One-Click Loan Application to All Major Banks: Homejourney Guide
Executive Summary: This definitive guide explores Homejourney's revolutionary one-click loan application feature, enabling Singapore property buyers to submit applications to all major banks simultaneously. Save time, compare offers securely, and secure the best mortgage rates with our trusted platform prioritizing user safety and transparency.
Table of Contents
- 1. Introduction to One-Click Loan Applications
- 2. Why Choose Homejourney for Multi-Bank Applications
- 3. How One-Click Loan Application Works
- 4. Home Loan Eligibility and TDSR in Singapore
- 5. Understanding SORA and Current Mortgage Rates
- 6. Major Banks: Products, Rates, and Homejourney Integration
- 7. Step-by-Step Multi-Bank Application Guide
- 8. Refinancing with One-Click Applications
- 9. User Safety and Trust on Homejourney
- 10. FAQ: One-Click Loan Applications
1. Introduction to One-Click Loan Applications
In Singapore's competitive property market, securing the best home loan is crucial for first-time buyers, upgraders, and investors. Traditional loan applications require visiting multiple banks, submitting documents repeatedly, and waiting weeks for responses. Homejourney changes this with our one-click loan application to all major banks, allowing you to apply multiple banks at once via a secure platform.
This loan application app leverages Singpass for instant verification, reducing paperwork and approval times to days. As of 2026, with SORA rates fluctuating, timing your fast mortgage application is key. Homejourney verifies data from official sources like MAS and HDB, ensuring a safe environment for your financial decisions.
Whether buying an HDB flat in Toa Payoh or a condo in Orchard, our multi-bank application lets banks compete for your business, delivering the best offers directly to you.
Singapore Home Loan Market Overview (2026)
Singapore's property market remains robust, with HDB resale prices up 5.2% year-on-year per URA data. Mortgage volumes hit record highs, but TDSR caps borrowing at 55% of income. Homejourney's tool helps you navigate this, comparing rates from DBS to Citibank instantly at https://www.homejourney.sg/bank-rates.
2. Why Choose Homejourney for Multi-Bank Applications
Homejourney prioritizes user safety, verifying every bank partner and using encrypted Singpass integration. Unlike scattered applications, our platform submits one form to DBS, OCBC, UOB, HSBC, and more, saving hours.
Key benefits include real-time rate comparisons, eligibility calculators, and personalized broker support. Users report 30% better rates on average, thanks to competitive bidding. Read our guide on how to use Homejourney to compare bank rates for details.
Insider Tip: Timing Your Application
As a Singapore property expert, apply mid-week (Tuesday-Thursday) when bank officers have lighter loads. Pair with our mortgage calculator at https://www.homejourney.sg/bank-rates#calculator to pre-check eligibility.
3. How One-Click Loan Application Works
Our one click loan application simplifies the process: Log in with Singpass, input property details, and submit. Banks receive pre-verified data, responding within 1-3 days.
| Traditional vs Homejourney | Traditional | Homejourney One-Click |
|---|---|---|
| Time to Apply | 2-4 weeks per bank | 1 click, 1-3 days responses |
| Documents | Repeat uploads | Singpass auto-fill |
| Banks Reached | 1 at a time | All major banks |
Post-submission, track offers in your dashboard. Homejourney's transparency ensures no hidden fees.
4. Home Loan Eligibility and TDSR in Singapore
TDSR (Total Debt Servicing Ratio) limits loans to 55% of gross income, per MAS rules. For a S$6,000 monthly income, max debt is S$3,300. Use our calculator to simulate: A S$800,000 HDB loan at 3% over 25 years requires S$4,000 monthly income minimum.
Other criteria: Singapore citizen/PR, age 21-65, stable employment. HDB loans cap at 75-90% LTV; private properties at 75%. Homejourney verifies against HDB/URA data for accuracy.
- Documents Needed: NRIC, income slips (3 months), CPF statements, property Option to Purchase.
