UOB presents several residence financial loan deals for HDB flat entrepreneurs, providing a substitute for the HDB Concessionary Personal loan. Their offerings incorporate equally mounted-fee and floating-charge offers, which are normally pegged for the 3-Thirty day period Compounded SORA. For illustration, a promotional offer may well provide a level of three-Month Compounded SORA + 0.70% p.a. for the initial two yrs, having a bare minimum bank loan size of S£250,000. For a hard and fast-level option, charges is often as low as 2.28% for a two-year lock-in interval. Eligibility for a UOB loan is subject to Conference the overall Credit card debt Servicing Ratio (TDSR) of 55% as well as other credit requirements. UOB also provides a unique "Go Environmentally friendly Household Bank loan" for Qualities with a BCA Environmentally friendly Mark certification, giving income rebates. Furthermore, They're recognized for a reduced valuation rate of just S$one hundred fifty moreover GST and provide a bridging bank loan selection for homeowners transitioning uob hdb loan 110 26 among Houses.