1. Personal
  2. BORROW
  3. Property
  4. Mortgage Options
  5. Private Home Loan

Private Home Loan

  • Private Home Loan Online ExclusivePrivate Home Loan Online Exclusive

    UOB Private Home Loan Online Exclusive

    Get up to S$3,000 worth of rewards when you refinance with us or up to S$800 gift card when you take up a new loan.

    Private Home Loan Online Exclusive

    Apply now

    T&Cs apply

  • home solutionhome solution

    Secure your dream home faster with UOB Home Solution

    Make informed decisions on your dream home and avoid missed opportunities with our Instant Home Loan Approval1.

     

     

    1Terms and conditions apply.

  • Go Green Home LoanGo Green Home Loan

    Wake up to greener living with
    a UOB Go Green Home Loan

    Designed to support your needs not only for sustainable living but reducing ownership costs too.

    Go Green Home Loan

    Find out more

    Full terms and conditions apply.

  • SORASORA

    Home with SORA

    Welcome to the UOB 3-Month Compounded SORA Home Loan package that gives you better control of your finances.

    SORA

    Apply Now

Announcement: With effect from 15 November 2022, we will be revising the Standard Terms & Conditions Governing Credit Facilities (“the Standard Term”) for all property loans. Please click here for details.

Promotion

UOB Property Loans Online Exclusive

Apply for a UOB Property Loan online and obtain instant approval1 within minutes.

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.

Refinancing of Private Residential Property Loan from another financial institution

Criteria Sign Up Gift*
Min. S$450,000 home loan
(Completed Property Only)		 S$2,200 Cash^
Min. S$500,000 home loan~
(Completed Property Only)		 S$2,200 Cash^ and S$300 TANGS Gift Card
Min. S$1,000,000 home loan~
(Completed Property Only)		 S$2,200 Cash^ and S$600 TANGS Gift Card
Min. S$1,500,000 home loan~
(Completed Property Only)		 S$2,200 Cash^ and S$800 TANGS Gift Card

^Subject to min. Refi Housing Loan quantum of S$450,000. Refi Housing Loan is defined as a Re-financing Facility for the purchase of private residential property. S$2,200 Cash cannot be stacked with Legal & Valuation subsidies accorded under the Privilege Banking/Privilege Reserve Exclusive Promotion.

~Applicable for a limited time only, promotion ends 30 December 2022.

 

New purchase of Private Residential Property

Criteria Sign Up Gift*
Min. S$500,000 home loan~
(Completed Property Only)		 S$300 TANGS Gift Card
Min. S$1,000,000 home loan~
(Applicable for both Completed Property and Property Under Construction)		 S$600 TANGS Gift Card
Min. S$1,500,000 home loan~
(Applicable for both Completed Property and Property Under Construction)		 S$800 TANGS Gift Card

 

~Applicable for a limited time only, promotion ends 30 December 2022.

Choose from a range of competitive pricing packages with support from our dedicated mortgage bankers.
You can find out more about the UOB Property Loans Online Exclusive or our competitive pricing packages from our bankers!

Apply Now

 

For Singaporeans and PRs:
Click on "APPLY NOW" to apply for a new UOB Home Loan with forms pre-filled by retrieving your personal information with MyInfo. Applications submitted between 8.30am to 9pm daily will be processed instantly. Applications received outside these times will be processed the next working day.

For Foreigners and U.S. Persons:
Please leave us with your details so we can contact and assist you. (This does not constitute an online application and the sign up gift will not be applicable.)

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 15 November 2022 to 30 December 2022 (“Promo 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 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.
  • 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.
  • 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.
  • Full Terms and Conditions apply.

Home Loan Packages

Choose from our wide range of loan packages to suit your financing needs.
Enjoy flexible options to pay down your loan partially or customise your loan to ensure you get the most out of it.

  SORAPROMOTIONAL
Limited tranche for New Direct-to-Bank* customers only 		Fixed Rate
Year 1 3M Compounded SORA + 0.70% p.a. For fixed-rate or combination of fixed-rate and 3-Month Compounded SORA packages, please complete the Contact Us form here so that our Home Loan Specialists can be in touch with you within the next business day.
Year 2 3M Compounded SORA + 0.70% p.a.
Year 3 3M Compounded SORA + 0.80% p.a.
Year 4 and thereafter 3M Compounded SORA + 1.00% p.a.
Lock in period 2 years
Min Loan Size S$500,000
Special Features
  • 1 free conversion after 12 months from the date of first disbursement, subject to the terms and conditions in the Letter of Offer.
  • Flexibility to prepay^ your loan/sell# your property, subject to the terms and conditions in the Letter of Offer.
Other benefits Submit your application online & our banker will be in touch with you to share more on our limited time promotional offers. Valid only for direct applications without third party referrals.
Additional notes Promotional rates are available for a limited period and only valid for completed residential properties in Singapore, for your new purchase or refinancing from another bank/HDB. Subject to minimum loan size.
Pegged to the 3-month Compounded SORA that is published on MAS' website.  It is currently at 1.9280% p.a. (as at 27 September 2022). Find out more on SORA.

 

3M Compounded SORA refers to the 3-Month Compounded SORA that is published on MAS’ website.  It is currently at 1.9280% p.a. (as at 27 September 2022). Find out more on SORA.

Terms and Conditions

  • Above rates quoted are indicative and valid for completed residential properties in Singapore, for new purchase or refinancing from another bank/HDB.
  • Rates are subject to min. loan size.
  • Rates and benefits will only be confirmed upon issuance of Letter of Offer. The Letter of Offer shall contain such terms and conditions as UOB may require in relation to each property loan.
  • Rates and benefits are subject to changes without prior notice.

*This Promotion is not valid with agent referrals, Introduce A Friend, welcome back and/or third party referral payment, and shall not be applicable to individuals who have received other benefits, and/or administrative concessions from UOB on his/her existing or new property loan(s) (including, but not limited, to a waiver or reduction of any fee payable or penalty incurred by applicant(s)).

#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 prepayment penalty is payable if upon UOB’s receipt of the partial prepayment request during the Lock in Period, the outstanding Loan amount is less than S$200,000 or, as a result of the partial prepayment the outstanding Loan amount will be less than S$200,000.

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.

Apply Now

  • Above rates quoted are indicative and valid for completed residential properties in Singapore, for new purchase or refinancing from another bank/HDB.
  • Rates are subject to min. loan size.
  • Rates and benefits will only be confirmed upon issuance of Letter of offer. The Letter of Offer shall contain such terms and conditions as UOB may require in relation to each property loan.
  • Rates and benefits are subject to changes without prior notice.
Get the loan amount you need

Get the loan amount you need

Show moreShow less
A bridging loan for a smoother transition

A bridging loan for a smoother transition

Show moreShow less
  • Enjoy a loan of up to 75% of the purchase price of your new property, or the valuation of your new home, whichever is lower.

 

Show less
  • If you are expecting proceeds from the sale of your existing property, we can provide a bridging loan to help you make the necessary downpayment for your new home first. That way, you will not miss the chance to own your dream home.
  • Enjoy preferential interest rates for a bridging loan. Terms and conditions apply.

 

Show less

Other Common Questions

  • Attractive interest rates and flexible repayment options.
  • Provides up to 75% financing of the purchase price or valuation of your new property, whichever is lower.
  • Applicant(s) must be between the ages of 21 and 65.
  • Singapore Citizens, Permanent Residents and foreigners may apply.
  • Freehold Property
    Up to 35 years or 75 years of age, whichever is earlier. For example, if you are 25 years old now and buying a freehold property, the maximum loan period is 35 years. The loan duration plus the age of the applicant must be less than or equal to 75 years.
  • Leasehold Property
    Up to 35 years or 75 years of age at end of loan tenor, whichever is earlier, and remaining lease of at least 30 years at the end of loan tenor.
  • If the permitted residential property purchased is completed with TOP issued, instalment will be payable upon the drawdown of the loan and the instalments calculated are based on the full loan amount and loan tenor.
  • If the permitted residential property purchased is under construction, you can opt to pay your instalments based on the disbursed loan amount until the Temporary Occupation Permit (TOP) is issued. Thereafter the instalments will be calculated based on the outstanding over the outstanding loan duration.
  • Yes. However, for properties with a remaining lease of less than 30 years, CPF members are not allowed to use their CPF savings to service the monthly instalments or make direct payment to the property developer/vendor to buy a residential property.
  • Information on the use of CPF monies is available from the CPF website. 
  • Completed duly signed UOB Property Loan Application Form
  • Copy of NRIC/Passport of applicants
  • Income documents:
    • Latest computerised payslip/IR8A
    • Two years’ tax return (for self-employed applicants)
    • Two years’ commission statement (for commission based applicants)
  • Option to purchase
  • Latest CPF statement of account (if CPF usage is involved)
  • Latest CPF withdrawal statement for existing property (if applicable)
  • Option of sale for existing property (if applicable)
  • Prior to the approval of your home loan application, we will appoint a valuer to assess the market value of the property. If this valuation is lower than your purchase price, you would have to pay the difference in cash before any loan can be disbursed.
  • Yes. Fire insurance is required by the Bank to insure your property against fire.
  • UOB Home Loan offers wide range of home loan packages and flexible financing options to tailor your financial needs. Our packages include Fixed Rate package, Floating Rate Package and SORA-pegged rate package, or up to a combination of 2 of these packages. Please contact us for more details.
  • New Purchase
    If this is your first housing loan in Singapore, the financing is up to 75% of the purchase price or property market value, whichever is lower.
  • Refinancing
    If you already have an existing residential property loan, the refinancing is up to 100% of your loan outstanding, or 90% of the property market value, whichever is lower.
  • Before deciding which property to buy, you may find it useful to understand the relevant regulatory guides on foreign ownership of permitted residential property in Singapore. Foreigners are only permitted to acquire or purchase certain types of residential properties in Singapore. Please refer to the Singapore Land Authority’s website and Housing & Development Board’s website for the types of residential properties which foreigners may acquire or purchase in Singapore.

In addition to the property purchase price, you will have to make provision for the Legal Fee, Stamp Duty, Property Tax & Income Tax.

