Documents Required for Home Loan Repricing
Find out the process in obtaining the necessary documents and submit your Home Loan Repricing application.
If your property is an Investment Property or Owner Occupied Property with Cash Out (Term Loan), there are 2 ways for us to assess your repricing application: Total Debt Servicing Ratio (TDSR) assessment or Debt Reduction Plan (DRP).
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Total Debt Servicing Ratio (TDSR)
Kindly ensure that you have consolidated all the documents per listed for us to assess the TDSR and process your request. A copy of each document is required from all borrowers unless otherwise specified. -
Debt Reduction Plan (DRP)
You may reprice your loan without going through TDSR assessment if you repay at least 3% of your total outstanding loan amount upfront or over a period of not more than 3 years under the DRP.
Online application using Myinfo with Singpass
Before you submit your repricing application, please ensure that you have consolidated all the documents per listed below.
Owner Occupied Property
For joint home loan accounts, only one submission is required from either borrower
IRAS My Property Summary
IRAS My Property Summary
- Log on to myTax Portal at IRAS Website using your Singpass or IRAS pin.
- Under Property, click View Property Summary.
- Click Save as PDF/ Print to save as a PDF copy.
DRP – Investment Property or Owner Occupied Property with Cash Out
IRAS My Property Summary
- Log on to myTax Portal at IRAS Website using your Singpass or IRAS pin.
- Under Property, click View Property Summary.
- Click Save as PDF/ Print to save as a PDF copy.
Online application without using Myinfo
Before you submit your repricing application, please ensure that you have consolidated all the documents per listed below.
Owner Occupied Property
For joint home loan accounts, only one submission is required from either borrower
IRAS My Property Summary
Identification Documents
HDB Flat Details (if your property is a HDB flat)
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
IRAS My Property Summary
- Log on to myTax Portal at IRAS Website using your Singpass or IRAS pin.
- Under Property, click View Property Summary.
- Click Save as PDF/ Print to save as a PDF copy.
Identification Documents
- For Singaporeans/ Permanent Residents: A copy of your NRIC (front and back) reflecting the subject property address
- For Foreigners: A copy of your passport AND your utility bill/telephone bill reflecting the subject property address as your mailing address
HDB Flat Details (if your property is a HDB flat)
- Click Login to MyHDBPage at HDB Website using your Singpass.
- Under My Flat, click Purchased Flat.
- Select Flat Details and Minimum Occupation Period (MOP).
- Select Save to PDF on bottom of the page.
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Log on to my CPF Online Services at CPF Website using your Singpass.
- Under my CPF, go to Home Ownership.
- Select Principal amount and accrued interest.
- Click on the PDF icon on the top right corner to save as a PDF copy.
TDSR – Investment Property or Owner Occupied Property with Cash Out
HDB Flat Details (if your property is a HDB flat)
HDB Financial Information
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
Income Documents
- Click Login to MyHDBPage at HDB Website using your Singpass.
- Under My Flat, click Purchased Flat.
- Select Flat Details and Minimum Occupation Period (MOP).
- Select Save to PDF on bottom of the page.
HDB Financial Information
- Click Login to MyHDBPage at HDB Website using your Singpass.
- Under My Flat, click Purchased Flat.
- Select Financial Info.
- Select Save to PDF on bottom of the page.
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Log on to my CPF Online Services at CPF Website using your Singpass.
- Under my CPF, go to Home Ownership.
- Select Principal amount and accrued interest.
- Click on the PDF icon on the top right corner to save as a PDF copy.
Income Documents
- IRAS Income Tax Notice of Assessment (NOA) AND Latest 12 months’ CPF Transaction History Statement.
- Latest 3 months’ Computerised Payslips.
- Latest 3 months’ Salary Crediting Account Statements (if you are working overseas).
DRP – Investment Property or Owner Occupied Property with Cash Out
IRAS My Property Summary
Identification Documents
HDB Flat Details (if your property is a HDB flat)
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Log on to myTax Portal at IRAS Website using your Singpass or IRAS pin.
- Under Property, click View Property Summary.
- Click Save as PDF/ Print to save as a PDF copy.
Identification Documents
- For Singaporeans/ Permanent Residents: A copy of your NRIC (front and back) reflecting the subject property address
- For Foreigners: A copy of your passport AND your utility bill/telephone bill reflecting the subject property address as your mailing address
HDB Flat Details (if your property is a HDB flat)
- Click Login to MyHDBPage at HDB Website using your Singpass.
- Under My Flat, click Purchased Flat.
- Select Flat Details and Minimum Occupation Period (MOP).
- Select Save to PDF on bottom of the page.
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Log on to my CPF Online Services at CPF Website using your Singpass.
- Under my CPF, go to Home Ownership.
- Select Principal amount and accrued interest.
- Click on the PDF icon on the top right corner to save as a PDF copy.
Offline application
Before you submit your repricing application:
- Ensure that you have consolidated all the documents per listed below.
- For joint home loan accounts, all borrowers have to complete and sign.
Owner Occupied Property
Varying Terms of Mortgage Form
IRAS My Property Summary
Identification Documents
HDB Flat Details (if your property is a HDB flat)
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Download and complete the Varying Terms of Mortgage Form.
IRAS My Property Summary
- Log on to myTax Portal at IRAS Website using your Singpass or IRAS pin.
