We offer a diverse range of loan options to cater to different financial needs. Whether you require a personal loan to cover unexpected expenses, a renovation loan to transform your home, an education loan to finance tuition fees, or a debt consolidation loan to manage multiple outstanding payments, we have tailored solutions to support your financial goals.

To qualify for a loan in Singapore, applicants must be at least 21 years old and either a Singapore Citizen, Permanent Resident, or a foreigner with a valid employment pass. Income requirements vary depending on the loan type and lender, but a stable source of income is essential to improve approval chances.

The approval time for loans varies depending on the lender and the loan type. Some personal and short-term loans can be approved within 24 hours, while others, such as renovation or education loans, may take a few days. Our streamlined process ensures quick assessments and efficient approvals, so you can receive your funds as soon as possible.

To apply for a loan, you will need to provide certain documents for verification. These typically include a valid NRIC or passport for identity verification, proof of income such as recent payslips or CPF statements, employment details for foreigners, and proof of residence, which can be in the form of utility bills or bank statements. Additional documents may be required depending on the loan type.

The loan amount you are eligible for depends on various factors, including your monthly income, credit history, and the lender’s policies. Licensed moneylenders and banks follow different guidelines regarding borrowing limits, and we assist you in finding the most suitable loan that aligns with your financial standing.

Transparency is our priority. When you apply for a loan with HomeFinance, all fees, interest rates, and repayment terms will be clearly explained to you before any agreement is signed. There are no hidden charges, ensuring you can plan your finances with confidence.

Yes, some lenders offer loan options for individuals with low or poor credit scores. While the terms and interest rates may vary, we work closely with our lending partners to help you secure the best possible loan based on your financial situation.

Bank loans typically offer lower interest rates and more favorable terms but come with stricter eligibility requirements and a longer approval process. In contrast, loans from licensed moneylenders provide faster approval with more flexible eligibility criteria, though they may carry slightly higher interest rates. We help you compare both options so you can make the best decision based on your needs.

Loan repayments can be made through various channels, including GIRO transfers, bank transfers, or direct cash payments, depending on the lender’s terms. It is important to make timely payments to avoid late fees or penalties and to maintain a good credit record.