Mortgage - BOCHK

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Planning with you
for your dream home!

For the “Key Facts Statement (KFS) for Residential Mortgage Loan”, please click here.

BOCHK “Home Expert” 
Tailored excellence for every home

BOCHK truly understands that you may have different housing needs at different life stages. We offer an array of professional consultation services, diversified mortgage solutions, and flexible repayment options to bring you an innovative experience. We plan with you throughout your journey via online and offline channels to help you realise your homebuying dreams with ease.

Customer Cases

Discover the homeownership journeys of six of our valued customers, from first-time homebuyers to experienced property owners, and even our long-term customer, Patrick Lam. Through their sharing, you can witness the professional, reliable, and digital-driven services of BOCHK mortgage.

Seamless Online to Offline Mortgage Experience

"I used the Home Expert APP to guide myself through my entire homebuying journey. The digital application process was smooth, paperless and efficient. My mortgage specialists promptly followed up and notified me as soon as my application was approved. The attentive service was fantastic!"

A long-term Mortgage Customer of BOCHK, Patrick Lam

*Video content is available in Chinese only.

Seamless Online to Offline Mortgage Experience

Your Trusted Partner in Starting a New Chapter Smoothly

"The professional mortgage specialist provided invaluable advice on the homebuying process and property loan to secure a mortgage in Hong Kong. They also offered personalised recommendations on payroll services, credit cards and payment methods to help us integrate into our new life in Hong Kong."

Talent Schemes Customer Mr Hua

*Video content is available in Chinese only.

Your Trusted Partner in Starting a New Chapter Smoothly

Digital Mortgage Homeownership Experience

"The "Home Expert" APP has been incredibly convenient for us as first-time property buyers. It offers a wealth of practical information and features, including a useful budget planning function. We can easily apply for a mortgage and upload required documents via the APP, making the entire process extremely convenient."

First-time Homebuyer Mortgage Customer, Miss Chung

*Video content is available in Chinese only.

Digital Mortgage Homeownership Experience

Professional Mortgage Specialists with Attentive Service

"At first, I really didn't know much about applying for a mortgage. My mortgage specialist patiently explained the application process and the documents needed in detail. When mortgage offers and terms are generally similar among banks, of course I would choose a professional, passionate and dedicated team!"

Home Ownership Scheme Mortgage Customer, Mrs. Leung

*Video content is available in Chinese only.

Professional Mortgage Specialists with Attentive Service

Greater Bay Area Home Flexible Services and Supports

"The mortgage specialist provided thorough explanations of the mortgage application process and key considerations. They gave honest opinions, compared mortgage differences between the two markets, and even shared the best approaches to help me decide on an instalment plan."

Considering Homebuying in the Greater Bay Area, Ricky

*Video content is available in Chinese only.

Greater Bay Area Home Flexible Services and Supports

Customer Cases

Seamless Online to Offline Mortgage Experience

A long-term Mortgage Customer of BOCHK, Patrick Lam

*Video content is available in Chinese only.

Your Trusted Partner in Starting a New Chapter Smoothly

Talent Schemes Customer Mr Hua

*Video content is available in Chinese only.

Digital Mortgage Homeownership Experience

First-time Homebuyer Mortgage Customer, Miss Chung

*Video content is available in Chinese only.

Professional Mortgage Specialists with Attentive Service

Home Ownership Scheme Mortgage Customer, Mrs. Leung

*Video content is available in Chinese only.

Greater Bay Area Home Flexible Services and Supports

Considering Homebuying in the Greater Bay Area, Ricky

*Video content is available in Chinese only.

Service Features

Achieve your homebuying dreams with ease

Professional Mortgage Specialists

Offer personalized consultation and mortgage solution that best suit your needs, with flexible consultation time and location at your convenience. You may also reach out to our “Online Customer Service” via “Home Expert” APP for instant enquires.

Comprehensive Mortgage Solutions

Offer an array of mortgage solutions to help realise your homebuying dream, whether it's a private property, government housing, village house, first-time property, flat-for-flat, an additional flat, or property top-up for liquidity.

