After a long, hard day at work, all we want is to return to our home for a good rest and some well-deserved family time.

But what if your home badly needs a makeover? Or perhaps you’re thinking of sprucing it up to increase its resale value.

If you don’t have enough cash on hand, what you need is Horison Credit’s Renovation Loan.

It just takes a few minutes of your time to apply. The next thing you know, you will be coming home to a revamped abode – thanks to our Renovation Loan.

What do I need to apply for a renovation loan?

You need to produce your NRIC and proof of income (CPF or bank statements). You will also need the original contractor quotation, signed by both you and the contractor.

You should also produce the proof of ownership of the property to be renovated, as well as proof of the principal's and joint applicant's relationship (for joint applications).

Why should I apply for a renovation loan with Horison Credit?

Here’s what you can enjoy when you apply for a renovation loan with us:

  • Quick application process
  • Up to three years to repay your loan
  • Flexibility to borrow up to six times of your income
  • Affordable interest rates
  • Customised loan packages

Is a personal loan the same as a renovation loan?

A renovation loan is different from a personal loan although both are unsecured loans.

You can use a personal loan for any purpose you deem appropriate, but a renovation loan can only be used to renovate your home.

A renovation loan also tends to have a shorter loan tenure than a personal loan, typically between one to five years. Its interest rates are also lower than that of personal loans.

Can a renovation loan be used for anything related to my home?

No. A renovation loan must be used to conduct renovation works at your home. It cannot be used to buy furniture or pay your mortgage.

What is the process of applying for a renovation loan?

First, you determine what you need the renovation loan for – a leaky ceiling for instance.

An evaluation is then conducted by a contractor, who will assess the amount of work needed and provide you with a quote.

Next, submit your loan application to us with the amount you think you need.

When your renovation loan request is accepted by us, the approved amount will be disbursed to you in a lump sum.

What type of works can a renovation loan be used for?

  • Flooring
  • Basic washroom fittings
  • Painting and redecorating works
  • Built-in cabinets
  • Carpentry works
  • Electrical and wiring works
  • Exterior works and compound decorations


Getting started is easy.


Submit application

Complete the loan application form and hit on the submit button.


Getting approval

Wait for the processing & receive your application status within 24 hours.


Collect your money

Sign on the agreement at our outlet and collect your money.