United Overseas Bank was established in the year 1935 by a businessman named Datuk Wee Kheng Chiang. Back in those times, the bank was known as United Chinese Bank. United Overseas Bank has its headquarters in Singapore and has a widespread network in almost all the South East Asian countries. Currently, UOB bank is a leading bank in Asia.
United Overseas Bank offers different financial services that include personal financial services, corporate banking services, asset management services, private banking, venture capital, corporate finance, insurance services and investments. With more than five hundred offices in 19 countries in Western Europe, North America and Asia Pacific, United Overseas Bank offers products that cater to the needs and requirements of the consumers.
The bank offers several products and services that are innovative and customizable. They are tailored to meet the needs of the consumers. If you want to go for a property refinance, then you could very well choose the United Overseas Bank Property Financing option.
United Overseas Bank values its customers and cares about them a lot. With great products and services they have earned a lot of reputation and goodwill. The refinancing option offered by the United Overseas Bank comes with myriad benefits and perks which can definitely prove to be extremely beneficial for its customers.
You must understand certain things before you choose to refinance your home loan. If you have an existing loan, understand how much of the tenure is still left. Also, determine how long you actually wish to reside in your current home. The idea of refinancing is to lower the monthly instalments that you pay currently, in order to save more money. So, understand if you are saving substantially after refinancing. Refinancing will prove to be a good option for you only when the monthly repayments are lesser after the refinance. Sometimes, there are added costs or hidden charges that are associated with refinancing. Find out if there are any such costs by talking to the bank. Knowing the present value of your property is of utmost importance. Do thorough research and then take a call accordingly.