UOB features many residence financial loan deals for HDB flat proprietors, furnishing an alternative choice to the HDB Concessionary Loan. Their choices contain both of those fixed-fee and floating-level deals, which can be often pegged to your three-Month Compounded SORA. By way of example, a promotional bundle may give you a rate of 3-Month Compounded SORA + 0.70% p.a. for the primary two years, using a least loan dimension of S$250,000. For a fixed-fee possibility, prices could be as low as two.28% click here for just a two-calendar year lock-in interval. Eligibility for just a UOB personal loan is issue to Assembly the whole Financial debt Servicing Ratio (TDSR) of 55% as well as other credit requirements. UOB also provides a unique "Go Environmentally friendly Dwelling Personal loan" for Houses by using a BCA Eco-friendly Mark certification, supplying cash rebates. Additionally, they are recognized for a very low valuation fee of just S$150 plus GST and provide a bridging bank loan selection for homeowners transitioning in between Houses.