UOB gives several dwelling personal loan offers for HDB flat entrepreneurs, furnishing an alternative to the HDB Concessionary Personal loan. Their choices include things like both equally mounted-charge and floating-price offers, which happen to be generally pegged on the 3-Thirty day period Compounded SORA. By way of example, a advertising package may perhaps give you a price of three-Month Compounded SORA + 0.70% p.a. for the main two yrs, using a minimum amount bank loan size of S£250,000. For a fixed-amount choice, fees might be as little as 2.28% for your two-year lock-in period of time. Eligibility for a UOB bank loan is subject to meeting the overall Debt Servicing Ratio (TDSR) of 55% and various credit score necessities. UOB also provides a unique "Go Eco-friendly Household Loan" for Qualities that has a BCA Environmentally friendly Mark certification, offering dollars rebates. Additionally, They click here may be recognized for a very low valuation fee of just S$150 furthermore GST and provide a bridging mortgage choice for homeowners transitioning amongst Houses.