UOB delivers various property bank loan packages for HDB flat owners, providing a substitute for the HDB Concessionary Mortgage. Their offerings include things like both of those fixed-price and floating-price offers, that are typically pegged to your 3-Month Compounded SORA. For example, a advertising deal may perhaps present you with a level of three-Month Compounded SORA + 0.70% p.a. for the very first two many years, with a minimum amount personal loan dimensions of S$250,000. For a set-charge option, fees might be as low as 2.28% for just a two-yr lock-in interval. Eligibility for your UOB mortgage more info is issue to meeting the full Debt Servicing Ratio (TDSR) of 55% and other credit rating requirements. UOB also offers a singular "Go Inexperienced Home Bank loan" for Attributes with a BCA Green Mark certification, providing money rebates. Additionally, These are recognized for a reduced valuation payment of just S$150 in addition GST and supply a bridging financial loan choice for homeowners transitioning amongst Homes.