HSBC Floating Interest Rate Mortgage Loan
Buying a house is one of the happiest moments in a person’s life. Choose your own or improve an already existing residence and make your dreams come true with a Mortgage Loan with Floating Interest Rate from HSBC.
Benefits
- Mortgage loan for home purchase / improvement / repair / loan transfer from other Bank
- Gradual disbursement of money in case of Home improvement
- Loan duration up to 25 years
- Simple procedures, clear terms, transparency on all levels
| Interest rate | Percentage of financing (up to 75%) |
|---|---|
| Mortgage loan for home purchase with floating interest rate linked to Euribor 1M plus spread |
Euribor 1Μ + spread 4%1 Euribor 1Μ + spread 3,50%1 for Premier clients |
| Mortgage loan for home repair / improvement with floating interest rate linked to Euribor 1M plus spread |
Euribor 1Μ + spread 6%1 Euribor 1Μ + spread 5%1 for Premier clients |
| Interest rate |
Mortgage loan for home purchase with floating interest rate linked to Euribor 1M plus spread |
|---|---|
| Percentage of financing (up to 75%) |
Euribor 1Μ + spread 4%1 Euribor 1Μ + spread 3,50%1 for Premier clients |
| Interest rate |
Mortgage loan for home repair / improvement with floating interest rate linked to Euribor 1M plus spread |
| Percentage of financing (up to 75%) |
Euribor 1Μ + spread 6%1 Euribor 1Μ + spread 5%1 for Premier clients |
| Loan to value | Loan duration |
|---|---|
| 0% - 60% | 25 years |
| 61% - 70% | 20 years |
| 71% - 75% | 10 years |
| Loan to value | 0% - 60% |
|---|---|
| Loan duration | 25 years |
| Loan to value | 61% - 70% |
| Loan duration | 20 years |
| Loan to value | 71% - 75% |
| Loan duration | 10 years |
| Loan to value | Loan duration |
|---|---|
| 0% - 60% | 25 years |
| Loan to value | 0% - 60% |
|---|---|
| Loan duration | 25 years |
| Loan to value | Loan duration |
|---|---|
| 0% - 50% | 10 years |
| Loan to value | 0% - 50% |
|---|---|
| Loan duration | 10 years |
Loan expenses
Loan expenses based on the Bank's price list currently in effect.
Eligibility criteria
To become a mortgage loan holder2, it is a prerequisite that you are an HSBC account holder.
Documents required
When applying make sure you have the following with you:
- Completed loan application form
- I.D. (both sides) or valid passport (original)
- Mortgage loan affirmation for outstanding loans or any other loan obligations
- Current payroll corroboration if you are a salaried employee or pensioner
You will also need the following tax documents:
- Forms E1 and E3 (originals) for the last three years and recent tax clearance certificate (original) if you are a freelance professional
- Latest E9 form (original)
- Latest E2 form (original) for income sourcing from real property
- The last three original income tax clearance certificates
Apply in branch
Visit a branch to apply in person.
Related products
HSBC Asset Backed Mortgage
Take hold of real investment opportunities or to meet your current needs as they arise without having to make any change to your investment portfolio.
HSBC Asset Backed Consumer Loan
Opportunities and new needs arise every day and we are close to you to facilitate every choice you make.