Everything You Need To Know About Hang Seng Mortgage

Hang Seng Bank provides valuation services, offering P plan or H plan. MoneySmart helps you to compare, choose and apply for the best mortgage.

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Hang Seng Property Valuation

Hang Seng provides online property valuation services for mortgage applicants. It shows instant property valuation but this service only apply to major properties in Hong Kong. The result is more conservative, so it should only be taken as a reference. To get a higher valuation, it is best to get more than one valuation but the process is often time-consuming. You can leave it to MoneySmart. We work with a wide range of mortgage lenders in Hong Kong and we can help you get a number of valuations easily. To quickly check the valuation of your property, you can try our Property Valuation Calculator.

Hang Seng P Plan Mortgage Rate

Hang Seng Mortgage PlansMortgage Loan SizeMortgage RateCash Rebate
New Purchase P PlanN/AP(5.125%) - 2.75%= 2.375% 1%
Refinance P PlanN/AP(5.125%) - 2.75%= 2.375% 0%

Hang Seng H Plan Mortgage Rate

Hang Seng Mortgage PlansMortgage Loan Size Mortgage RateCapped Mortgage RateCash Rebate
H Plan New PurchaseN/AH+1.24 P(5.125%) - 2.65% = 2.475% 1%
H Plan RefinanceN/AH+1.24 P(5.125%) - 2.65% = 2.475% 0%

Hang Seng Types of Property

Property TypesYes/ NoRemarks
New purchase of public housing without premium payment (green form applicants)MaybeLetter from Housing Authority required
New purchase or refinance of HOS flats without premium paymentMaybeColumn 3
Village houseMaybeFloor plan required
Property with building ordersMaybeOn a case by case basis
Mainland propertyNo-

Compare all Hang Seng mortgages

Apply with MoneySmart to get extra cash rebates

Apply Hang Seng Mortgage with MoneySmart

  • Step 1

    Contact us

    Contact our mortgage team though our website or send a Whatsapps to +852 9665 5218

  • Step 2

    Compare Hang Seng mortgage plans

    We will follow up on your inquiry and gives you different options.

  • Step 3

    Apply online and submit supporting documents

    Fill in a consolidated application form and apply for multiple mortgages in one go πŸ‘πŸ»

  • Step 4

    Check and sign

    The bank that you have applied will contact you directly πŸ“žto follow up on your application. You can ask them any questions you might have directly.

  • Step 5

    Excellent customer service

    We will remind ⏰ you upon successful application and provide you with all the necessary support you might need.

BOC Mortgage Frequently Asked Questions

  • What documents are required when applying for Hang Seng mortgage?

    Proof of identity, income proof, and address proof are required. For new purchase applications, applicants are required to submit the provisional agreement for sale and purchase. For refinance, applicants are required to submit a recent repayment record and current mortgage repayment information.

  • Does Hang Seng provide mortgage for properties with building order?

    It depends. Hang Seng may provide a mortgage for a property with a building order.

  • Can I apply for a mortgage without a fixed income?

    Yes. As long as applicants are able to show a recent 6-month bank statement to prove his/her income, it is possible to apply for a mortgage without a fixed income.

  • Can I apply for a mortgage without a tax bill?

    It is unlikely to get a mortgage from Hang Seng without a tax bill. Applicants are suggested to apply mortgage based on Asset Based Lending (ABL).

  • Why get a mortgage through MoneySmart?

    The mortgage application process can be daunting. If you leave it with professionals like the MoneySmart mortgage team, it will save you a lot of time. You can get multiple banks’ offers in 9 working days. Moreover, you can get up to 2.5% special interest rate and up to 1.5% cash rebate.