Flexible Repayment Plan

Offer the choice of Prime Rate (P) or Hong Kong Interbank Offered Rate (HIBOR) as the mortgage repayment interest rate, and you can also set the repayment period to 2 weeks or 1 month, or even combined service plan (except designated mortgage plans). What’s more, you can enjoy preferential interest rate with repayment period up to 30 years.

Innovative Service Experience

The “Home Expert” APP enables you to keep abreast of the property trends, from Property Search, Property Valuation, Mortgage Assessment, Mortgage Application to Application status enquiry instantly. You may also visit our extensive branch networks and Mortgage Centres in person.

Mortgage Solutions

We truly understand your needs 
dedicated to planning with you

First-time Homebuyers

For the “Key Facts Statement (KFS) for Residential Mortgage Loan”, please click here.

Mortgage Insurance Programme

Owing your dream home with less down payment

Down payment of only 10%*
Loan tenor of up to 30 years
Insurance premium can be integrated into the loan amount

^*Only applicable to eligible homebuyers. For details, please refer to the latest information published by The Hong Kong Mortgage Corporation Limited/HKMC Insurance Limited. The loan amount and loan tenor depends on individual circumstances and is subject to final approval.

Mortgage Insurance Programme Case Sharing

Thomas plans to get married with his girlfriend and they want to own a Japanese style dream home, however, with limited budget on hand, how can they fulfil their dream of home ownership?

Property Value
HK$5,000,000

Loan Tenor
30 Years (360 months)

General Mortgage Plan

Mortgage Insurance Programme

Loan-to-value Ratio
(Mortgage Loan up to)

70%

90%

Eligible Loan Amount

HK$3,500,000

HK$4,500,000

Down Payment Amount

HK$1,500,000

HK$500,000

Savings on Down Payment
HK$1,000,000

The above example is for reference only. Customers shall meet the application and approval requirement of the Mortgage Insurance Programme. Bank of China (Hong Kong) Limited's final approved mortgage amount, interest rate and applicable terms shall be final.
The above is subject to terms and condition, please click here for details.

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

For the “Key Facts Statement (KFS) for Residential Mortgage Loan”, please click here.

Government Housing Scheme

Enjoy high loan amount and achieve homeownership with ease

Loan amount of up to 90% - 100%^* of purchase price
With repayment tenor of up to 30 years
You may flexibly increase your instalment amount or make repayment without handling fee
Simple application steps

^*Tenant Purchase Scheme with loan amount of up to 100% of purchase price (excluding the deposit / Intention Money paid to the Hong Kong Housing Authority); Green Form Home Ownership Scheme applicants with loan amount of up to 95%; White Form Home Ownership Scheme applicants with loan amount of up to 90%

Government Housing Scheme Mortgage Plan Case Sharing

Mr. Li purchased a property via Green Form Home Ownership Scheme at the Primary Market and applied for Government Housing Scheme

Property Value
HK$2,000,000

Loan Tenor
30 Years (360 Months)

Loan-to-value Ratio
95%

Government Housing Scheme

Annual mortgage interest rate

4.125% (P – 1.75%)¹

Loan-to-value Ratio

95%

Down Payment Amount

HK$100,000

Monthly repayment Amount

HK$9,208

Mortgage Amount of up to
HK$1,900,000

Annual mortgage interest rate is quoted for reference only. P is the Hong Kong Dollar Prime Lending Rate quoted by Bank of China (Hong Kong) Limited (“The Bank”) from time to time.

The above information is for reference only. The Bank may at its absolute discretion approve or reject any application for credit facilities and mortgage and may decline any application without assigning any reason. The credit facilities and mortgage shall be subject to the terms and conditions set out in the facility letter and mortgage documents.
The above is subject to terms and condition, please click here for details.

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

For the “Key Facts Statement (KFS) for Residential Mortgage Loan”, please click here.

