Oxprop Capital Home Equity Loan
Use our Home Equity Loan for debt reconsolidating, reducing your interest rates on high interest credit, property improvements, emergencies or emergency funds etc.
We provide a variety of customised borrowing options. Speak with one of our consultants to learn more about how you can take control of your finance arrangements.
Various papers are required throughout the loan application procedure. This will assist our dedicated agents in verifying your details and expediting your financing.
Our representatives will check your income and property valuation from behind the scenes. You do not have to take any action during this period.
The loan terms will be finalised at this stage. The funds will be released to you once you drop by our office to sign the offer.
Rates are clearly stated in our offer. There are no hidden fees.
Our customised financing service provides you with flexible borrowing options that can help you improve your liquidity.
We offer up to 80% LTV for your property because to help you unlock the most out of your equity.
Because your house is used as security, home equity loans in Singapore often have lower interest rates than other types of credit because the risk to a bank is smaller than with an unsecured loan. You will save money with a lower interest rate, and the interest you pay may be tax-deductible.
Home equity loans in Singapore are a simple method to free up extra cash at a low current mortgage interest rate, allowing you to expand your investment portfolio, establish a business, or deal with a financial emergency.
Due to their competitive interest rates and associated tax advantages, home equity loans are a simple method to fund nearly anything, including home renovations, buying a car, education, purchasing a second property, or consolidating higher interest rate debt.
An equity loan allows you to borrow money against the value of your fully paid-for house. With a term loan, you may do the same thing with a property that is not completely paid off.
With a home equity loan, you can borrow up to 80% of the value of your home.
Depending on the intricacy of the loan, alternative financiers like us can finance a loan request in 7 to 14 days upon verification of your documents, but a standard bank loan might take up to 30 days.
Term and home equity loans normally have tenures of around 5-30 years depending on the lender and its repayment options. Banks, on the other hand, may calculate tenures differently.