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Stability Through Your Uncertainty

Home Renovation Loans

A renovation loan gives you a much-needed boost to personalize your home into the dream designs that you have dreamt of for a while. You can transform your ideas into realization, from a dull-looking property space into the most outlandish living space. With these loans, you can have the freedom to undertake any kind of renovations that range from the electrical, plumbing, wiring, floor installation, repainting, purchasing of new furniture, kitchen, and bathroom remodeling and any other adjustments that need to be made. 

How can I get a renovation loan in Singapore?

The process of getting a loan application for Home Renovations purposes is much easier with most money lenders in Singapore, as most of the application process takes place online. To avoid any unnecessary delays, do make sure that you consider the following:


  1. Source and identify your needs early as possible, make sure you already know what you need to be done so that when you place your order this makes it easier for your contractor to have a quote ready for you. 

  2. Use a contractor that has been certified by the authorities, an official quotation from a certified contractor is required by your lender in order to process the application. These contractors will also provide an objective view about your renovations that you are about to carry out. The quotes that are given are crucial in budgeting and accessing your finances quickly.

  3. Understand all requirements, kindly take note that you would have to be a Singaporean or a Permanent Resident of Singapore (PR) aged 21 years and above to qualify. Other requirements include proof of ownership of your property, proof of income for both salaried and self-employed personnel, documentation such as NRIC copies, and also CPF statements/NOA. 

Home Renovations Loans Cost

According to recent studies found, a renovation loan for a new house in Singapore can easily cost between $10,000 to over $100,000 and sometimes it could be even more. Mostly you have such excess money lying around and this is where a renovation loan comes in handy. Home upgrading loans are highly versatile allowing you to carry out any type of renovations, such as floor installations, adding of physical interior & exterior, having some décor redesigns, lighting, bathroom and kitchen remodeling among your other list of extensive changes. 

The loan application process is also easy and the application can be submitted online. If you are looking for an established renovation loan provider in Singapore, fill in the details below and let us match you to our list of subscribing money lenders.

To request a loan, please submit your details here and rest assured that your online application would get processed as soon as possible. 

Borrow up to 4X of your salary

Short-term/pay day repayment dates

Fixed and low interest rates

Flexible loan structures

High approval rate

Swift and efficient

What is the loan Process?


Fill up loan application


Verify borrower's employment


Review borrower's credit report


Submit any additional documents if needed


Allow underwriter to approve or deny loan request

Sample Representation on how the Repayment are Calculated

For Salary Employees

Citizenship: Singaporean & Permanent Residents Age: 21 – 65 Employment Status: Full-time or Self-employed Documents needed: NRIC/FIN/Passport Official company payslip – 1 Month minimum Official CPF Statement containing a record of contribution – 3 months minimum Latest Income Tax assessment record

For Commission-based Employees

Citizenship: Singaporean & Permanent Residents Age: 21 – 65 Employment Status: Full-time or Self-employed Minimum requirements: Your current line of work should be a sales role, such as Business Development, Client Services or related Agents involved in insurance and real estate are welcome to apply You are part of a legitimate company Your commission reflects the company’s sustainable marketing model For Self employed Required Documents: ACRA Documents Minimum 2 months of company bank statements Corporate and income Tax assessment

For Self-Employed Individuals

You are eligible if you are a business owner who may or may not be part of the following: A sole proprietorship, or Limited Liability Partnership (LLP) A private limited company A corporation


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