UOB gives several dwelling financial loan packages for HDB flat house owners, offering a substitute for the HDB Concessionary Mortgage. Their choices consist of equally set-rate and floating-charge offers, which can be generally pegged into the three-Month Compounded SORA. For illustration, a marketing deal may offer a rate of three-Month Compounded SORA + 0.70% p.a. for the initial two a long time, that has a least bank loan dimension of S£250,000. For a set-rate possibility, costs may be as little as 2.28% for your two-year website lock-in period of time. Eligibility to get a UOB mortgage is issue to Assembly the Total Credit card debt Servicing Ratio (TDSR) of fifty five% along with other credit history needs. UOB also provides a novel "Go Eco-friendly Property Personal loan" for properties by using a BCA Environmentally friendly Mark certification, providing money rebates. On top of that, They're known for a reduced valuation payment of just S$150 additionally GST and provide a bridging loan choice for homeowners transitioning involving Attributes.