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    Mortgage
    Personal > Mortgage > Property Secured Overdraft Facility
    Property Secured Overdraft Facility

    All-rounded Superiorities brings you greater financial flexibility

    • Transforming property into an extra boost of cash
    • Revolving credit line allows flexible repayment
    • No minimum repayment required
    • Interest being calculated on the overdrawn amount is on a daily basis

    How Property Secured Overdraft Facility facilitate your financial needs?

    Mr Chan wishes to transform handy cash from his mortgaged property.Outstanding principal balance of the mortgaged property: HK$1,000,000 Valuation of the property: HK$5,000,000 Available Secured Overdraft Limit = 60%(1) of current valuation - Current outstanding principal of mortgage loan (If applicable)= HKD5,000,000 x 60% - HKD1,000,000 - HKD2,000,000(1) The loan-to-value ratio and maximum loan amount is subject to the prevailing guidelines issued by the Hong Kong Monetary Authority.

    Terms and Conditions

    The above information is for reference only. Please contact our staff for full details of the related terms and conditions.

    To borrow or not to borrow? Borrow only if you can repay!