UOB presents many house loan packages for HDB flat homeowners, providing an alternative choice to the HDB Concessionary Personal loan. Their offerings include things like both of those fastened-fee and floating-amount packages, which might be generally pegged into the three-Month Compounded SORA. As an example, a promotional offer may well give a fee of 3-Thirty day period Compounded SORA + 0.70% p.a. for the primary two many years, having a minimum amount bank loan dimension of S£250,000. For a fixed-rate possibility, costs might be as little as 2.28% for just a two-yr lock-in interval. Eligibility for any UOB personal loan is matter to Conference the entire Credit card debt Servicing Ratio check here (TDSR) of fifty five% and other credit rating needs. UOB also provides a singular "Go Inexperienced Household Loan" for Houses that has a BCA Eco-friendly Mark certification, furnishing income rebates. On top of that, they are recognized for a low valuation cost of just S£150 plus GST and supply a bridging financial loan selection for homeowners transitioning concerning properties.