UOB features different dwelling personal loan deals for HDB flat house owners, giving an alternative choice to the HDB Concessionary Mortgage. Their choices incorporate the two set-rate and floating-amount packages, that are normally pegged on the three-Thirty day period Compounded SORA. By way of example, a promotional bundle may give you a rate of 3-Month Compounded SORA + 0.70% p.a. for the primary two many years, having a minimum amount loan dimension of S£250,000. For a set-price option, premiums might be as low as 2.28% for a two-12 months lock-in period. Eligibility for just a UOB bank loan is subject to Assembly the full Financial debt Servicing Ratio (TDSR) of fifty five% along with other credit demands. UOB also provides a novel "Go Eco-friendly Property Personal loan" for Qualities by using a BCA Environmentally friendly Mark certification, supplying income rebates. Also, they are known for a low valuation charge of just S$a hundred and more info fifty plus GST and supply a bridging financial loan choice for homeowners transitioning amongst Homes.