Home Loan Refinancing
Lower your monthly home loan instalments
Get up to S$2,800 cash reward per loan, plus a bonus reward of S$388! Learn more
Enjoy faster refinancing and greater savings with customised and holistic home loan solutions.
Best Home Loan/Mortgage Product
The Asian Banker Excellence in Retail Financial Services Awards 2022
Mortgage Product of the Year - Eco-Care Home Loan
The Digital Banker Global Retail Banking Innovation Awards 2021
Lower monthly instalments
Enjoy interest savings when you refinance your current loan with a more attractive package.
Complete range of loan packages
Take advantage of wide range of pricing packages to suit your financing needs.
Opt for our Eco-Care Home Loan
Be part of a greener Singapore with your sustainable home and enjoy significant savings.
Build SG
Build SG
Select the loan package that best fits your needs for your HDB or private home.
- 1M / 3M Compounded SORA
3M Compounded SORA |
Fixed(For completed properties only) |
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|---|---|---|---|
| 3M Compounded SORA | Fixed | ||
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| To find out more about our packages, you can submit a home loan enquiry form or approach your Mortgage Specialist. | |||
Step 1
Prepare your documents
- Latest CPF withdrawal statement
- Current bank loan statement showing outstanding loan amount
- For owner-occupied property, tax portal page to show subject property address and tax rate as "owner occupier"
- If your current loan is with HDB, submit the last 6M transaction record from the HDB InfoWEB portal
Step 2
Submit your application
For Eco-Care Home Loan, complete and pass THEEA. This takes just 2 minutes. Provide the assessment reference number in your loan application.
Step 3
Wait for our letter of offer
Step 4
Accept our loan offer
Find out how much you can borrow
Use our OCBC OneAdvisor Affordability Calculator to find out how much you can borrow, based on your income, age, and financial status.
Eligibility requirements
Minimum age
21 years old
Nationality
Singaporeans, Singapore PRs and foreigners
Minimum loan amount for SG private home loan
S$300,000
Minimum loan amount for HDB loan
S$200,000
Terms and conditions
Additional information
1. Your online refinancing application may require 1 working day to process due to additional checks performed.
2. ABS Guide: The Association of Banks in Singapore and MoneySENSE guide, "What You Should Know About Housing Loans - Key Questions to Ask The Bank Taking a Housing Loan" is available and you are encouraged to read it before committing to a residential property loan.
Apply to refinance with OCBC Home Loan today
or find out more by getting us to call you.
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The Singapore Overnight Rate Average (SORA) is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00 am and 6.15 pm.
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The 1M / 3M Compounded SORA is published by MAS at 9:00 am on all business days in Singapore and is computed by compounding the published SORA rate over the historical 1-month / 3-month period. Published by MAS since 4 August 2005 / 4 October 2005 respectively.
- The 1M / 3M Compounded SORA rate applicable on a Saturday, Sunday and Public Holiday would be the last published 1M / 3M Compounded SORA rate. (For example, if the rate review date falls on a weekend, the 1M / 3M Compounded SORA rate applied for the next 1-month / 3-month period would be the 1M / 3M Compounded SORA rate published on the working Friday of that week.)
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If the 1M / 3M Compounded SORA is less than zero, zero will be applied.
-
The Singapore Overnight Rate Average (SORA) is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00 am and 6.15 pm.
-
The 1M / 3M Compounded SORA is published by MAS at 9:00 am on all business days in Singapore and is computed by compounding the published SORA rate over the historical 1-month / 3-month period. Published by MAS since 4 August 2005 / 4 October 2005 respectively.
- The 1M / 3M Compounded SORA rate applicable on a Saturday, Sunday and Public Holiday would be the last published 1M / 3M Compounded SORA rate. (For example, if the rate review date falls on a weekend, the 1M / 3M Compounded SORA rate applied for the next 1-month / 3-month period would be the 1M / 3M Compounded SORA rate published on the working Friday of that week.)
-
If the 1M / 3M Compounded SORA is less than zero, zero will be applied.
OCBC 2Y/3Y fixed rate
The illustration below is based on a 2 year fixed rate package.
OCBC Mortgage Board Rates
Keep your loan amount in the first year. Prepayment fee of 1.5% will be charged if you pay down the loan in the first year.
3M SIBOR
Latest SIBOR can be found here.
CNY Cash Reward Promotion
Here’s a table breakdown of how much you can earn based on your loan amount.
| Loan amount | Cash reward |
| Between S$1,000,000 and S$1,499,999 | S$2,500 + S$388 |
| At least S$1,500,000 | S$2,800 + S$388 |
Promotional rates for 1M Compounded SORA pricing package
Year 1: 1M COMPOUNDED SORA + 0.98%
Year 2: 1M COMPOUNDED SORA + 0.98%
Thereafter: 1M COMPOUNDED SORA + 1.40%
| Electricity Plans | Contract Duration | Promo Code | Entitlement |
| SUNSEAP-100 (Fixed Rate) | 24 months | OCBCECO80 | $80 Bill Rebate to be reflected on the 6th bill |
| SUNSEAP-100 (Discount Off Tariff) | 24 months | OCBCECO80 | $80 Bill Rebate to be reflected on the 6th bill |
The energy rate applicable for these plans can be found on Sunseap's website at www.sunseap.com at point of sign-up.