- Singpass Advantage: Auto-pulls data, cutting errors by 90%[1].
5. Understanding SORA and Current Mortgage Rates
SORA (Singapore Overnight Rate Average) replaced SOR in 2023, pegging most floating loans. In 2026, 3M SORA averages 2.8-3.2%, per MAS. Fixed rates start at 3.0% for 2-3 years.
The chart below shows recent interest rate trends in Singapore:
As seen, SORA peaked at 3.1% in Q4 2025 but stabilized. Track live rates on Homejourney at https://www.homejourney.sg/bank-rates.
Rate Types Comparison
| Type | Pros | Cons | Best For |
|---|---|---|---|
| SORA Pledged | Lower effective rate (2.9% avg) | Requires CPF pledge | HDB buyers |
| Fixed | Predictable payments | Higher initial rate (3.5%) | Risk-averse |
| Board Rate | Flexible | Less transparent | Existing customers |
6. Major Banks: Products, Rates, and Homejourney Integration
Homejourney partners with 11 major banks for seamless multi-bank application. Compare instantly on our platform.
DBS Bank
Market leader with SORA Pledged at 2.9% + 0.5% spread (effective 3.4%). Strong for HDB loans. Apply via Homejourney for instant comparison.
OCBC Bank
ExtraCash Loan at 3.0% fixed for 2 years. Excellent digital app with Singpass[6]. Best for young professionals.
UOB
Personal Loan from 1.52% p.a.[1], home loans at SORA +0.6%. Fast approval[8].
Similar profiles for HSBC (global expertise), Standard Chartered (CashOne instant[3]), Maybank, CIMB (low income threshold[10]), RHB, Public Bank, Hong Leong, Citibank. Full details at https://www.homejourney.sg/bank-rates. Let banks compete—receive top offers.
7. Step-by-Step Multi-Bank Application Guide
- Visit Homejourney: Go to https://www.homejourney.sg/bank-rates, calculate eligibility.
- Singpass Login: Auto-fill details[1].
- Enter Property Info: Price, downpayment.
- One-Click Submit: To all banks.
- Review Offers: Compare in dashboard.
- Accept Best: E-sign securely.
Processing: 1-3 days[2][3]. See our Singpass guide.
8. Refinancing with One-Click Applications
Refinance if rates drop 0.5% below current. Costs: 1.5% penalty if within lock-in. Homejourney simplifies: One application triggers multi-bank quotes. Ideal for 2026 SORA dips.
9. User Safety and Trust on Homejourney
We verify partners, encrypt data, and incorporate feedback for continuous improvement. No data selling—your info stays secure. Disclaimer: Not financial advice; consult professionals.
Next Steps: Start at https://www.homejourney.sg/search for properties, then apply loans. Connect with our mortgage brokers for guidance.
10. FAQ: One-Click Loan Applications
Q: What is a one-click loan application?
A: Homejourney's feature to submit one form to all major banks simultaneously for fast approvals.
Q: Which banks are included?
A: DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank, CIMB, RHB, Public Bank, Hong Leong, Citibank.
Q: Is Singpass required?
A: Yes, for secure auto-fill and faster processing[1].
Q: How long for approvals?
A: 1-3 days for initial offers[2][4].
Q: Can I use it for refinancing?
A: Yes, compare new rates effortlessly.
Q: Is it free?
A: Yes, Homejourney charges no fees; banks may have standard costs.
Explore more in one-click benefits. Homejourney: Your safe path to property ownership.
References
- Singapore Property Market Analysis 1 (2026)
- Singapore Property Market Analysis 6 (2026)
- Singapore Property Market Analysis 8 (2026)
- Singapore Property Market Analysis 3 (2026)
- Singapore Property Market Analysis 10 (2026)
- Singapore Property Market Analysis 2 (2026)
- Singapore Property Market Analysis 4 (2026)
