UOB provides many residence financial loan deals for HDB flat homeowners, offering an alternative to the HDB Concessionary Loan. Their choices incorporate the two fixed-level and floating-amount packages, that are normally pegged on the three-Thirty day period Compounded SORA. By way of example, a promotional bundle may give a rate of 3-Month Compounded SORA + 0.70% p.a. for the primary two years, by using a minimum amount financial loan dimension of S$250,000. For a set-charge choice, fees might be as low as 2.28% for your two-year lock-in period of time. Eligibility to get a UOB personal loan is subject to Assembly the full Debt Servicing Ratio (TDSR) of 55% together with other credit score prerequisites. UOB also provides a unique "Go Eco-friendly Property Personal loan" for Qualities that has a BCA Environmentally friendly Mark certification, supplying income rebates. Also, They are really recognized for read more a minimal valuation payment of just S$a hundred and fifty as well as GST and provide a bridging mortgage selection for homeowners transitioning concerning Attributes.