

You will receive your cash commission via bank transfer within 5 working days after the bank processes their referral fee, which usually takes between 3 to 6 weeks.

Based on the value of your commission, the corresponding Partner360 Rewards points will be recorded under your AgentNet Account. Find out more about Partner360 Rewards here.