Your home is the place where you can be yourself and express your true identity. You can relax after a day of hard work and spend time with your friends and family. Living in a rented house may be the ideal option for you at the moment but you will surely need to own a house of your own so that your loved ones will always have a roof over their heads even in your absence. If you do not want to spend a lot of money on private properties, you can always opt for the houses that are developed by the Housing Development Board of Singapore. You can opt for a HDB home loan, such as UOB HDB Home Loan, and purchase the HDB house of your choice.
UOB is one of the best banks in Singapore and one of the few local banks on the island. It is the preferred choice for Singaporeans when it comes to applying for loans, credit cards and a range of other financial products. UOB Home Loans are very popular with Singaporeans from all walks of life as they come with a variety of beneficial features. People can choose from a range of home loan products, including HDB home loans and they can get the required financing needed to purchase the house of their dreams. They also benefit from the excellent customer support and service offered by the bank.
Applying for a home loan is one of the most important decisions that you will take in your life and it is crucial that you choose right home loan suitable to your needs and requirements. You should opt for an affordable home loan product offered by a reliable bank and so it will be beneficial to you if you opt for UOB HDB Home Loan. You will enjoy attractive interest rates and various other features that will offer you with more value for your money. The features that you will enjoy with this loan include flexibility, convenience, and so on.
Note - In case you are planning to purchase a new flat, you can visit the website of HDB Singapore to check the prices. Alternately, if you are purchasing a resale flat, you can get an estimate of the price of the flat by looking at the sale of HDB flats in the recent past.
In order to be eligible for an HDB home loan from UOB, you should have a monthly income of minimum S$8,000.
Also, you can apply for this home loan product from UOB even if you:
When you apply for a UOB HDB Home Loan, you will most likely need to submit the following documents:
For Singapore Citizens and Permanent Residents:
You can refer your friends, family or acquaintances to apply for an HDB Home Loan from UOB and with each referral, you can get up to S$1,000 as a reward.
This offer is available only for existing customers of UOB.
How does the referral work?
|Accepted loan amount||Rewards offered|
|Less than S$1 million||S$300 worth TANGS Gift Card|
|S$1 million to less than S$3 million||S$750 worth TANGS Gift Card|
|S$3 million or more||S$1000 worth TANGS Gift Card|
The rewards are calculated based on each successful referral and a referral is considered as a success only when the referred customers accept the offer letter from the bank.
An UOB HDB Home Loan will offer you with different packages that will either have fixed rates, floating rates or both fixed and floating interest rates.
Yes, you can apply for an HDB Home Loan from UOB even if you are the owner of a private property.
No, this loan is only offered for the purchase of HDB properties in Singapore.
You can avail up to 80 % of the valuation or the purchase price of your HDB flat (new / resale), whichever is lower.
You need to have a minimum monthly income of S$8,000 to apply for this home loan from UOB.