<div><img class="size-full wp-image-10196 aligncenter" src="https://d213h1b7vxzzl3.cloudfront.net/editor/Bank-offers-the-Lowest-Renovation-Loan.jpg" alt="Bank-offers-the-Lowest-Renovation-Loan" width="540" height="320" /></div>
<div style="text-align: center;">If you are thinking of getting a renovation loan, this post should prove helpful!</div>
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<div style="text-align: center;"><span style="font-family: Arial, Verdana;">Based on the loan amount of $30,000, I have compiled a simple table which lists down the renovation loan packages offered by banks such as<b> DBS, OCBC, CIMB, RHB</b> and<b> Maybank</b>.</span></div>
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<div style="text-align: center;"><span style="font-family: Arial, Verdana;"><span style="font-size: large;">Renovation Loan Tip</span>
<span style="font-size: xx-large;">#1</span><span style="font-size: large;"> </span>
<i><span style="color: #663366;">If you have an existing mortgage loan with any of these banks, you should be able to secure a more attractive renovation loan package!</span></i></span></div>
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<div style="text-align: center;"><b><span style="font-size: large;">Renovation Loan Tip</span></b></div>
<div style="text-align: center;"><b><span style="font-size: xx-large;">#2 </span></b></div>
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<div><span style="color: #663366; font-size: small;"><i>This is the list of documents needed when you apply for the renovation loan!</i></span></div>
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<div><i><span style="color: #336666;">NRIC of all applicant(s)</span></i></div>
<div><i><span style="color: #336666;">Income documents of all applicant(s)</span></i></div>
<div><i><span style="color: #336666;">Proof of relationship between main and joint applicants (required for joint application only)</span></i></div>
<div><i><span style="color: #336666;">Original Renovation Quotation or Invoice, signed by customer and contractor</span></i></div>
<div><i><span style="color: #336666;">Proof of ownership of property to be renovated</span></i></div>
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<div><b><u><i><span style="color: #336666;">For salaried applicant(s)</span></i></u></b></div>
<div><b><u><i><span style="color: #336666;"> </span></i></u></b></div>
<div><i><span style="color: #336666;">Latest computerised payslip, or</span></i></div>
<div><i><span style="color: #336666;">Latest Income Tax Notice of Assessment, or</span></i></div>
<div><i><span style="color: #336666;">Past 6 months' CPF Statement of Account</span></i></div>
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<div><b><u><i><span style="color: #336666;">For self-employed applicant(s)</span></i></u></b></div>
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<div><i><span style="color: #336666;">Last 2 years' Income Tax Notice of Assessment</span></i></div>
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<div>Lastly, please note that this compilation is meant as a reference only.</div>
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<div style="text-align: center;"><span style="color: #cc0000;">It is highly recommended that you check with the bank for the actual monthly repayment amount based on its prevailing interest rates.</span></div>
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<div style="text-align: center;"><b>Please click on the following picture to <a href="https://drive.google.com/file/d/0BxBPsyViqm-lNS1vblZ3Mmlsa3c/view?usp=sharing" target="_blank" rel="noopener noreferrer">download the excel file compilation</a>. </b></div>
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<div style="text-align: center;"><a href="https://d213h1b7vxzzl3.cloudfront.net/editor/Renovation-loan-comparison.jpg"><img class="aligncenter wp-image-10197 size-full" src="https://d213h1b7vxzzl3.cloudfront.net/editor/Renovation-loan-comparison.jpg" alt="Renovation-loan-comparison" width="540" height="516" /></a></div>
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Which Bank offers the Lowest Renovation Loan Package?

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