- Under Property, click View Property Summary.
- Click Save as PDF/ Print to save as a PDF copy.
Identification Documents
- For Singaporeans/ Permanent Residents: A copy of your NRIC (front and back) reflecting the subject property address
- For Foreigners: A copy of your passport AND your utility bill/telephone bill reflecting the subject property address as your mailing address
HDB Flat Details (if your property is a HDB flat)
- Click Login to MyHDBPage at HDB Website using your Singpass.
- Under My Flat, click Purchased Flat.
- Select Flat Details and Minimum Occupation Period (MOP).
- Select Save to PDF on bottom of the page.
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Log on to my CPF Online Services at CPF Website using your Singpass.
- Under my CPF, go to Home Ownership.
- Select Principal amount and accrued interest.
- Click on the PDF icon on the top right corner to save as a PDF copy.
TDSR – Investment Property or Owner Occupied Property with Cash Out
Varying Terms of Mortgage Form
HDB Flat Details (if your property is a HDB flat)
HDB Financial Information
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
Income Documents
- Download and complete the Varying Terms of Mortgage Form.
HDB Flat Details (if your property is a HDB flat)
- Click Login to MyHDBPage at HDB Website using your Singpass.
- Under My Flat, click Purchased Flat.
- Select Flat Details and Minimum Occupation Period (MOP).
- Select Save to PDF on bottom of the page.
HDB Financial Information
- Click Login to MyHDBPage at HDB Website using your Singpass.
- Under My Flat, click Purchased Flat.
- Select Financial Info.
- Select Save to PDF on bottom of the page.
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Log on to my CPF Online Services at CPF Website using your Singpass.
- Under my CPF, go to Home Ownership.
- Select Principal amount and accrued interest.
- Click on the PDF icon on the top right corner to save as a PDF copy.
Income Documents
- IRAS Income Tax Notice of Assessment (NOA) AND Latest 12 months’ CPF Transaction History Statement.
- Latest 3 months’ Computerised Payslips.
- Latest 3 months’ Salary Crediting Account Statements (if you are working overseas).
DRP – Investment Property
Varying Terms of Mortgage Form
- Download and complete the Varying Terms of Mortgage Form.
DRP – Investment Property or Owner Occupied Property with Cash Out
Varying Terms of Mortgage Form
IRAS My Property Summary
Identification Documents
HDB Flat Details (if your property is a HDB flat)
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Download and complete the Varying Terms of Mortgage Form.
IRAS My Property Summary
- Log on to myTax Portal at IRAS Website using your Singpass or IRAS pin.
- Under Property, click View Property Summary.
- Click Save as PDF/ Print to save as a PDF copy.
Identification Documents
- For Singaporeans/ Permanent Residents: A copy of your NRIC (front and back) reflecting the subject property address.
- For Foreigners: A copy of your passport AND your utility bill/telephone bill reflecting the subject property address as your mailing address.
HDB Flat Details (if your property is a HDB flat)
- Click Login to MyHDBPage at HDB Website using your Singpass.
- Under My Flat, click Purchased Flat.
- Select Flat Details and Minimum Occupation Period (MOP).
- Select Save to PDF on bottom of the page.
Latest CPF Property Withdrawal Statement (if you have an existing term loan)
- Log on to my CPF Online Services at CPF Website using your Singpass.
- Under my CPF, go to Home Ownership.
- Select Principal amount and accrued interest.
- Click on the PDF icon on the top right corner to save as a PDF copy.
Revision of Loan Period
To revise your loan period, a fee of $250 applies and will be deducted from your designated loan servicing account. We will require information on employment and income for all account holders to review your request.
The following documents will also be required:
Income Documents
Latest 3 months’ Computerised Payslips
If your employment period at your current occupation is less than 3 months, your latest payslip and employment contract.
If your employment period at your current occupation is less than 1 month, obtain the full copy of the Employment Contract or Letter of Appointment.
The Employment Contract or Letter of Appointment should be signed by the employer’s representative, with name and designation stated and signed by the applicant.
If your employment period at your current occupation is less than 1 month, obtain the full copy of the Employment Contract or Letter of Appointment.
The Employment Contract or Letter of Appointment should be signed by the employer’s representative, with name and designation stated and signed by the applicant.
IRAS Income Tax Notice of Assessment (NOA) AND Latest 12 months’ CPF Transaction History Statement
IRAS Income Tax Notice of Assessment (NOA)
- Log on to myTax Portal at IRAS Website using your Singpass or IRAS pin.
- Under Notices/Letters, click on Individual.
- Select the latest Notice of Assessment (Individual) and save as a PDF copy.
AND
Latest 12 months’ CPF Transaction History- Log on to my CPF Online Services at CPF Website using your Singpass.
- Under my CPF, go to Transaction History and click on Filter and select Employment Contributions.
- Click on the PDF icon on the top right corner to save as a PDF copy.
Latest 3 months’ Salary Crediting Account Statements (if you are working overseas)
If your income is not derived in Singapore, obtain the full copies of your bank statements reflecting the salary crediting amount in the latest 3 months. The bank statements should show that the salary is credited through GIRO with transaction reference codes ‘SAL’ or ‘PAY’, and the company name and salary amount should match the 3 months’ computerised payslips submitted to us.
Note:
Additional documents may be required
Note:
Additional documents may be required
Please submit the above documents to [email protected].
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