UOB provides several house mortgage packages for HDB flat owners, supplying a substitute for the HDB Concessionary Personal loan. Their offerings consist of both fastened-fee and floating-price deals, that happen to be usually pegged to the 3-Thirty day period Compounded SORA. As an illustration, a promotional deal might present you with a price of 3-Month Compounded SORA + 0.70% p.a. for the very first two a long time, having a bare minimum bank loan size of S$250,000. For a hard and fast-fee alternative, rates is usually as low as 2.28% for a two-12 months lock-in interval. Eligibility for just a UOB mortgage is issue to meeting the overall Debt Servicing Ratio (TDSR) of 55% and various credit score necessities. UOB also provides a novel "Go Environmentally friendly Home Loan" for Qualities having a BCA Eco-friendly Mark certification, delivering get more info dollars rebates. Additionally, They're noted for a small valuation cost of just S$150 furthermore GST and supply a bridging financial loan choice for homeowners transitioning in between properties.