  • Legal Fee
    When buying property (including permitted residential properties), you need to engage a lawyer for legal contracts for the sale and purchase of the property (including permitted residential properties). You can request your Lawyer to give you an estimate of such stamp fees, legal fees and disbursements that will be incurred in the purchase of the property (including permitted residential properties).

  • Stamp Duty
    Stamp duty is a tax on executed document relating to properties (including permitted residential properties) or interest in properties (including permitted residential properties). These documents include a lease, sales & purchase, gift or mortgage of property (including permitted residential properties).
    To know more details and calculate your stamp duty, please log on to www.iras.gov.sg/irashome

  • Property Tax
    Property Tax is a tax on the property (including permitted residential properties), and is payable by the owner whether or not the property (including permitted residential properties) is owner-occupied, rented out or vacant. Property Tax is calculated based on a percentage (Tax rate) of the Annual Value of your property (including permitted residential properties). 
    To know more details and calculate your property tax, please log on to www.iras.gov.sg/irashome

  • Income Tax
    Rent received from the letting of property (including permitted residential properties) in Singapore is subject to income tax. Your rental income includes rent of the premises, maintenance, furniture and fittings. After deductions for allowable expenses (such as property tax), the net amount is taxable. 
    To know more details and calculate your income tax on rental, please log on to www.iras.gov.sg/irashome
  • Please leave your contact details and we will be in touch shortly, or call our UOB call center from 8am - 8pm at 1800 388 2121, or visit any UOB Group branch and speak to our Home Loans Specialist.

Apply Now

NEW! Secure your desired property with our Instant Home Loan approval1.

Apply Online

 

For Singaporeans and PRs:
Click on "APPLY NOW" to apply for a new UOB Home Loan with forms pre-filled by retrieving your personal information with MyInfo. Applications submitted between 8.30am to 9pm daily will be processed instantly. Applications received outside these times will be processed the next working day.  

For Foreigners and U.S. Persons:
Please leave us with your details so we can contact and assist you.

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.

Wealth Banking Clients Exclusive

Exclusively for Wealth Banking customers, enjoy additional valuation subsidy# of S$160.50 when you refinance your Private Home Loan (min. S$1million) with UOB. This is on top of other existing promotions. Terms and conditions apply.

#Promotion is valid from March to December 2022. Valuation subsidy is subject to clawback if the loan is repaid in full within 3 years from 1st loan disbursement date. The Letter of Offer shall contain such terms and conditions as UOB may require in relation to each property loan This Promotion is not valid with agent or broker referrals and not applicable for new purchase or where there is a transfer/part purchase done concurrently with the refinancing.

Privilege and Privilege Reserve Clients Exclusive

Enjoy additional legal and valuation subsidies when you refinance your Private Home Loan with UOB or take up a new Property Equity Term Loan. Terms and conditions apply*.

  1. Legal subsidy for refinancing of a Private Residential Home Loan/unencumbered gear up Term Loan: S$2,500 (subject to min. S$1million loan)
  2. Valuation subsidy for refinancing of a Private Residential Home Loan/unencumbered gear up Term Loan: up to S$500/S$750 (subject to min. S$1million/S$2million loan)
  3. Preferential Land and Construction Home Loan rates. Speak with our Client Advisors to find out more.

As a UOB Privilege Banking or UOB Privilege Reserve client, you will be able to –

  • Gain access to our Senior Property Specialists who are equipped with a wealth of industry experience to offer you financing advice and customised financing packages suited to your needs.
  • Leverage on our property financing expertise and market insights to get the advice you need and help you make informed decisions.
  • Get promotional interest rates for your new home loan. Plus, enjoy flexible penalty waiver terms when you sell your property~.

 

Contact our Senior Specialists at mortgagesales@uobgroup.com to discuss your unique financing needs. If you wish to review your existing UOB home loan, contact our Mortgage Relations team at pfs.loans@uobgroup.com.

*This Promotion is valid from March to December 2022. Subsidies are subject to clawback if the loan is repaid in full within 3 years from 1st loan disbursement date and cannot be stacked with S$2,200 Cash Reward awarded under the Refinancing or Property Loans Online Exclusive promotion. This Promotion is not valid with agent or broker referrals and not applicable to new purchase or where there is a transfer or part purchase done concurrently with the refinancing or equity term loan. This Promotion is not applicable to Property Loans involving the restructuring or re-pricing of existing property loans already taken out with UOB or Property Loans involving application for additional facility(ies) which shall be secured against property(ies) that is/are already mortgaged to UOB or Property Loans which are under the UOB’s Staff Housing Loans Scheme or where the property to be mortgaged to UOB is located or situated outside of Singapore. The Letter of Offer shall contain such terms and conditions as UOB may require in relation to each property loan.

~Flexible penalty waiver terms are for selected packages only and subject to the terms and conditions in the Letter of Offer and only applicable for new home loan sign-ups.

More Information

  • The loan repayment schedule for the loan package that you have chosen is available in either hard copy (on request) or soft copy in the form of a home loan calculator on the bank's website.
  • The Association of Banks in Singapore's (ABS) 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.

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.