UOB features several dwelling bank loan deals for HDB flat house owners, furnishing an alternative to the HDB Concessionary Mortgage. Their offerings incorporate both fixed-charge and floating-fee offers, which might be generally pegged to the three-Month Compounded SORA. As an example, a promotional offer may offer a level of three-Month Compounded SORA + 0.70% p.a. for the first two many years, with a minimum amount bank loan dimension of S£250,000. For a fixed-level solution, charges is usually as low as two.28% for any two-calendar year lock-in time period. Eligibility for your UOB mortgage is subject to Conference the entire Credit card debt Servicing Ratio (TDSR) of fifty five% as well as other credit history requirements. UOB also offers a unique "Go Green Residence Personal loan" for properties read more having a BCA Eco-friendly Mark certification, delivering funds rebates. Moreover, they are noted for a very low valuation cost of just S$150 additionally GST and provide a bridging loan selection for homeowners transitioning concerning Attributes.