UOB gives numerous dwelling mortgage packages for HDB flat proprietors, offering an alternative to the HDB Concessionary Loan. Their choices incorporate equally set-rate and floating-level packages, which can be frequently pegged into the 3-Month Compounded SORA. For illustration, a marketing offer could present you with a level of three-Month Compounded SORA + 0.70% p.a. for the first two many years, using a bare minimum mortgage dimension of S$250,000. For a hard and read more fast-level alternative, rates might be as low as 2.28% to get a two-year lock-in period. Eligibility for your UOB bank loan is subject to Assembly the entire Personal debt Servicing Ratio (TDSR) of 55% and also other credit score demands. UOB also provides a unique "Go Eco-friendly Household Personal loan" for Qualities which has a BCA Inexperienced Mark certification, giving income rebates. Furthermore, They're recognized for a low valuation cost of just S£150 moreover GST and supply a bridging mortgage choice for homeowners transitioning concerning Qualities.