Chong Hing Bank offers HK dollar Bay Area mortgages

Wednesday, June 26, 2019

Chong Hing Bank (1111) announced mortgage loans in Hong Kong dollars at a preferential interest rate for permanent residents owing properties in the Greater Bay Area.

The bank could offer them Hong Kong dollar mortgages worth of either 50 percent of the property's estimated value, or HK$2 million, (depending on which one is lower), with a payment period of up to 10 years. Application fees are waived.