UOB presents various residence bank loan deals for HDB flat homeowners, delivering an alternative choice to the HDB Concessionary Bank loan. Their offerings consist of each fixed-rate and floating-level deals, which might be typically pegged for the 3-Thirty day period Compounded SORA. By way of example, a advertising package may perhaps give you a price of three-Month Compounded SORA + 0.70% p.a. for the first two yrs, by using a minimum financial loan dimension of S£250,000. For a set-amount alternative, costs could be as little as two.28% for any two-year lock-in interval. Eligibility for just a UOB personal loan is topic to Conference the entire Credit card debt Servicing Ratio (TDSR) of fifty five% and also other credit demands. UOB also provides a unique "Go Eco-friendly Household Loan" for Homes which has a BCA Green Mark certification, delivering hard cash rebates. Furthermore, These here are noted for a reduced valuation payment of just S£a hundred and fifty plus GST and provide a bridging mortgage choice for homeowners transitioning amongst Houses.