Welcome to CIMB

Our Private Residential Home Loan lets you opt for either a Singapore Interbank Offer Rate (SIBOR) or a Variable Rate package.

Features and Benefits
	Financing all types of completed or under construction residential properties.
	Minimum loan amount is SGD200, 000.
	Quantum of financing (QOF) up to 80%.
	Enjoy loan tenure up to 35 years, or 70 years of age, whichever is earlier.
	No processing fees.

Terms & Conditions Apply

Eligibility
	21 years old & above.
	Any of the applicants must earn more than $24,000 per annum.

Requirements

Copy of NRIC/Passport of all Applicants & Owners.

Income Documents.

	Latest Computerised Payslip (salaried).
	CPF Statement – Latest 12 Months Contribution History (salaried).
	2 Years Income Tax Assessment (self-employed).

Option to Purchase or Sale & Purchase Agreement (for new purchase).

Loan Statement from Existing Bank/Financial Institution – Latest 12 months (for refinancing).

Latest CPF Withdrawal Statement for Existing Property to be Refinanced/to be Sold.

Evidence of Sale of Existing Property (if applicable).

Tenancy Agreement (if applicable).

Private Property

Products/Items

Charges

1

Rescheduling of Intended Date of Full Redemption

$200

2

Change of Insurer for Fire Insurance

$200 per year

3

Loan Statement Request (Per statement)

Current Calendar Year: Nil
Previous Calendar Year: $50

4

Custody of Title Deed for Fully Repaid Loans

$500 per year

5

Late Payment of Monthly Instalments

Prime Lending Rate + 5% (Subject to $30 minimum)