UOB offers different residence mortgage deals for HDB flat proprietors, furnishing an alternative choice to the HDB Concessionary Loan. Their offerings include things like the two fastened-rate and floating-charge deals, which can be generally pegged towards the 3-Month Compounded SORA. As an illustration, a marketing package could give a amount of three-Month Compounded SORA + 0.70% p.a. for the initial two several years, by using a least bank loan measurement of S$250,000. For a hard and fast-fee selection, charges may be as little as 2.28% for a two-calendar year lock-in time period. Eligibility to get a UOB personal loan is issue to more info meeting the Total Credit card debt Servicing Ratio (TDSR) of fifty five% and various credit history specifications. UOB also provides a novel "Go Eco-friendly Household Bank loan" for Houses with a BCA Eco-friendly Mark certification, furnishing income rebates. Also, They're known for a lower valuation price of just S$one hundred fifty in addition GST and provide a bridging bank loan choice for homeowners transitioning amongst Homes.