#5
Hang Seng Bank HIBOR Mortgage-Link Plan
H+1.30% (Cap 3.50%)(HK$3.5)
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Hang Seng Bank HIBOR Mortgage-Link Plan (恒生 HIBOR Mortgage-Link 按揭計劃) by Hang Seng Bank pairs a H+1.30% HIBOR rate with a P - 1.75% (Small P benchmark) cap (~3.50% effective ceiling) and up to 0.60% cash rebate.
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View canonical entity profile (2 lists) →Hang Seng Bank HIBOR Mortgage-Link Plan (恒生 HIBOR Mortgage-Link 按揭計劃) by Hang Seng Bank pairs a H+1.30% HIBOR rate with a P - 1.75% (Small P benchmark) cap (~3.50% effective ceiling) and up to 0.60% cash rebate.
Key Metrics
Lender
Hang Seng Bank
HIBOR Spread
H +: 1.30%
Prime Rate Cap
P - 1.75% (Small P benchmark)
Effective Cap Ceiling
3.50% p.a.
Bank Cash Rebate
Up to 0.60%
Lock-In Period
2 years
Deposit-Link Offset
Mortgage-Link high-interest current account up to 50% of outstanding loan
Pros and Cons
Pros
- Deep coverage across HOS/subsidized housing & private estates
- Small-P cap parity with HSBC and instant e-valuation
Cons
- Cash rebate tiers conservative on smaller refinancing tickets below HK$3M
Eligibility
- Maximum 0.60% cash rebate applies from HK$5,000,000 loan size
- subject to HKMA LTV & debt-servicing underwriting and 2-year lock-in period
Things to Watch Out For
- Cash rebate tiers conservative on smaller refinancing tickets below HK$3M
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