Refinance your home loan

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.

*Terms and Conditions:

• This Promotion is only valid from 1 April 2026 to 30 September 2026 (“Promotion Period”).
• Promotion is only valid for Private Residential Property, for new purchase or refinancing from another bank and selected loan packages only.
• Application must be submitted online during the Promotion 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 7 October 2026.
• Limited to one Sign up Gift per Letter of Offer accepted.
• Sign Up Gifts are on a first-come-first-served basis, whilst stocks last and subject to availability. UOB shall not be required to notify and/or update on the stock availability.
• The Letter of Offer shall contain such terms and conditions as UOB may require in relation to each property loan and S$2,000 or S$2,500 Cash applicable for refinancing.
• By participating in this Promotion and in addition to any other consent you have already provided to UOB and any right of UOB under applicable laws, you consent to UOB and the necessary third parties collecting, using and disclosing your personal data for the purposes of this Promotion and to contact you, including by voice call or text message.
• UOB may change these terms or suspend/terminate the Promotion without giving notice.
• Terms and conditions apply. (Private property home loan terms and conditions) (HDB home loan terms and conditions).

• 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.

Refinancing refers to replacing your current home loan from another bank with a new home loan package from UOB. Homeowners typically do this to secure more favorable terms such as lower interest rates to reduce the monthly instalments. You may wish to review your refinancing options when your lock-in period is ending, when market conditions change, or when you want to explore different home loan features and financing arrangements.

Your potential savings depend on your outstanding loan amount, remaining tenure, current rate, new package rate and refinancing costs. A mortgage specialist can help you compare your options and understand whether refinancing may be suitable for you.

You may incur legal and valuation fees, as well as early repayment penalties, depending on your current loan. Review these costs together with any potential interest savings and the terms of the new home loan package before deciding

A fixed rate home loan provides interest rate certainty for a specified period. A floating rate home loan is pegged to 3-month Compounded Singapore Overnight Rate Average (SORA) and may rise or fall with market conditions over time. The appropriate option depends on your individual circumstances, preferences and financial objectives.

The 3M Compounded SORA refers to the 3-month compounded Singapore Overnight Rate Average published by MAS. It is based on daily SORA rates over a historical 3-month period and is commonly used as a reference rate for floating-rate home loans in Singapore. For a SORA-pegged home loan, the applicable interest rate may change at each rate review, depending on the published 3M Compounded SORA and the bank’s package terms.

You may be able to refinance your HDB flat or private residential property loan, subject to eligibility criteria, property type and loan amount. If you switch from an HDB loan to a bank loan, you generally cannot switch back to an HDB loan.

You may need your latest loan statement, property details, income documents and other supporting information. Using Singpass or Myinfo may make the application process simpler where available.

Refinancing may take several weeks, depending on the time required for credit assessment, property valuation, legal documentation and notice requirements with your existing bank. Starting early may help you avoid unnecessary charges or delays.

You can submit an online application, review the indicative outcome and speak with a UOB mortgage specialist before deciding whether to proceed. Please read the Letter of Offer carefully before accepting.

You are committed only after you accept the Letter of Offer and meet the stated conditions. Review the terms, fees, lock-in period and repayment obligations before you accept.

Leave your contact details, or call UOB from 8am to 8pm at 1800 388 2121, or visit a UOB branch to speak with a home loan specialist.