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sawyer

Which Bank Offer The Lowest Interest Rate For Reno Loan? [Urgent]

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how does it work when I have multiple suppliers?

Can I still take a reno loan to pay individual party?

I don't think you can have multiple suppliers...the bank only pay in one l lump sum and to 1 contractor only.

 

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Maximum is to 3. I will need all the quotation for the processing.

Can purchase of air conditioner considered for renovation loan as well?

 

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Hi Jolene,

Just to confirm. It cant be individual quotation from the air con installer?

It has to be in the signed quotation/agreement issued by the ID company, can't be individual quote from air con installer.

 

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It has to be in the signed quotation/agreement issued by the ID company, can't be individual quote from air con installer.

hi,

Yes, must be inside the quotation and no as by itself..

^_^

 

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Hi Jolene,

Just want to be clear (I am bad with finance)-

Eg, If I require SGD20,000 or SGD30,000 Reno loan, payable 3 years, how much do I pay per month? And can you confirm that the amount which I'm paying is fixed (meaning I'm paying the same amount every month for that 3years)?

Please advise the difference between flat rate and monthly rest and how much I am required to pay per month using the different package.

Thank you!

MK

 

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Hi Jolene, What do you suggest for someone who has bad credit? can they apply for a renovation loan together with their spouse? Renovation loan lesser than 15K..

 

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Hi sawyer, maybank current rate is 2.98% for flat rate.

You can email me for more details.

Jteo@maybank.com.sg

Hi Jolene,

Tried to emailed you but message failure.

 

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