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If you are planning to sell your current flat, please visit the HDB website to find out how to get a valuation on your property. With the UOB HDB Home Loan, you enjoy maximum interest savings, flexibility, convenience and a host of other benefits. The bank is powered by strong front line of customer service which can be reachable easily from anywhere around the country. You can as well reach the bank’s customer service from abroad by calling a specific number or sending your inquiries via electronic mails. Repayment can also be stretched over a period of up to 30 years, or up to 65 years of age . You can pay more than your monthly installment to save more interest.
Acceptable collateral are single houses, twin houses, town houses, shop houses, and residential condominiums. The minimum loan amount is THB 500,000 while the maximum loan is up to THB 50,000,000. For Construction, the maximum loan is 85% of appraised land value and construction value (70% for land value and 100% for construction value). For 2nd hand house, the maximum loan is % of the appraised value and 80-90% for upcountry (For Condominium, maximum loan is % of the appraised value and 75-90% for upcountry).
Insurance & Investment
If you need a quick response, it’s considerable to call the number shown on the procedure of how to contact UOB Bank above . Or, simply go to the nearest bank branch to get a help from the customer service officer directly. For a more tech-savvy method, reaching out via the bank’s social media is also doable. With all of the aforementioned hotlines and address, the bank will try to provide the quickest response towards your questions. Generally, you will get your answer within three business days this applies for enquiries sent via form. It may take longer if you write your questions through a letter.
Other benefitsSubmit your application online & our banker will be in touch with you to share more on our limited time promotional offers. Valid only for direct applications without third party referrals. T&Cs apply.Additional notesPromotional rates are available for a limited period and only valid for completed residential properties in Singapore, for your new purchase or refinancing from another bank/HDB. Subject to minimum loan size.Pegged to the 3-month Compounded SORA that is published onMAS' website.
#11. UOB Singapore City Plaza Branch
Choose from our wide range of loan packages to suit your financing needs. Application must be submitted online during the Promo Period by clicking the “Apply Now” button above. Letter of Offer issued by UOB in connection with the application submitted for the property loan must be accepted by 30 December 2022. Bring home up to S$3,000 worth of cash and gift card (inclusive of S$2,200 in cash for refinancing), available exclusively when you apply online. On the last feature, we are probably the few, if not the only, mortgage broker in town who would tell you this. If you choose to apply direct to the bank, it means no business for us.
The monthly repayments are only on the interest charged, with no repayment on the Principal amount, which is repaid in full at end of the tenor. The principal amount can be repaid using either cash or CPF, subject to the CPF Withdrawal Limit. The quantum for a bridging loan is determined by the nett proceeds from the sale of the property. A bridging loan provides short-term financing to complete the purchase of a new property before the homebuyer receives the proceeds from the sale of their existing property.
#51. UOB Privilege Banking Centre – Raffles Place
If the permitted residential property purchased is under construction, you can opt to pay your instalments based on the disbursed loan amount until the Temporary Occupation Permit is issued. Thereafter the instalments will be calculated based on the outstanding over the outstanding loan duration. Since 2014, MortgageWise.sg has provided thought leadership in the mortgage planning space in Singapore, seeking to build trust with clients over the longer term rather than product-peddling for quick one-time deals. So, be it to refinance home loan, or if you are looking to buy Singapore condo, speak to our dedicated team of mortgage consultants here for the best home loan rates. The loan repayment schedule for the loan package that you have chosen is available in either hard copy or soft copy in the form of a home loan calculator on the bank's website. The BR can be changed by the bank anytime, by giving 30 days' notice, depending on market conditions and/or changes in the financial indicator against which the BR is benchmarked.
Before you decide to upgrade to a larger or private property, you should speak to your bank to confirm how much you can borrow to upgrade to a new property. Stamp duty is a tax on executed document relating to properties or interest in properties . These documents include a lease, sales & purchase, gift or mortgage of property . If the permitted residential property purchased is completed with TOP issued, instalment will be payable upon the drawdown of the loan and the instalments calculated are based on the full loan amount and loan tenor. Enjoy preferential interest rates for abridging loan.Terms and conditions apply.
Digital Banking
In Singapore, UOB plays simply the market leaders role, when it comes to home loans, credit cards and loans for small businesses. With its extraordinary support, in 2011, it was honoured as the Best Retail Banker in Singapore and The Best SME banking group in the 10th International Excellence in Retail Financial Services Awards Program, organized by Asian Bankers. The 3 local banks collectively command more than 80% of the local mortgage market and most are familiar with their brands and have some sort of banking relationship with one or the other be it credit card or savings account. However, not all are familiar with their mortgage loan features which can be quite different and unique to each bank. Bridging Loans can be used for the purchase of private properties, HDB flats and Executive Condominums or ECs.
This will help guide you to determine the down payment amount needed to purchase a new property and if you can commit to the monthly mortgage repayments. For example, the maximum home loan quantum that you can borrow from a bank is determined by the Loan-to-Value ratio or LTV. The LTV considers three factors – the loan tenor, your age and the number of outstanding home loans you have. However, there is an exception if you are upgrading from your HDB flat. In such cases, the outstanding home loan on your HDB flat will not affect the maximum home loan amount for the new property as long as you can provide the necessary documentation to show that your flat has been sold. These include a copy of the approval letter by HDB and a copy of the Borrower’s letter of undertaking to complete the sale of the existing HDB flat.
Up to 35 years or 75 years of age at end of loan tenor, whichever is earlier, and remaining lease of at least 30 years at the end of loan tenor. Enjoy flexible options to pay down your loan partially or customise your loan to ensure you get the most out of it. Apply for a UOB Property Loan online and obtain instant approval1 within minutes. Get up to S$3,000 worth of rewards when you refinance with us or up to S$800 gift card when you take up a new loan.
Now that you know the benefits of a UOB HDB Home Loan, use our Loan Calculator to work out your monthly instalments. With a fairly good idea of your property value and the amount of financing required, find out what benefits you'll enjoy when you take up a UOB HDB Home Loan. Get a feel of the current market prices from recent HDB resale transactions.
The UOB HDB Home Loan gives you financing of up to 80% of the valuation of your property or outstanding loan . Our 2-in-1 loan that combines housing loan and overdraft facility at housing loan interest rates. If you are planning to buy a home or re-finance your housing loan, UOB Home Loan offer you attractive features and interest rate. You should apply for a Bridging Loan when applying for your Housing Loan.
Click on "APPLY NOW" to apply for a new UOB Home Loan with forms pre-filled by retrieving your personal information withMyInfo. Applications submitted between 8.30am to 9pm daily will be processed instantly. Applications received outside these times will be processed the next working day. With UOB Instant Home loan approval1, you can get an in principle approval online within minutes, in the comfort of your home. What's more, with the UOB Home Solution suite of tools, you can get instant credible valuation2 with the UOB Instant Valuation tool or determine the home loan amount you can afford with our Affordability Calculator.
Valuation subsidy is subject to clawback if the loan is repaid in full within 3 years from 1st loan disbursement date. If you already have an existing residential property loan, the refinancing is up to 100% of your loan outstanding, or 90% of the property market value, whichever is lower. If this is your first housing loan in Singapore, the financing is up to 75% of the purchase price or property market value, whichever is lower. Above rates quoted are indicative and valid for completed residential properties in Singapore, for new purchase or refinancing from another bank/HDB. Promotion is only valid for Private Residential Property, for new purchase or refinancing from another bank and selected loan packages only.
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