Home Loan (Refinancing)

Get a home loan refinancing package customised for you


  • Combination of pricing packages with no switching fees

  • Attractive interest rates

  • Dedicated customer care officers and mortgage specialists are just a phone call away

  • For new purchase, learn more by clicking here

Home Loan Refinancing Package
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*New Introducing OCBC OneAdvisor Home

One digital home platform with all the expertise you need.

Search for your properties, check your home affordability, connect to our mortgage specialist, and more.

Find out more.

3 different packages to suit your needs

OCBC 2Y Fixed Rate

OCBC Home Rate 2 year fixed
  • Protects you from rate fluctuations for the first 2 years
  • Pegged to OCBC Mortgage Rate Plus (bank manage rate) from Year 3

OCBC Mortgage Rate Plus

OCBC Home Rate
  • OCBC Mortgage Rate is a bank managed rate at 1.50% p.a. currently
  • 30 days' notice given if OCBC Mortgage Rate Plus is revised
  • Free switch if OCBC Mortgage Rate Plus increases
  • Flexibility to prepay up to 50% of the loan amount within the prepayment period

SIBOR-dependent rates


  • Rates are pegged to the 3-month SIBOR and reviewed every 3 months.
  • Payments can increase or decrease based on SIBOR rates

The interest rates indicated are fixed for the first two years.

This will also mean that your monthly instalment is fixed and will not change within those years.

At the end of the fixed rate period, the interest rates will be based on the long-term average of 1-month and 3-month SIBOR.


Customers can choose between different lock-in periods.

The lock-in period indicates the period where there will be penalty imposed on the customers if they decide to refinance or to redeem the loan. For packages with no lock-in period, the customer can choose to refinance or to redeem the housing loan package anytime.


The SIBOR may change every day. The bank uses the SIBOR on a specific date (also known as the Rate Review Date) and adds on a fixed percentage for the interest rate of the housing loan. The interest rate will be reviewed every 1 or 3 months, depending on the package chosen.


The bank uses the 15-month fixed deposit board rate and adds on a fixed percentage for the interest rate of the housing loan.

The 15-month fixed deposit rate is currently 0.25%



Reasons to refinance

Refinance your existing Home Loan with us to enjoy

  • Lower monthly instalments
  • Customised solutions

 

Talk to us about unlocking cash from your property too.

Amount you can borrow

HDB
From S$200,000

Private property
From S$300,000

The above is capped at 100% of valuation or your outstanding loan, whichever is lower.

*Home Loan on an owner occupied property purchased before 29 June 2013


Application Process

Home loan application process

Find out more

  • Have us contact you
  • Call us at (65) 6363 3333

    Opening hours are from 9am to 6pm.
    Mondays to Fridays
    (excluding public holidays)

  • Chat with Emma

    Simply click on the chat box at the lower right
    hand corner of your screen to start chatting