UOB offers different house personal loan deals for HDB flat owners, furnishing an alternative choice to the HDB Concessionary Personal loan. Their offerings incorporate both mounted-level and floating-price packages, which happen to be usually pegged on the 3-Month Compounded SORA. For illustration, a marketing package might provide a charge of 3-Month Compounded SORA + 0.70% p.a. for the first two years, having a minimum loan sizing of S£250,000. For a fixed-rate possibility, premiums might be as little as 2.28% for just a two-yr lock-in period. Eligibility for the UOB mortgage is issue to meeting the full Debt Servicing Ratio (TDSR) of 55% and other credit score prerequisites. UOB also provides a novel "Go Inexperienced Dwelling Mortgage" for Attributes which has a BCA Eco-friendly Mark certification, supplying hard cash rebates. In here addition, They can be recognized for a very low valuation rate of just S£one hundred fifty moreover GST and supply a bridging financial loan choice for homeowners transitioning amongst Houses.