We may often be advised by our parents that we should avoid excessive borrowing as this would create extra financial burden in the future.
标签: mortgage loan
【Guide for First-time Homebuyers】 “The Provisional Agreement” VS “The Formal Agreement”
When drafting the Provisional Agreement, the real estate agent will include some basic information pertaining to the property’s mortgage status.
【All-in-One Guide for HOS Flat Mortgage】 New HOS Flats VS WSM Flats
The Government is currently providing a mortgage default guarantee in respect of HOS flats covering 30 years from the date of the transaction.
【Guide for HOS Flats】7 Must-Read FAQs for Premium Payment
Upon the payment of the premium, the HOS flat owner will receive a Certificate for Removal of Alienation Restrictions.
An All-in-One Guide for Applying a Mortgage with 90% LTV Ratio
An All-in-One Guide for Applying a Mortgage with 90% LTV Ratio
【Acquiring Your First Property】 An 8-Step Guide to Purchasing a Second-hand Property
【Acquiring Your First Property】 An 8-Step Guide to Purchasing a Second-hand Property
How to get the Best Deal while Buying Hong Kong Properties through a Company?
How to get the Best Deal while Buying Hong Kong Properties through a Company?
【Reduce Property Market Curb Measures】Down Payment and Mortgage Repayment after Relaxing Mortgage Rules
【Reduce Property Market Curb Measures】Down Payment and Mortgage Repayment after Relaxing Mortgage Rules
[Alternative Investment] Guide when applying for mortgage for car parking space
Private car parking spaces in Hong Kong have become a target for investors, especially since demand outstrips supply.
Comprehensive Buyers’ Guide to Obtain 90 percent Home Mortgage Loan
Tom: “The government has relaxed mortgage insurance schemes, thus paving the way for more properties to become eligible to apply for and obtain mortgage loans of up to 90 per cent of the value of a flat. But is it difficult to apply for a mortgage loan?”
Does credit rating affect mortgages?
A personal credit rating is a reference indicator that most banks use when processing and approving loan and mortgage applications.
What should you do if you receive lower valuation from banks?
Banks usually evaluate the market value of a property based on different factors, including the property’s location, views from the flat, on which floor it is located, and transaction records in the building when appraising the property.
How is the mortgage ratio calculated?
Applying for a mortgage loan is mainly divided into two categories: The first type is based on income, and the second type involves worth–based lending.
What documents are required to apply for a mortgage loan?
A) Applicants with fixed income(1) HKID cards of borrower and guarantor (if applicable)(2) Sale and Purchase Agreement (applicable to new mortgages)