Green Mortgage Plan

Green Mortgage Plan, let’s collaborate to sustain a green living

Applicable to first-hand/second-hand private and government subsidized residential projects that have received the BEAM Plus Platinum or Gold Rating issued by Hong Kong Green Building Council
Experience Paperless, Digital Mortgage Service and protect the environment with low-carbon usage
Enjoy preferential cash rebate/ rewards

The above products, services and offers are subject to the relevant terms and conditions. Please click here for details.

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

For the “Key Facts Statement (KFS) for Residential Mortgage Loan”, please click here.

Reverse Mortgage Programme

Receive regular payouts and secure lifetime home residence

Enables you to use your residential properties in Hong Kong as security and convert them into monthly and/ or lump-sum payouts
Secures your lifetime home residence
No repayment in your lifetime^# and no penalty for early full repayment
Six-month cooling-off period^*

^#Customer does not need to repay the outstanding loan amount during their lifetime, unless the policy reverse mortgage loan is terminated under specific circumstances.

^*If a reverse mortgage loan is terminated for whatever reason within the first 6 months, a refund and waiver of mortgage insurance premiums will be given. However, the borrower is still required to bear the accrued interest, financed fees (if any) and the relevant fees in relation to the termination of the reverse mortgage loan.

Reverse Mortgage Programme Case Sharing

An elderly, as a single borrower applies for a fixed-rate mortgage plan for his residential property in Hong Kong as security to obtain reverse mortgage loan. He receives monthly payouts and resides in the same property for the rest of his life.

Age
70

Property value
HK$4,000,000

Mortgage Plan
Fixed-rate Mortgage Plan¹

Payment Terms

Monthly payout amount with the specified property value of HK$4,000,000

10-year

HK$24,040

15-year

HK$17,920

20-year

HK$15,560

Life

HK$14,600

The above monthly payout under the fixed-rate mortgage plan is calculated at the interest rate of 3% p.a. for the first 25 years and the Hong Kong Prime Rate minus 2.5% p.a. thereafter, and is for reference only. The fixed interest rate and the Hong Kong Prime Rate will be determined by The Hong Kong Mortgage Corporation Limited ("HKMC") and HKMC Insurance Limited ("HKMCI") from time to time respectively.

The above information is for reference only and not complete, customers should fulfil the application and approval requirement. For details of Reverse Mortgage Programme (“RMP”), please call Bank of China (Hong Kong) Limited ("the Bank") ’s hotline on +852 2278 3399 or refer to RMP’s information and relevant documents published by HKMC.
The above products, services and offers are subject to terms and conditions, please click here for details.
The Bank, HKMCI and HKMC reserve the right to amend, withhold and/or cancel the above products, services and relevant terms and conditions at its discretion.

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

Policy Reverse Mortgage Programme

Provide stable payouts

Enables you to use your life insurance policy as collateral and convert it into monthly and/ or lump-sum payouts
No repayment in your lifetime^#
No penalty for early full repayment
Six-month cooling-off period^*

^#Customer does not need to repay the outstanding loan amount during his / her life, unless the policy reverse mortgage loan is terminated under certain specified circumstances.

^*If you terminate your policy reverse mortgage loan for whatever reason within the first 6 months, you will be given a full refund and waiver of the relevant mortgage insurance premiums. However, you still need to bear any accrued interest and financed fees in the outstanding loan amount.

The above monthly payout amounts are based on a specific life insurance policy of a well known insurance company and are for illustration purpose only. The actual monthly payout amount for individual life insurance policies may vary.

Policy Reverse Mortgage Programme Case Sharing

Mr. Li is planning to use his life insurance policy as collateral to apply for a policy reverse mortgage loan to obtain cash flows.

Age
65 (Male)

Death benefits of life insurance policy
HK$2,000,000

Mortgage plan
Fixed-rate mortgage plan¹

Payment Terms

Fixed-rate mortgage plan
Monthly payout amounts

10-year

HK$5,194

15-year

HK$3,998

20-year

HK$3,480

Life

HK$3,157

The above monthly payout under the fixed-rate mortgage plan is calculated at the interest rate of 4% p.a. for the first 25 years and the Hong Kong Prime Rate minus 2.5% p.a. thereafter, and is for reference only. The fixed interest rate and the Hong Kong Prime Rate will be determined by The Hong Kong Mortgage Corporation Limited ("HKMC") and HKMC Insurance Limited ("HKMCI") from time to time respectively.

The above information is for reference only, Customers should fulfil the application and approval requirement. For details of the Policy Reverse Mortgage Programme (“PRMP”), please call Bank of China (Hong Kong) Limited ("the Bank") ’s hotline on +852 2278 3399 or refer to PRMP’s information and relevant documents published by HKMC and HKMCI.
The above is subject to terms and condition, please click here for details.
The Bank, HKMCI and HKMC reserve the right to amend, withhold and/or cancel the above products, services and relevant terms and conditions at its discretion.

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

For the “Key Facts Statement (KFS) for Residential Mortgage Loan”, please click here.

"Smart" Mortgage Scheme

Enjoy preferential deposit interest rate, allowing you to earn higher interest returns on your savings in addition to owning your dream home.

Enjoy same preferential deposit interest rate and mortgage interest rate, where the upper limit of deposits bearing a preferential deposit interest rate is up to 50% of the total mortgage outstanding balance
Link with a maximum of 3 Designated Current Accounts and share higher interest income with your family
Provide you with monthly Designated Current Account and Mortgage Account Statement with detailed records at a glance

"Smart" Mortgage Scheme Case Sharing

Mr. Li is applying for a mortgage loan for his new apartment, he wants to use the returns from savings to offset his mortgage interest expenses.

Loan Amount
HK$4,000,000

Loan Tenor
25 years (300 months)

Monthly Savings
HK$5,000
_{(Assuming that no withdrawal of deposits is made until full repayment of the entire loan)}

General Mortgage Plan

“Smart” Mortgage Scheme

Annual Mortgage
interest rate

4.125% (P – 1.75%)¹

Annual interest rate
of savings account

0.875%²

4.125%³

Total Mortgage
interest expenses

HK$2,420,056

Total interest income
on Designated
Current Account

HK$177,401

HK$677,503

Total net
interest expenses⁴

HK$2,242,655

HK$1,742,553

Total saved
HK$500,102
(Saved 22% on net interest expenses)⁵

Annual mortgage interest rate is quoted for reference only, P is the Hong Kong Dollar Prime Lending Rate quoted by Bank of China (Hong Kong) Limited (“The Bank”) from time to time.
The Savings Deposit Rate is 0.001% on 2024/03/06 (Savings interest rate may vary according to the daily account balance. For details, please contact our staff.)
"Smart" Mortgage Scheme preferential mortgage interest rate (The upper limit of deposits bearing a preferential interest rate is up to 50% of the total outstanding balance of the mortgage loan. This upper limit will be adjusted in line with the total outstanding balance of the mortgage loan.
Total net interest expenses = Total mortgage interest expenses - total interest income on Designated Current Account.
In regards to respective situation, you may refer to “Smart” Mortgage Scheme Calculator for actual calculation.

The above information is for reference only. The Bank may at its absolute discretion approve or reject any application for credit facilities and mortgage and may decline any application without assigning any reason. The credit facilities and mortgage shall be subject to the terms and conditions set out in the facility letter and mortgage documents. Please click here for details.

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

"All-You-Want" Mortgage Scheme

A comprehensive financial solution that brings mortgage and current accounts under one roof, you can save your mortgage interest expenses, shorten the repayment tenor and at the same time you can also save interest expenses of up to 50%

Mortgage interest is calculated based on the daily outstanding net balance* of your mortgage loan, enabling you to save interest expenses
Mortgage, withdrawal and deposits can be clearly reflected in a single statement
You can take advantage of your financial flexibility by conducting deposits or withdrawal at your convenience

^* Net Balance = Mortgage Balance – Deposits Balance

"All-You-Want" Mortgage Scheme Case Sharing

Mr. Li is applying for a mortgage loan for his new apartment, he wants to use the returns from savings to offset his mortgage interest expenses and to shorten the repayment period.

