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With Effective from 16 October 2019

NORMAL BANK MORTGAGE
RESIDENTIAL PROPERTIES 1st Property Valuation of Properties (HK$) Maximum Loan To Value Ratio
Applicants' income mainly derived in HK Applicants' income mainly derived from outside HK Applicants using Net-Worth-based
Below $7M 60% (Max Loan capital of HK$4.2M) 50% (Max Loan capital of HK$3.5M) 40%
Equal or above $7M but below 10M 60% (Max Loan capital of HK$5M) 50% (Max Loan capital of HK$4M)
Above $10M 50% 40%
2nd Property Below $7M 60% (Max Loan capital of HK$4.2M) 40% (Max Loan capital of HK$2.8M) 30%
Equal or above $7M but below 10M 60% (Max Loan capital of HK$5M) 40% (Max Loan capital of HK$3M)
Above $10M 50% 30%
NON-RESIDENTIAL PROPERTIES & PROPERTIE HELD BY COMPANIES 1st Property 50% 40% 40%
2nd Property 30% 30%
SHOP & INDUSTRIAL PROPERTIES Maximum Loan to Value Ratio is 40%
CAR PARK Maximum Loan to Value Ratio is 40% and Maximum Repayment period is 15 years
* First time homebuyers or someone DO NOT own any property Q the applicable base-Debt-Serving-Ratio limits will be from 10% to 50%
* Applicant owned more than ONE outstanding property under mortgage loan at the time of mortgage loan application Q the applicable base-Debt-Serving-Ratio limits will be from 10% to 40%.



MORTGAGE INSURANCE PLAN (coverage for eligible properties will start from 60% Loan to Value
Property value up to HK$6M
(only secured on COMPLETED PRIVATE RESIDENTIAL PROPERTIES or PROPERTIES UNDER CONSTRUCTION)
Valuation of Properties (HK$) