UOB features a variety of home mortgage packages for HDB flat owners, providing a substitute for the HDB Concessionary Financial loan. Their offerings include both fastened-charge and floating-price deals, that happen to be usually pegged to the 3-Month Compounded SORA. For example, a advertising offer may well offer a price of 3-Month Compounded SORA + 0.70% p.a. for the initial two yrs, using a minimum financial loan dimension of S£250,000. For a set-amount alternative, fees might be as little as more info 2.28% for the two-calendar year lock-in period. Eligibility for your UOB loan is matter to Assembly the full Debt Servicing Ratio (TDSR) of 55% together with other credit rating requirements. UOB also offers a singular "Go Inexperienced Dwelling Mortgage" for Houses having a BCA Eco-friendly Mark certification, giving income rebates. Also, They're recognized for a minimal valuation cost of just S£a hundred and fifty furthermore GST and supply a bridging mortgage option for homeowners transitioning among Qualities.