UOB gives numerous property financial loan deals for HDB flat homeowners, delivering an alternative choice to the HDB Concessionary Bank loan. Their offerings include equally fixed-level and floating-charge deals, which can be generally pegged towards the three-Thirty day period Compounded SORA. As an example, a advertising package deal could provide a charge of three-Thirty day period Compounded SORA + 0.70% p.a. for the primary two a long time, using a minimum loan size of S£250,000. For a fixed-amount selection, rates is often as low as 2.28% for your two-yr lock-in interval. Eligibility for the UOB loan is subject matter to meeting the overall Debt Servicing Ratio (TDSR) of 55% and other credit score prerequisites. UOB also provides a read more unique "Go Eco-friendly Property Financial loan" for Attributes having a BCA Eco-friendly Mark certification, delivering dollars rebates. On top of that, they are known for a low valuation charge of just S£a hundred and fifty moreover GST and supply a bridging bank loan option for homeowners transitioning in between Attributes.