UOB gives several property personal loan packages for HDB flat proprietors, delivering a substitute for the HDB Concessionary Mortgage. Their offerings consist of equally preset-price and floating-fee packages, which are usually pegged to the 3-Thirty day period Compounded SORA. For example, a promotional package may offer a charge of 3-Thirty day period Compounded SORA + 0.70% p.a. for the 1st two a long time, that has a least financial loan sizing of S£250,000. For a fixed-price selection, prices can be as little as two.28% for the two-year lock-in period of time. Eligibility for a UOB financial loan is topic to meeting the whole Debt Servicing Ratio (TDSR) of 55% as well as other credit necessities. UOB also offers a singular "Go Green Home here Financial loan" for Qualities with a BCA Inexperienced Mark certification, delivering cash rebates. Moreover, They're recognized for a very low valuation fee of just S£a hundred and fifty moreover GST and supply a bridging financial loan choice for homeowners transitioning amongst Homes.