UOB gives many property loan packages for HDB flat homeowners, giving a substitute for the HDB Concessionary Loan. Their choices involve both fixed-price and floating-price offers, which can be usually pegged towards the 3-Thirty day period Compounded SORA. For illustration, a advertising package may well give a price of 3-Thirty day period Compounded SORA + 0.70% p.a. for the primary two a long time, with a least mortgage size of S$250,000. For a fixed-amount choice, premiums could be as little as two.28% to get a two-yr lock-in time period. Eligibility to get a UOB mortgage is matter to Assembly the here whole Credit card debt Servicing Ratio (TDSR) of 55% as well as other credit score demands. UOB also offers a novel "Go Environmentally friendly Dwelling Loan" for Attributes with a BCA Environmentally friendly Mark certification, furnishing hard cash rebates. Additionally, They are really recognized for a minimal valuation fee of just S$a hundred and fifty plus GST and provide a bridging financial loan selection for homeowners transitioning among Attributes.