UOB presents a variety of house mortgage offers for HDB flat homeowners, offering an alternative to the HDB Concessionary Loan. Their choices include things like both equally fastened-fee and floating-charge packages, that are often pegged into the three-Month Compounded SORA. For instance, a marketing bundle might present you with a amount of 3-Thirty day period Compounded SORA + 0.70% p.a. for the initial two years, which has a bare minimum loan dimensions of S$250,000. For a set-price possibility, charges can be as low as two.28% to get a two-calendar year lock-in period. Eligibility for your UOB mortgage is subject matter to meeting the whole Personal debt Servicing Ratio (TDSR) of 55% together with other credit demands. UOB also provides a unique "Go Eco-friendly Household Loan" for Homes that has a BCA Green Mark certification, offering dollars rebates. In addition, They can be noted for a small valuation charge of just S$150 in addition GST and supply more info a bridging financial loan selection for homeowners transitioning between properties.