Be rewarded with up to S$1,000* cash credit for every successful referral. T&Cs apply. Find out more.

UOB HDB Home Loan Online Exclusive

UOB HDB Home Loan Online Exclusive

It’s time to gift yourself the lovely things that you’ve been eyeing for your home.

Get up to S$3,000 worth of cash and TANGS Gift Card (inclusive of up to S$2,000 in cash for refinancing) when you apply online for a UOB Home Loan. Discover the perfect home loan solution for your HDB flat with our competitive rates and flexible home loan packages now!

Promotion ends 28 Feb 2025.

*T&Cs apply.

Apply now Request Callback

Benefits

Same day approval and acceptance

Same day approval1 and acceptance

Get an in-principle approval online within minutes, from the comfort of home.

Plus, let UOB Home Solution make your homebuying journey seamless. Calculate the loan amount you are eligible for and get an instant valuation2 of your property now.

Potential savings

Potential savings

Save on interest payment, receive cash rebate of $2,000* and 3-year complimentary fire insurance* when you refinance.

Flexible terms

Flexible terms

Enjoy a free package conversion after the loan lock-in period.

A bridging loan for a smoother transition

A bridging loan for a smoother transition

We can provide a bridging loan to help you make the necessary downpayment for your new home first.

Testimonials from our Customers

“It was a smooth process and bank personnel was extremely professional. It was a bliss in application.”

KM Thong
UOB Home Loans Client

“Adopted digital submission and declaration. UOB staff is friendly, responsive and patient to customer's query.“

SK Chea
UOB Home Loans Client

“Efficient process! Friendly and polite staff. Prompt in replying messages.“

LS Tan
UOB Home Loans Client

“Very pleased with how UOB mortgage specialist engaged with us and guide us in completing the refinance application processes.”

J Liu
UOB Home Loans Client

Things you should know

Terms and Conditions
chevron

1Instant approval refers to a conditional approval for a UOB Property Loan and is granted based on the information provided by the applicant. It is processed and approved by UOB, and is subject to the applicable terms and conditions, including the necessary documentation verification and completion.

2The indicative value is based on real-time proprietary data of CKS Property Consultants Pte Ltd, publicly available information and other third-party sources. We do not warrant the accuracy or completeness of the information and valuations. This valuation can be accepted by UOB for your Home Loan, subject to the full terms and conditions for a UOB Property Loan, and internal credit policies.

#This means that, in the event that the redemption of the Loan is due to sale of the Property and this redemption is within the Lock in Period, the redemption fee will be reduced by 50% subject to UOB’s receipt of satisfactory documentary evidence of the sale of the Property. In addition, the Borrower will be eligible for a refund of the reduced redemption fee paid to UOB if the Borrower fulfills the following conditions:(i) the Borrower accepts a new loan from UOB of which the new loan amount is equal or higher than the redeemed loan amount;(ii) such new loan is accepted by the Borrower within 6 months from date of redemption of the Loan;(iii) the Borrower furnishes a signed copy of the Letter of Offer; and(iv) such other condition(s) as may be determined by UOB.

^This means that no prepayment penalty will be applicable to the first prepayment request made per year during the Lock in period and the prepayment amount for such request is cap at 20% of the original loan amount.

Find out more information on the Standard Terms & Conditions Governing Credit Facilities here.

*Terms and Conditions:

  • This Promotion is not valid with third party referrals.
  • Only applicable for successful applications submitted from 1 September 2024 to 28 February 2025 and with the letter of offer accepted by  7 March 2025. .
  • UOB may vary or suspend or terminate this Promotion without notice. Full terms and conditions apply; please see T&Cs.
  • This publication is strictly for information purposes only and shall not be transmitted, disclosed, copied or relied upon by any person for whatever purpose. This publication is not an offer, recommendation, solicitation or advice to buy or sell any investment product. Nothing in this document constitutes accounting, legal, regulatory, tax, financial or other advice. You should consult your own professional advisors about issues discussed herein. While the information provided in this publication is believed to be accurate as at the date of publishing, UOB makes no representation or warranty, and accepts no responsibility or liability for its completeness or accuracy.
  • Before taking up a loan, please refer to the Basic Financial Planning Guide to ensure that you have taken the necessary steps to address your savings, insurance and investment needs.

Secure your desired property with us today

Secure your desired property with us today

Frequently asked questions

What could impact my cost of upgrading?
chevron

Home ownership is a long-term commitment that requires you to set aside a significant sum of money as a deposit and to then make regular mortgage repayments over the tenor of the loan. 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.
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.
With these documents, your bank can provide you with an In-Principle Approval so that you can have certainty on your eligible loan amount and monthly mortgage repayment amount. 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.
With UOB Instant Home loan approval, you can get an in principle approval online, in the comfort of your home within minutes.

If you want to purchase a second property and already have an existing housing loan on your current flat, you will only be allowed to borrow up to 45 per cent of the value of your new property. This is provided that at the point of application, the loan tenure (i) is less than 30 years; and (ii) does not extend past age 65. Should these criteria not be made, you will only be eligible to borrow up to 25 per cent of the value of your new property. You can approach our Mortgage banker for calculation and your eligible LTV.
When you sell your HDB flat, you can use the net sales proceeds to purchase your next property. The net sales proceeds received by homebuyers is less any outstanding loan balance and the amount of CPF plus accrued interest used for the existing 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.

The quantum for a bridging loan is determined by the nett proceeds from the sale of the property. The nett sales proceeds is calculated based on several components such as the selling price and outstanding loan balance for the existing property and the amount of CPF plus accrued interests that have been used for the existing property.
A bridging loan is a short term loan of up to a maximum of 6 months. The loan tenor is dependent on the needs of the customer.
The interest rate for a bridging loan is between 4% and 6% (accurate as of March 2023) and differs from bank to bank.

The maximum tenor for a bridging loan is six months and full repayment must be made by the end of that period. 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.
Generally, no prepayment fee is levied for early redemption of the Bridging Loan before maturity date.

Bridging Loans can be used for the purchase of private properties, HDB flats and Executive Condominums or ECs. Customers who require a bridging loan for the purchase of an Executive Condominium which is still under construction should apply for the loan under the Deferred Payment Scheme offered by the property developer.

You should apply for a Bridging Loan when applying for your Housing Loan. You may receive the approval for your bridging loan within two working days on condition that all necessary documents have been submitted.


More Promotions

Sweet home, sweeter rewards with a UOB Home Loan
PRIVATE HOME LOAN & HDB HOME LOAN

Sweet home, sweeter rewards with a UOB Home Loan

Get up to S$3,500 worth of cash and TANGS Gift Card (inclusive of up to S$2,500 in cash for refinancing) when you apply online for a UOB Home Loan. Discover the perfect home loan solution for your private property with our competitive rates and flexible home loan packages now!

*T&Cs apply.

Introduce a friend and be rewarded with up to S$1,000* cash credit
Refer A Friend

Introduce a friend and be rewarded with up to S$1,000* cash credit

Simply be an existing UOB customer to refer your friends or loved ones to finance their property with UOB Property Loans today.

*T&Cs apply

UOB Go Green Home Loan Promotion
Go Green Home Loan

UOB Go Green Home Loan Promotion

Take a step towards reducing your carbon footprint by applying for a UOB Go Green Home Loan online and get up to S$2,500* cash rewards.

*T&Cs apply.


Other services


Other services

You might be interested in

You might be interested in

We're here to help

Make TMRW yours, download now!