Monday 21 May 2018

SRX MAKES APPLYING FOR A HOME LOAN QUICK AND EASY WITH MYINFO



SINGAPORE, May 17 (Bernama-BUSINESS WIRE) -- SRX, Singapore’s most comprehensive resource for real estate, today announced the launch of myHome Finance, a sophisticated home loan platform that enables users to access great home loan deals and complete a paperless application in five minutes.

myHome Finance, accessible through srx.com.sg or the mySG Home App takes the pain out of applying for a home loan by utilising the Government’s MyInfo platform to automatically complete nearly all of the loan application requirements. SRX marries this capability with an advanced artificial intelligence engine that helps users identify their preferred loan, along with the best rates on offer from its partner banks.

SRX Chief Technology Officer Jeremy Lee said, “Many people can save thousands by refinancing their home loan but are put off by the vast amounts of paperwork or online forms to complete. We’ve made the process quick and easy. All you need is your SingPass and you’re on your way to saving money in a matter of minutes.” Home buyers can also search for a new home on srx.com.sg then easily apply for a new loan using myHome Finance.

SRX is the first to utilise MyInfo for home loan applications with banks and other financial institutions. MyInfo was developed by Government Technology Agency. It is a government digital service for SingPass users to manage the use of their personal data when transacting online with participating government agencies and commercial entities.

myHome Finance is the latest in a series of innovations from SRX. The company was the first to make transparent computer-based home values freely available in Singapore, with its X-Value service. It also enables home-owners or property seekers to track the value of multiple properties and receive regular updates through its free mySG Home service, available online or in the mySG Home app. Jeremy Lee commented, “At SRX, our founding ethos was to apply big data and advanced technology to make transacting real estate transparent and efficient. We’re proud to continue to lead the industry forward to this goal.”

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