For example, if you purchased your HDB flat at $500,000 and its valuation at the point was $530,000, the Valuation Limit will be $500,000. This means that your Withdrawal Limit will be $600,000, or 120 per cent of the Valuation Limit. With UOB Instant Home loan approval, you can get an in principle approval online, in the comfort of your home within minutes.
~Applicable for a limited time only, promotion ends 30 December 2022. These are Normal banking branch Privilege banking centre Privilege reserve suite Wealth banking centre Branch with extended hours and Branch with Sunday banking. Here is the complete list of UOB Singapore branches with their address, contact numbers and opening hours. The publicly listed global standard bank employs more than employees and boasts its business network at the tune of US$235.4 billion .
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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. 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 is less than 30 years; and 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.
If you are expecting proceeds from the sale of your existing property, we can provide abridging loanto help you make the necessarydownpaymentfor your new home first. Submit your loan application online now and our banker will be in touch with you to share more about exclusive home loan rates and promotions available. For its mortgage business in Singapore, UOB offers extensive range of home loan packages which we can only highlight the best 3 packages in our opinion . Speak to our team of experienced mortgage consultants to get overview of all packages in the market. United Overseas Bank Berhad has charted growth over the years to establish itself as one of the leading foreign banks in Malaysia. Today, UOB operates 45 branches throughout Malaysia, making it the foreign bank with the largest branch network in the country.
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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 valuation report is required by the bank for you to refinance the property. The valuation report is provided by a professional valuation firm, which is appointed by the bank.
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.
#32. UOB Singapore Rochor Branch
It is processed and approved by UOB, and is subject to the applicable terms and conditions, including the necessary documentation verification and completion. The information and services may contain bugs, errors, problems or other limitations. We have no liability whatsoever for your use of any information or service. United Overseas Bank is one of the Big 3 banks in Singapore incorporated in 1935, with headquarters in Singapore. It has an unrivalled presence in Southeast Asia with a global network of more than 500 offices.
Aside from sending the form, another method is to directly visit the bank itself and ask for the customer service to help. With a UOB Home Loan, you can obtain financing of up to 80% of the purchase price or valuation price, whichever is lower. With UOB International Home Loan, not only will you enjoy greater flexibility in financing your home loan, you will also benefit from lower monthly instalments and bigger cash flow to accommodate life's greatest pleasures.
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.
UOB Malaysia are committed to providing financial services that put it right on course in achieving it mission. The UOB HDB Home Loan gives you financing of up to 80% of the purchase price or valuation of your property . When you sell your HDB flat, you can use the net sales proceeds to purchase your next property.
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.
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.
Property Tax is a tax on the property , and is payable by the owner whether or not the property is owner-occupied, rented out or vacant. Property Tax is calculated based on a percentage of the Annual Value of your property . The Association of Banks in Singapore's Consumer Guide on Home Loans is available and you are encouraged to get a copy from the bank and read it before committing to a loan. This guide is also available on the MoneySENSE and ABS websites in four official languages.
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