For many homeowners, getting a mortgage can feel like a maze. You start by speaking to one or more loan brokers, each presenting a long list of packages from different banks. Then comes the task of comparing rates, working out which package really suits your needs, and pulling together stacks of paperwork for approval. It’s not only time-consuming but often confusing, especially if you’re doing it for the first time. Even those who have refinanced before will know just how tiring the process can be. That’s why a little help goes a long way. In an age where technology makes everything from ordering food to booking a holiday effortless, why shouldn’t mortgages be just as simple? This is the gap that Cashew hopes to fill. As a newly launched fintech startup, Cashew acts as a friendly guide for homeowners, using AI and automation to take away much of the stress and uncertainty. Instead of drowning in paperwork or struggling to compare endless loan options, homeowners can now enjoy a clearer, smoother, and more straightforward path to securing the right mortgage. Finding the “best” home loan rate isn’t as straightforward as it sounds. That’s because the best rate for you may not be the same as the best rate for someone else. With so many banks competing for customers, each one tries to stand out by tailoring its products to different types of homeowners, properties, and loan sizes. Take this example: imagine you are buying a completed condominium unit and you need a loan of $1 million. Now, a 2-year fixed rate is 1.88% while the 3-year fixed is at 1.83%. Clearly, the property type and loan amount can make a difference in the rates you qualify for. What this tells us is that there’s no single “one-size-fits-all” mortgage. Banks may price their loans differently depending on whether you’re buying a private condominium or an HDB resale flat, and whether you are borrowing $500,000, $1 million or more. Also, rates are constantly fluctuating so it’s not easy to stay on top of which banks can give you the best rate. This is where a mortgage platform like Cashew comes in handy. Instead of calling up multiple brokers or checking each bank individually, Cashew allows you to instantly view and compare the best available loan packages tailored to your situation. More importantly, it helps you make sense of the trade-offs, such as whether the gap between floating and fixed rates is wide enough to justify taking on more risk. In other words, Cashew puts the information you need right in front of you so that you can make smarter, more confident choices about your home loan. Refinancing Your Home Loan Is Also Easier If you are thinking about refinancing your existing home loan, Cashew makes the process simple as well. There are two easy ways to get started. The first option is to enter your loan details manually into the platform. With this information, Cashew can instantly search and show you if there are better loan packages available. The second is even more convenient—you can upload your current home loan offer letter. Cashew’s AI tool will automatically analyse the terms of your existing loan and then match you with alternative packages that could save you money. This way, you don’t have to spend hours crunching numbers or comparing rates across different banks. With just a few clicks, you will have a clear view of whether refinancing makes sense for you, and what your best options are. Have A Question About Home Loans? Cashew Can Answer It One of the biggest advantages of building a fintech platform today is the ability to harness the power of AI, and Cashew is doing exactly that. When it comes to mortgages, homeowners often have a long list of questions. While a loan broker can (and usually should) answer them, it isn’t always convenient to call or wait for a response. Sometimes, you just want quick, straightforward answers. That’s where Cashew’s built-in AI Assistant comes in. Instead of combing through fine print or second-guessing yourself, you can ask the AI directly and get instant clarity. For example, a common question many homeowners might ask is… “What is the difference between a home loan floating and fixed rate, and which is better?” We can decide how we want our questions answered, whether it’s on Telegram or WhatsApp. And voila, we send our question and get an instant, easy-to-understand answer. Instead of wading through pages of technical jargon, the AI Assistant breaks things down in plain language, whether it’s explaining the difference between fixed and floating rates, clarifying how lock-in periods work or showing what happens if you refinance early. Mind you. It doesn’t answer non-mortgage-related questions, so continue using ChatGPT or search on Google for other finance questions you may have. You Can Also Apply For Loans Through Cashew Of course, Cashew isn’t just about browsing interest rates or answering questions; you can also take the next step and apply for your loan directly through the platform. Here’s how it works: once you’ve shortlisted the packages that interest you, one of Cashew’s mortgage advisors will assist with gathering the necessary documents, submitting them to the bank, and clarifying any terms or conditions along the way. Cashew always ensures that the process remains smooth and transparent. You get the convenience of a digital platform to compare and decide, combined with the personal touch of an experienced professional to handle the finer details. Buying a home is one of the biggest financial decisions Singaporeans face—and often the most confusing. Cashew cuts through the complexity with AI technology and human expertise, making the mortgage journey stress-free and straightforward. Planning to get a housing loan or already paying one off? Don’t leave money on the table. Even a slight difference in interest rates can add up to tens of thousands over the life of your loan. Cashew makes it simple to compare the best rates and guides you through the application process, so you save time and money.