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

[Starware 0]

Hi Jolene,

I was quoted with 2.99% interest from another Maybank rep. May I know why is there a diff of 0.01%?

[Jolene 2]

Hi starware,

Should be 2.98%. Could be typo.

Else u can email me

Jteo@maybank.com.sg

[mocharz 0]

how does it work when I have multiple suppliers?

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

[multi888 1]

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.

[Jolene 2]

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

[mocharz 0]

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

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

[Jolene 2]

Hi, it must be inside your quotation

[mocharz 0]

Hi, it must be inside your quotation

Hi Jolene,

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

[zodiaxt 0]

hi all, can i know if anyone here has heard about takeONE loan specialist?

just met up with them, seems good as they can offer a good renovation loan.

[DavidPoon 0]

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.

[Jolene 2]

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..

^_^

[mkicecream 1]

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

[Kjulian 0]

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..

[pikahaz 0]

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.

[deckbuild 0]

Hi Guys,

It's confusing from Maybank website on the effective interest and the flat rate, can anyone advice?

If I take a 30k loan for 1 year, the interest should be $894? or $3063?

http://info.maybank2u.com.sg/site_functions/rates_lending.aspx#renovation