UOB presents many house mortgage packages for HDB flat proprietors, supplying an alternative to the HDB Concessionary Loan. Their choices involve both equally fastened-charge and floating-price offers, which are normally pegged to your 3-Thirty day period Compounded SORA. For illustration, a advertising package deal may present you with a fee of 3-Month Compounded SORA + 0.70% p.a. for the very first two decades, that has a minimal personal loan measurement of S$250,000. For a set-rate selection, prices is often as low as 2.28% for a two-12 months lock-in period. Eligibility for click here the UOB loan is matter to Conference the entire Credit card debt Servicing Ratio (TDSR) of fifty five% along with other credit history specifications. UOB also provides a novel "Go Environmentally friendly Residence Financial loan" for properties using a BCA Inexperienced Mark certification, furnishing money rebates. Also, they are known for a minimal valuation price of just S£a hundred and fifty plus GST and provide a bridging mortgage option for homeowners transitioning among Houses.