UOB gives various residence financial loan deals for HDB flat homeowners, offering an alternative to the HDB Concessionary Loan. Their choices contain each preset-amount and floating-charge offers, which happen to be often pegged for the three-Thirty day period Compounded SORA. As an illustration, a promotional offer may well give you a rate of three-Month Compounded SORA + 0.70% p.a. for the 1st two several years, with a least mortgage sizing of S$250,000. For a hard and fast-price possibility, charges can be as low as two.28% to get a two-12 months lock-in period. Eligibility for the UOB personal loan is matter to Conference the Total Credit card debt Servicing Ratio (TDSR) of fifty five% along with other credit history specifications. UOB also offers a singular "Go Environmentally friendly House Financial loan" for Attributes having a BCA Inexperienced Mark certification, furnishing money rebates. Moreover, They more info are really noted for a reduced valuation payment of just S$one hundred fifty moreover GST and supply a bridging loan option for homeowners transitioning in between Qualities.