Standard Chartered Mortgage Insurance Programme fulfils individual's needs
Whether you're buying your first property, upgrading your existing home, cash-out refinancing or simply investing, we offer you comprehensive mortgage services and privileges that suit your needs. So make Standard Chartered Mortgage Insurance Programme your first choice.
First time home buyers
There is so much to consider when buying a home for the first time. And one of the most common challenges that home buyers encounter is capital. Standard Chartered Mortgage Insurance Programme allows you manage your money efficiently.
- With a down payment of only 5% of the property value, you can choose from a wider range of properties and own a home easily.
- Our express approval service lets you know your mortgage loan status earlier and gives you peace of mind.
- Sign up for FamilyLink at the same time so that you and your relatives / friends can enjoy an additional 1% bonus interest on top of the deposit interest by linking all of your saving accounts to your mortgage loan.
Trading-up property owners
Trading up and upgrading your standard of living is a breeze with us. And with the proper financing, you will be able to get more value out of your capital.
- With a down payment of only 5% of the property value, you can choose from a wider range of properties.
- Subscribe to MortgageOne® Account at the same time to save on mortgage interest payment and enjoy better cash flow.
Cash-out refinancing
With Standard Chartered Mortgage Insurance Programme cash-out refinancing, you'll be able to save your money for emergency purposes or for investments, travelling, education, and so forth.
- A cash-out refinancing loan up to 85% of the property value.
- Enjoy a lower interest payment when you subscribe to the MortgageOne® Account.
Simple, fast and flexible approval process
Your mortgage application of Mortgage Insurance Programme will be approved directly by Standard Chartered. It's simple and hassle-free. Also, you can enjoy a mortgage loan of up to 95% of the property value, which means it'll be easier to own properties and cash-out refinance.
Free professional mortgage consulting services
Our Mortgage Services Consultants have in-depth knowledge of the property and mortgage markets. They offer personalised mortgage advice to help you choose the most suitable mortgage services.
A) General Terms & Conditions:
| 1. | Loan-to-Value Ratio of Standard Chartered Bank (Hong Kong) Limited (“the Bank”) Mortgage Insurance Programme (“MIP”) is upto 95% of purchase price or valuation (whichever is lower) of the property. For MIP with Cash-out, the Loan-to-Value Ratio is upto 85% of purchase price or valuation (whichever is lower) of the property. For other parts of terms and conditions, please refer to the Application for SCBHK Mortgage Insurance Programme and its relevant documents. |
| 2. | The Bank reserves the right to terminate the above offers or alter any of the above terms and conditions at any time. In case of disputes, the decision of the Bank shall be final and conclusive. |
| 3. | In cash of discrepancies between the English version and its Chinese translation, the English version shall prevail. |
B) Terms and Conditions for MortgageOne® and FamilyLink:
| 4. | The deposit credited to the MortgageOne® Account is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. Please refer relevant promotional materials or contact our staff. |