Because you repay their home loan, you’ll gradually build security in your property. An increase in your property well worth may also increase the fresh collateral you could benefit from. You might borrow secured on you to equity when you need dollars, playing with a term financing, an overdraft (to have industrial assets simply) or a mixture of one another.

Take pleasure in versatile choices to pay down your loan partially otherwise personalize your loan to make sure you earn the most from it.

• SORA Promotional Restricted tranche for new Direct-to-Bank* customers simply
• Repaired Rate

• Above costs quoted is a sign and you may legitimate to own completed attributes inside the Singapore, for brand new buy otherwise refinancing away from an alternative financial/HDB.
• Costs try subject to min. loan dimensions.
• Rates and you may experts simply end up being verified abreast of issuance off Page off render. New Letter off Give will consist of like conditions and terms just like the UOB might require regarding for every single assets financing.
• 3M Compounded SORA is the step 3-Day Compounded SORA which is penned into MAS’ website. Comprehend the small print

• Above prices cited was indicative and you will valid getting done residential properties in Singapore, for brand new pick otherwise refinancing payday loans Monte Vista regarding another type of bank/HDB.
• Pricing try at the mercy of minute. financing size.

*Financing Online Exclusive promotion is not appropriate that have broker recommendations, Expose A friend, invited back and/or alternative party suggestion percentage, and you may shall never be relevant to people who’ve acquired other benefits, and/or administrative concessions out-of UOB for the his/her current otherwise the brand new possessions financing(s) (and additionally, although not limited, so you can a good waiver otherwise reduced total of people percentage payable or penalty incurred by the candidate(s)).

# As a result, when the the brand new redemption of your own Mortgage is born to selling of the house which redemption is within the Lock in Period, the fresh redemption fee could be quicker of the fifty% at the mercy of UOB’s bill away from satisfactory documentary proof the newest income of the house. Likewise, the Debtor might be eligible for a reimbursement of the smaller redemption commission paid back so you can UOB in the event your Debtor fulfills next conditions:(i) the Debtor allows a new financing off UOB where brand new the amount borrowed is equal or higher versus used mortgage amount;(ii) like the new mortgage try recognized by Debtor within this six months of date of redemption of your Mortgage;(iii) the fresh Borrower furnishes a signed copy of the Page away from Give; and(iv) such as for example almost every other condition(s) just like the tends to be dependent on UOB.

^ As a result no prepayment punishment is applicable towards the earliest prepayment demand produced a year inside the Secure several months and the prepayment count for instance consult are limit in the 20% of your own unique amount borrowed.

Complete the loan app on the web now and our banker is in contact with you to definitely show a lot more about exclusive home loan prices and you can advertisements readily available.

Conditions and terms

# This is why, in the event that the fresh new redemption of the Loan is born to help you sales of the house and that redemption is in the Lock in Months, the brand new redemption commission will be reduced of the fifty% susceptible to UOB’s acknowledgment from satisfactory documentary proof of the brand new deals of the house. In addition, the brand new Debtor could be qualified to receive a reimbursement of reduced redemption percentage paid down to help you UOB if for example the Debtor fulfills next conditions:(i) the latest Borrower allows an alternative financing of UOB of which the newest the loan amount try equal or even more versus redeemed loan amount;(ii) for example the fresh new mortgage is acknowledged by Debtor inside half a year away from time of redemption of one’s Financing;(iii) the new Debtor furnishes a finalized content of your own Letter regarding Bring; and(iv) such as for example almost every other standing(s) just like the tends to be dependent on UOB.

^ Thus no prepayment punishment might be relevant into first prepayment demand made annually when you look at the Lock in period therefore the prepayment amount to own such as for example request was cap in the 20% of your own brand spanking new loan amount.