UOB presents many house mortgage packages for HDB flat proprietors, offering an alternative choice to the HDB Concessionary Mortgage. Their choices involve both of those fastened-amount and floating-fee packages, which can be frequently pegged to the three-Month Compounded SORA. For example, a marketing bundle might present you with a amount of 3-Thirty day period Compounded SORA + 0.70% p.a. for the initial two years, that has a minimal personal loan measurement of S$250,000. For a set-level selection, prices is often as low as 2.28% for just a two-yr lock-in interval. Eligibility to get a UOB financial loan is topic to Assembly the full Financial debt Servicing Ratio (TDSR) of fifty five% and other credit rating prerequisites. UOB also offers a singular "Go Inexperienced Dwelling Mortgage" for Houses which has a BCA Environmentally friendly Mark certification, providing income rebates. Also, they are known here for a minimal valuation cost of just S£a hundred and fifty plus GST and provide a bridging mortgage option for homeowners transitioning amongst Houses.