Reno Loan

[geekroute]

Hi All,

I'm looking at taking a reno loan of 30k, would like to know which bank offers the best rates, low processing fee etc.

Thanks

 

[starfish.starfish]

Dunno, don't see the point of putting myself in debt for renovations leh.

 

[nicholaslee]

Sorry for being busy body.. think again bro... Reno can slowly do one.. Room by room..

Sent from phone using GAGT

 

[Mecisteus]

Just take up some balance transfers from a few banks. Overall rates will be cheaper.

If you take reno loan, rate is about 6% pa.

 

[V_for_Vanilla]

Renovation loan is an example of a bad loan. Do think twice.

 

[rhysnomer]

Can try searching in one of those loan aggregator websites..

 

[SBC]

If really need to loan, suggest max 2-3 years loan period.

 

[kehyi4]

If you need to take a loan in order to reno, then perhaps, just perhaps, you maybe can't really afford to spend that kind of money, just saying, you know...

 

[dowzkeh]

http://www.moneysmart.sg/renovation-loan

you can do a quick comparison here, but like what others have mentioned, do think twice about taking such loans.

 

[ksyksyksy]

Hi All,

I'm looking at taking a reno loan of 30k, would like to know which bank offers the best rates, low processing fee etc.

Thanks

Not too sure which is the best, but had a couple of friends were looking at DBS Reno Loan. Probably you can check it out further and the details if you are still intending to take up one.