*Calculation is based on an APR of 12% on reducing interest rate. Minimum repayment period is 3 months to a maximum of 36 months.
WHY CHOOSE RENOLOAN
Best renovation loans within your reach
No hidden costs or fees
We are a 100% free platform that helps users compare and find the best home renovation loan.
Practical & cost effective
Compared to personal loans, renovation loans are more affordable.
Quick & easy process
Receive a quote for free within an hour. That's how fast we work!
We helped build >9,000 beautiful homes
Don't sweat on the small stuff! Let RenoLoan take care of things for you.
Our reviews speak for themselves.
Fast and efficient service. We received a reply in less than 30mins after sending out the quote. Got a best rate loan for our new home renovation after that! Good platform if you are looking for a renovation loan.
Nice platform that helped me get a renovation loan at lower interest rate. Will definitely recommend to my friends and family!
We needed a renovation loan for our resale flat fast and the banks weren't getting back. It was quite frustrating but luckily, my hubby and I tried RenoLoan and wow, we managed to get a few quotes within minutes! I am pleased with their service! Most importantly, it is completely free! No harm trying guys!
My husband and I welcomed our third child this year... and we felt that the house design was not sufficient anymore... we wanted a home renovation and didn't know whr to look... this site is really very helpful and transparent, and helped to answer my loan questions... you guys can give it a try...
Very easy and fast platform that helped us secure the best renovation loan. It really is what it is, free of charge, no hidden fees. We got our renovation loan at an even lower rate than before!!! Kudos!
Easy To Use Platform to help secure a renovation loan. I managed to get a loan at low interest rate and a repayment term that suits my salary.
GETTING A LOAN
3 steps to your dream home
Get your quote
Nobody likes a hassle. We don't either. Our online form takes only 5 minutes to fill.
Confirm your information
Choose the financial institution you prefer. We will never proceed without your consent.
Get your money
Get your funds in just 1 business day after your loan contract is signed.
We answer your questions
1. Modern – A common intention to create a space then encompasses style, transparency and simplicity.
2. Minimalist – Designs are simplified further, usually with a touch of Japanese designs. Minimalist designs make use of spaces and are always clutter-free. A neutral colour palette is usually used.
3. Contemporary – These designs are trendy and evolving, and do not fully adhere to a particular style. It’s a lot more fluid.
4. Scandinavian – This style combines minimalism and comfort, where most of the designs are often cosy and warm. There could be an occasional dash of colour to brighten the space.
Renovation loans are helpful because it allows you to complete your home renovation without tapping into your savings.
Commonly, homeowners are confused between renovation loans and personal loans. Both are able to provide them the funding they require but there are key differences.
Renovation loan rates are slightly cheaper than personal loans, however, personal loans will offer more flexibility. You will have the freedom to use your personal loan at your discretion.
For most, you can borrow up to 6 times your monthly salary. If you require a larger amount, you can discuss with your financial institution for alternatives.
We work with a large number of legal financial institutions in Singapore. They can be found all across Singapore, in the East, West, North, and in the Central area.
All are near MRT stations, making it convenient for borrowers.
RenoLoan helps all users find the best renovation loan, for free!
Simply submit an enquiry on our website and we will get back with the quotes asap.
No, please follow the repayment schedule on your loan contract.
($50,000 x 12%) / 12 months = $4,666.66 per month. Other than admin fee and late repayment fees (if any), there are no other fees.
Nope! RenoLoan is an absolutely free platform that helps homeowners find the best renovation loan.
We promise no hidden fees and a fully transparent loan process. Rest assured of our services.
We have served numerous satisfied customers who have given us 5-star reviews!
It is an annnual percentage rate at 12% per year for loans.
The loan tenure will depend on the amount you borrow and your repayment ability. It ranges from 3 months to 3 years, and even up to 5 years.
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Read more about renovation loans, interior designs and more on our blog!