CIMB vs RHB Home Loan Singapore Comparison: Benefits of Applying via Homejourney
CIMB and RHB, Malaysian banks operating in Singapore, offer competitive home loans with low fixed and floating rates starting from around 1.35% p.a. for larger loans. Homejourney simplifies the CIMB vs RHB home loan comparison by letting you apply to both plus DBS, OCBC, UOB, and others in one go via Singpass. This cluster dives into their key differences, rates, and why applying through Homejourney ensures transparency, safety, and the best deals for HDB or private property buyers.
Link back to our pillar guide on Malaysian bank mortgage Singapore options for full coverage: . As a trusted platform prioritizing user safety, Homejourney verifies rates daily and connects you securely to partners like CIMB and RHB.
Key Features: CIMB vs RHB Home Loans in Singapore
CIMB and RHB stand out among Malaysian banks for their aggressive rates on HDB resale flats and private properties, often matching local giants like DBS. Both use SORA-based floating rates (3M SORA around 3.75% as of Jan 2026) plus a low margin, typically 0.25-0.50% for loans over S$500k[1][3]. Fixed rates start at 1.35% for 2-3 years lock-in, ideal for first-time buyers facing TDSR limits[1].
CIMB advantages: Generous cashback up to S$2,800 on refinancing for loans over S$1.5M, free conversion after 12 months, minimum loan S$500k[1]. Strong for BUC properties with progressive drawdown.
RHB advantages: Competitive 2Y fixed at 1.35%+, faster processing for HDB upgraders, rebates from S$2,000. Better for investors with commercial property ties[1][6].
Both comply with MAS rules: max 75% LTV for HDB, 55% for private under TDSR. But rates aren't public—Homejourney's bank-rates page shows real-time CIMB RHB comparison tailored to your profile.
Current Rates Comparison (Jan 2026)
As of week of 12 Jan 2026, lowest rates require S$500k+ loans[1]. Here's a side-by-side:
| Feature | CIMB | RHB |
|---|---|---|
| Lowest Fixed (2-3Y) | 1.35% (S$500k+) | 1.35% (S$500k+) |
| Floating (SORA+) | 1M SORA +0.25% (~1.42%) | 3M SORA +0.30% (~1.45%) |
| Lock-in | 2 years, FC12 | 2 years, FC24 |
| Refi Rebate | S$2,000-S$2,800 | S$2,000-S$2,500 |
| Min Loan | S$500k | S$400k (private) |
Rates fluctuate with SORA (3M at 3.75%)[3]. The chart below shows recent interest rate trends in Singapore:
As seen, SORA has stabilized post-2025 peaks, favoring floating rates now[1][3]. Use Homejourney's mortgage calculator for personalized CIMB vs RHB quotes.
Step-by-Step: How to Compare and Apply via Homejourney
Skip branch visits—Homejourney's multi-bank system sends one Singpass application to CIMB, RHB, DBS, OCBC, UOB, HSBC, Maybank, and more. Approval odds rise with side-by-side offers. Here's the process:
- Check Eligibility: Use our calculator at https://www.homejourney.sg/bank-rates#calculator. Input income, CPF; get TDSR-compliant borrowing power instantly.
- Compare Rates: View CIMB vs RHB vs others on bank-rates. Filter HDB/private, fixed/floating.
- Apply via Singpass: Auto-fills income/employment. One submission reaches 10+ banks.
- Track & Choose: Monitor status, compare offers. Pick best (e.g., CIMB for rebate if refinancing Tampines HDB resale).
- Close Securely: Homejourney verifies docs, ensures safe e-signing.
Timeline: 1-3 days for offers, 2-4 weeks to approval. Pitfall: Incomplete CPF statements—upload via Singpass to avoid delays[1]. Insider tip: Apply mid-week for faster responses; CIMB processes HDB faster for Toa Payoh flats.
Documentation Checklist for CIMB/RHB Approval
- NRIC (front/back)
- Latest 3 months payslips + employer letter
- IR8A/NOA (last 2 years)
- CPF statements (6 months)
- Sale & Purchase Agreement or Title Deed
- Bank statements (3 months, if self-employed)
Pro tip: For freelancers, include contract invoices. Homejourney pre-checks via Singpass, boosting approval by 30% per user feedback. Always consult HDB/URA for eligibility (e.g., ABSD for investors).
Why Homejourney for CIMB vs RHB? Safety & Trust First
Homejourney prioritizes your security: encrypted apps, verified bank partners, real-time status. Unlike single-bank visits, get multiple offers without credit hits. Users save S$2,000+ in fees via rebates. For refinancing (e.g., Jurong East condo), compare vs DBS here: UOB vs DBS Mortgage Comparison: Which is Better? | Homejourney . See 2026 rates: CIMB vs RHB Home Loan Singapore: 2026 Comparison | Homejourney .
Disclaimer: Rates as of Jan 2026[1]; not financial advice. Confirm with banks. Homejourney builds trust via feedback-driven updates.
FAQ: CIMB vs RHB Home Loan Singapore
1. Which is better, CIMB or RHB for HDB loans?
CIMB edges for larger rebates (S$2,800 max), RHB for smaller min loans. Compare via Homejourney for your case[1].
2. Can I apply to both CIMB and RHB simultaneously?
Yes, Homejourney's one-click multi-bank app sends to both safely.
3. What are current CIMB RHB fixed rates 2026?
From 1.35% p.a. (S$500k+), 2Y lock-in[1]. Check live rates.
4. Is refinancing worth it now?
Yes if >0.5% savings post-SORA drop. Use our calculator.
5. How does Homejourney ensure loan safety?
Singpass integration, partner verification, transparent tracking—your data stays secure.
Ready for the best CIMB vs RHB home loan? Start at https://www.homejourney.sg/bank-rates, then search properties at https://www.homejourney.sg/search. Homejourney: Safe, trusted property journeys.
