Making your home into a dream home has never been easier with our Renovation Loan. Let us make your dream into reality and relief you from your financial stress and make your dream possible.
|Loan Quantum||Up to $30,000|
|Rates of Interest||6.00% flat rate per annum (EIR 10.90% per annum)|
|Repayment Term||Up to maximum of 5 Years|
|Processing Fees||2.5% flat|
|Eligibility (Applicant / Surety(ies))||
|Photocopy of NRIC (Front & Back)||Yes||Yes|
|Proof of ownership ( Sale & Purchase Agreement)or HDB Property Statement / Property Tax Statement||Yes|
|Latest Computerised Payslip||Yes||Yes|
|Letter of Employment (if <3 Months Employment)||Yes||Yes|
|Last 6 months CPF contribution history||Yes||Yes|
|Latest IRAS Notice of Assessment (NOA)||Yes||Yes|
|CBS - Enhanced Consumer Credit Report||Yes||Yes|
*Numbers of sureties to be provided are subject to loan quantum and credit evaluation.
- All loans granted are within the discretion of SSBEC Co-op