For the "Key Facts Statement (KFS) for Residential Mortgage Loan" and "General Terms and Conditions for Mortgage Loan Facility", please click here.
"First P then H" Preferential Mortgage Interest Rate Promotion
BOCHK presents you the "First P then H" Preferential Mortgage Interest Rate Promotion. This plan combines the advantages of the latest preferential Prime-based Mortgage Plan (P Plan) and HIBOR Mortgage Plan (H Plan), and offers a special preferential P Plan for the first 2 to 3 years amid the rate-hike cycle, giving you an additional mortgage repayment option and supporting you every step of your homebuying journey.
Preferential P Plan Mortgage Rate
Preferential P Plan Mortgage Rate: P - 2.32%
Repayment Term Options:
• Enjoy a Preferential P Plan mortgage rate for the first 2 years, then automatically switch to H Plan from the 3rd year, with interest rate cap (i.e. H +1.3%(Cap P - 1.75 %)), OR
• Enjoy a Preferential P Plan mortgage rate for the first 3 years, then automatically switch to H Plan from the 4th year, with interest rate cap (i.e. H +1.3%(Cap P - 1.75%))
Offer Details
• Offer is applicable only to first-hand and second-hand private residential property transactions, refinance, refinance with top up, and remortgage.
• Application Period: On or before 31 December 2026
• Drawdown Period: 1 November 2026 to 30 April 2027 (both days inclusive)
• Minimum Loan Amount: Above HK$1,000,000 Mortgage application
• Early repayment of the loan in full or in part, is subject to fee charges
• This offer can be used in conjunction with Mortgage Insurance Programme
• Any changes made after the mortgage loan is successfully drawn down will be deemed as a forfeiture of the "First P then H" Preferential Mortgage Interest Rate Promotion
Other Exclusive Privileges
- Fee waivers on instant property valuation, mortgage enquiries and the like
- Enjoy fabulous privileges, please click for details
Know More and Application Process
Act now and make online appointment for mortgage application!
For details, please call our Mortgage Service Hotline at +852 3669 3233 or visit any of the branches of BOCHK.
Reminder: To borrow or not to borrow? Borrow only if you can repay!
Terms and Conditions:
- Applicants must submit their mortgage loan applications on or before 31 December 2026, with loan amount of HK$1,000,000 or above, and successfully drawdown the loan between 1 November 2026 to 30 April 2027 (both dates inclusive). Eligible customers will be entitled to a special mortgage interest rate for the first 2 or 3 years. Thereafter, the mortgage interest rate will be automatically converted to the HIBOR based rate.
- This promotion is applicable to mortgage loan application of new purchase of residential property by individual customers and loan application of refinance, refinance with top up, and remortgage loan of residential property.
- This promotion is not applicable to mortgage loan for any government housing, individual car parking spaces, or industrial and commercial properties.
- Any changes made after the mortgage is successfully approved will be deemed as a forfeiture of the "First P then H" Preferential Mortgage Interest Rate Promotion.
- Early repayment of the loan in full or in part, is subject to fee charges.
- 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 final terms and conditions of the mortgage will be governed by the Facility Letter and other relevant documents signed between the loan applicant and the Bank.
- The Bank reserves the right to amend and / or withhold the above offer, relevant terms and conditions of the above promotional offers at its discretion without prior notice.
- In case of any discrepancies between the Chinese and English version of this web page, the Chinese version shall prevail.
