UOB delivers a variety of house bank loan packages for HDB flat owners, providing a substitute for the HDB Concessionary Mortgage. Their offerings involve equally set-charge and floating-rate offers, which are often pegged into the three-Month Compounded SORA. For instance, a marketing bundle might present you with a amount of 3-Thirty day period Compounded SORA + 0.70% p.a. for the primary two many years, which has a bare minimum loan dimensions of S$250,000. For a hard and fast-price possibility, costs can be as little as two.28% for the two-year lock-in time period. Eligibility to get a UOB personal loan is topic to meeting the full Credit more info card debt Servicing Ratio (TDSR) of fifty five% and other credit score prerequisites. UOB also offers a unique "Go Inexperienced Home Mortgage" for Houses with a BCA Eco-friendly Mark certification, delivering hard cash rebates. Furthermore, These are noted for a low valuation charge of just S$one hundred fifty as well as GST and supply a bridging personal loan selection for homeowners transitioning between Qualities.