Refinance
Are you finding it difficult to meet your current repayments? Are you tired of the high interest rates that you are being charged? HFC may have solutions that will help you.
Benefits of refinancing your loan with HFC:
- Lower interest rates
- Stretched maximum term of 25 years with lower repayment will ease your cash flow
- Consolidation of all existing debts 'under one roof' with one financier
- Choice from our range of consumer lending products
- An innovative range of business products
- Insurance products including Mortgage Protection Insurance
- No deposit required (depending on case by case basis)
What loans can HFC refinance?
- Housing loans
- Personal loans
- Business Loans
What do you have to do to refinance?
You need to provide us with the following information:
- Latest salary slip
- Total outstanding debts with your current financier with a statement of your loan for the last 12 months
- Value of the mortgage security with a recent valuation report and engineers certificate from HFC panel of valuers
- Copy of Title or Lease
- Approved building plan / sketch floor plan (if applicable)
- Builders quote / contract (if applicable)
- FNPF eligibility (if FNPF funds are used as deposit)
You may be required to provide further information depending on your loan application.
How can you refinance your loan?
There are three ways in which you could apply for a loan:
- Visit a customer services executive at any of our branches,
- Download an application form,
- Or you could Apply Online now.