Last Updated on July 17, 2023 by Tree of Wealth Becoming a homeowner is a significant life achievement. In Singapore, if you’re purchasing a Housing and Development Board (HDB) property and planning to use your Central Provident Fund (CPF) savings for monthly loan repayments, the CPF Home Protection Scheme (HPS) becomes a mandatory purchase. HPS … Continue reading Navigating Mortgage Insurance in Singapore – Understanding HPS, Term Insurance, and MRTA