UOB gives many property loan packages for HDB flat homeowners, offering an alternative choice to the HDB Concessionary Bank loan. Their offerings involve both equally fixed-charge and floating-level deals, that happen to be generally pegged into the three-Thirty day period Compounded SORA. As an illustration, a promotional deal could present you with a fee of three-Month Compounded SORA + 0.70% p.a. for the first two decades, that has a minimum loan measurement of S£250,000. For a set-amount choice, fees can be as low as two.28% for a two-year lock-in interval. Eligibility for the UOB loan is issue to Assembly the entire Debt Servicing Ratio (TDSR) of 55% and various here credit rating prerequisites. UOB also offers a novel "Go Inexperienced Property Loan" for Houses which has a BCA Inexperienced Mark certification, furnishing hard cash rebates. Moreover, they are known for a lower valuation price of just S$one hundred fifty in addition GST and provide a bridging personal loan choice for homeowners transitioning amongst Homes.