UOB offers different property mortgage offers for HDB flat entrepreneurs, delivering an alternative to the HDB Concessionary Financial loan. Their choices incorporate both set-level and floating-rate packages, which might be often pegged for the 3-Month Compounded SORA. As an illustration, a advertising deal may perhaps offer a rate of three-Month Compounded SORA + 0.70% p.a. for the primary two several years, by using a bare minimum bank loan measurement of S$250,000. For a set-fee solution, prices is usually more info as low as two.28% to get a two-calendar year lock-in time period. Eligibility for a UOB financial loan is matter to Conference the entire Credit card debt Servicing Ratio (TDSR) of fifty five% together with other credit score necessities. UOB also provides a unique "Go Inexperienced Dwelling Mortgage" for Homes which has a BCA Green Mark certification, delivering hard cash rebates. In addition, They can be recognized for a small valuation rate of just S£one hundred fifty moreover GST and supply a bridging bank loan choice for homeowners transitioning among Qualities.