The Ultimate Guide to Refinancing Your Home Loan in Singapore
Contents What Is Home Loan Refinancing? Home loan refinancing is the process of replacing your existing home loan with a new one, typically with a different lender, to secure better terms or rates. It involves applying for a new loan to pay off your current mortgage, and the new loan may have different interest rates, loan tenure, or repayment structures. Refinancing is commonly done to take advantage of lower interest rates, reduce monthly payments, or adjust loan tenure. Why You