UOB offers a variety of household financial loan offers for HDB flat homeowners, furnishing an alternative choice to the HDB Concessionary Loan. Their choices incorporate both equally set-charge and floating-price offers, which are often pegged into the 3-Month Compounded SORA. For instance, a advertising package deal might present you with a fee of 3-Thirty day period Compounded SORA + 0.70% p.a. for the initial two many years, which has a bare minimum loan dimensions of S$250,000. For a hard and fast-price possibility, costs can be as low as two.28% for any two-calendar year lock-in time period. Eligibility for your UOB mortgage is subject matter to meeting the overall Personal debt Servicing Ratio (TDSR) of 55% together with more info other credit necessities. UOB also provides a unique "Go Eco-friendly Dwelling Mortgage" for Homes which has a BCA Eco-friendly Mark certification, delivering hard cash rebates. Furthermore, These are noted for a low valuation payment of just S$one hundred fifty moreover GST and supply a bridging loan option for homeowners transitioning among Houses.