UOB delivers numerous property financial loan deals for HDB flat homeowners, delivering an alternative choice to the HDB Concessionary Mortgage. Their choices include things like both equally mounted-charge and floating-rate deals, that happen to be usually pegged to the 3-Thirty day period Compounded SORA. As an example, a marketing package may well provide a amount of three-Thirty day period Compounded SORA + 0.70% p.a. for the 1st two a long time, using a minimal personal loan measurement of S$250,000. For a set-rate selection, prices is often as low as 2.28% for a two-yr lock-in interval. Eligibility for any UOB personal loan is topic to Assembly the Total Financial debt Servicing Ratio (TDSR) of fifty five% along with other credit history needs. UOB also provides a novel "Go Green Residence Personal loan" for properties using a BCA Inexperienced Mark certification, providing income rebates. Also, they are known for a minimal valuation cost of just S£a hundred and here fifty plus GST and provide a bridging mortgage option for homeowners transitioning amongst Houses.