Loan Amount
HK$4,000,000

Loan Tenor
25 years (300 months)

Monthly Savings
HK$5,000
_{(Assuming that no withdrawal of deposits is made until full repayment of the entire loan)}

General Mortgage Plan

"All-You-Want" Mortgage Scheme

Annual mortgage
interest rate

4.125% (P – 1.75%)¹

Monthly repayment
Amount

HK$21,391

Total mortgage
interest expenses

HK$2,420,056

HK$1,664,329

Repayment tenor²

300 months

216 months
(shortened by 84 months)³

Total saved
HK$755,727
(Saved 31% on net interest expenses)

Annual mortgage interest rate is quoted for reference only, P is the Hong Kong Dollar Prime Lending Rate quoted by Bank of China (Hong Kong) Limited (“The Bank”) from time to time.
The repayment tenor for "All-You-Want" Mortgage Scheme assumes that the deposit amount in the "All-You-Want" mortgage account is sufficient to settle and repay all the outstanding mortgage loan amount in respect of the remaining repayment tenor. Customers can then choose to redeem the mortgage loan facility, but a prepayment fee may be required. If customers do not redeem the mortgage loan facility, monthly repayment will be made by customers as usual until the outstanding mortgage loan principal is fully prepaid. The Bank may in its absolute discretion decide any matters in respect of the above mortgage repayment and redemption arrangements. The above calculation adopts a day-to-day interest basis and assumes that calculating interest starts from 1st January. All the information is for reference only.
In regards to respective situation, you may refer to "All-You-Want" Mortgage Scheme Calculator for actual calculation.

For the “Key Facts Statement (KFS) for Residential Mortgage Loan”, please click here.

Refinancing and Top Up Mortgage Plan

Improve liquidity to fulfill your goals

You can make use of your asset’s appraised property value for extra cash flow
Our mortgage specialists will assist you to evaluate your existing mortgage plan and to advise you on the best mortgage solutions
Provides comprehensive mortgage solution suited to your needs

Refinancing and Top Up Mortgage Plan Case Sharing

After completing DSE examination, Mr. Li would like to send his son abroad to the U.K., therefore, he needs extra cash flow for his tuition fee and living expenses. As his current property has appreciated considerably over the past 10 years and the current mortgage loan outstanding balance is HK$1,800,000. Let's see how Mr. Li utilize the appraised property value for extra cash flow to send his son abroad.

Particular

10 years before

Purchase Residential Property & Apply for Mortgage

Year-to-date

Apply for Refinancing & Top Up

Property Value

HK$4,000,000

HK$8,000,000

Mortgage Loan Amount
(Assume 70%
Loan-to-value Ratio)

HK$2,800,000

HK$5,600,000

New Mortgage Loan
HK$5,600,000

The Original Mortgage Loan Remaining Balance
(Mortgage for 10 years)
HK$1,800,000

May Cash Out
HK$3,800,000

The property has appreciated over 10 years and the current mortgage loan outstanding balance is HK$1,800,000. He obtained cash out payment of HK$3,800,000 after refinancing.

The above information is for reference only. Bank of China (Hong Kong) Limited (“The Bank”) may at its absolute discretion approve or reject any application for credit facilities and mortgage and may decline any application without assigning any reason. The credit facilities and mortgage shall be subject to the terms and conditions set out in the facility letter and mortgage documents.
The above is subject to terms and condition, please click here for details.

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

Digital Experience

“Home Expert” APP
facilitates you to complete your homebuying journey

The “Home Expert” APP , a one-stop online homebuying platform that guides you through every step of your homebuying journey, facilitating you to achieve your homebuying dream in Hong Kong and Greater Bay Area.