Home equity loan
Speak to us to get your free mortgage advisory. Fill out the form now to get a free quote.
find the best home equity
loan in singapore
We work with 20+ banks in Singapore, getting you 120 loan options to choose from.
ABOUT HOME equity LOAN
If you happen to have built substantial equity in your home, a home equity loan will allow you to exchange a part of that equity for cash. You can borrow cheaply at regular home interest rates and loan duration, making equity loans an attractive option for freeing up money.
WHY EASYRATES SG?
We work with 20+ banks in Singapore, getting you 120 loan options to choose from.
Am I qualified for a loan?
A: Yes you may cash out on existing property, depending on factors like Valuation, CPF used and Income.
A: Yes, your payslips and CPF contribution will be used to determine loan eligibility.
A: Yes, your employment letter and first month payslip will be used to determine loan eligibility. Do note that some banks have a minimum income criteria.
What documents to prepare?
- Original Facility Letter (if available)
- NRIC Front & Back of all applicants
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Income Documentation
> For Salaried Employee: Last 3 months Payslips, Latest Income Tax Notice of Assessment (IRAS), Last 15 months CPF Contribution History
> For Self-Employed: Last 2 Years Income Tax Notice of Assessment (IRAS) - HDB Financial Info
- IRAS Property Portfolio Information
- CPF Withdrawal Statement for all Applicants
- Latest loan statement
-
Property details for Bank Valuation including:
- Address, Size (Land, Built-in), Leasehold/ Freehold, Property Age, Renovation done in last 2 years
EASY STEPS to...
STEP
01
Fill out our enquiry form with your details
Wait for our friendly Mortgage Advisor to contact you
STEP
02
STEP
03
Review our home loan comparison analysis or Compare home loan rates across all our banking partners
Select the best interest rate package and submit an application
STEP
04
STEP
05
Wait for the bank's approval and Letter of Offer
GET Your FREE Mortgage Advice
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