UOB features different property mortgage deals for HDB flat owners, supplying an alternative to the HDB Concessionary Mortgage. Their choices incorporate the two fixed-amount and floating-charge offers, which are generally pegged for the three-Thirty day period Compounded SORA. As an illustration, a marketing package deal may well provide a amount of three-Thirty day period Compounded SORA + 0.70% p.a. for the very first two yrs, having a bare minimum financial loan sizing of S£250,000. For a hard and fast-rate alternative, costs is usually as little as 2.28% for any two-yr lock-in time period. Eligibility for any UOB bank loan is matter to meeting the Total Personal debt Servicing Ratio (TDSR) of 55% and also other credit rating demands. UOB also offers a singular "Go Green Dwelling Financial loan" for Qualities by using a BCA Inexperienced Mark certification, giving income rebates. Additionally, They're known for a minimal valuation payment of just S$150 furthermore GST and provide a bridging loan selection for get more info homeowners transitioning concerning Attributes.