Best ICBC Refinance Mortgage Plan in Hong Kong 2020

Compare remortgage interest rates in Hong Kong and find the best refinance mortgage plan for your property. Read More
Looking for 4,000,000 loan over 30 Years
We found 2 ICBC Mortgages for you!
工銀亞洲 logo

Monthly Payment

HK$16,329.65

Monthly Payment
MoneySmart Exclusive
P Plan Rate
P(5.25%)-2.5%
Best Lending Rate (=P)
5.25%
Max Cash Rebate
HK$8,000
Monthly Payment
HK$16,329.65
Highest Cash Rebate Up to 0.175% of Mortgage Amount
Valid until 31 Oct 2020 - See T&Cs below
Enquire Now
工銀亞洲 logo

Monthly Payment

HK$14,721.17

Monthly Payment
MoneySmart Exclusive
HIBOR Plan Rate
H+1.5%
Interest Rate Cap
P(5.25%)-2.5%
Max Cash Rebate
HK$8,000
Monthly Payment
HK$14,721.17
Highest Cash Rebate Up to 0.175% of Mortgage Amount
Valid until 31 Oct 2020 - See T&Cs below
Enquire Now

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ICBC Bank Property Valuation

To get a higher valuation, getting more than one valuation from different banks other than ICBC Bank is very important. But this process can be very time-consuming. If you are like most Hong Kong people, you are probably too busy to do it all by yourself. You can appoint a professional organization like MoneySmart to manage the entire mortgage application for you.

MoneySmart works with renowned mortgage lenders in Hong Kong and we can help you get multiple valuations easily in one go. To get an instant estimated value of your property, you can also try our Property Valuation Calculator.

ICBC Bank P Plan Mortgage Rates

Mortgage Loan SizeMortgage rateCash Rebate
HK$1,000,000 or below P(5.25%) - 2.5% = 2.75%0.2%
Above HK$1,000,000P(5.25%) - 2.75% = 2.5%0.5%

ICBC Bank H Plan Mortgage Rates

Mortgage Loan Size Mortgage Rate /Capped Mortgage RateCash Rebate
HK$1,000,000 or below H+1.5%/P(5.25%) - 2.5%= 2.75%0.2%
Above HK$1,000,000H+1.4%/P(5.25%) - 2.75%= 2.5%0.5%

ICBC Bank - Types of Property Mortgage

Property typesY/ NRemarks
New purchase of public housing without premium payment (green form applicants)NN.A.
New purchase or refinance of HOS flats without premium paymentMaybeLetter from HOS required
Village houseNN.A.
Property with building ordersYDepending on the seriousness of the violation
Mainland propertyNN.A.

Apply for ICBC Bank Mortgage with MoneySmart

Step 1Contact MoneySmart

Contact our professional mortgage team through our website or Whatsapp us at +852 9665 5218

Step 2Compare mortgage plans

We will follow up on your inquiry and provide you with a wide range of options that suit your situation

Step 3Apply online + submit supporting documents

Complete a consolidated application form and apply for several mortgages in one go 👍🏻

Step 4Check and sign

The bank that you have applied for will contact you directly 📞to follow up on your application. If you have any questions, you can ask them directly over the phone

Step 5Excellent Customer Service

MoneySmart will remind ⏰ you soon after your application has been approved and we will provide you with all the necessary support

ICBC Bank Mortgage FAQ

What documents are required when applying for ICBC mortgage?

You are required to provide proof of identity, proof of income and proof of residential address. If you apply for a mortgage to finance your new purchase, you also need to provide the provisional agreement for sale and purchase. If you apply for refinancing, you are required to provide the most recent repayment record and current mortgage repayment information.

Without a fixed income, can I apply for a mortgage?

It is possible to apply for a mortgage if you can provide bank statements for the past six months even though you are on an unstable income.

If I am unable to provide the tax bill, can I still apply for a mortgage?

It is unlikely that your mortgage application will be approved if you are not able to provide your tax bill. However, you can apply using another route - Asset Based Lending (ABL).

Why use MoneySmart to apply for mortgages?

Applying for mortgages through MoneySmart can save you both time and money. Your application result will be ready in just 9 working days and you can also enjoy up to 2.5% special interest rate and up to 1.5% cash rebate.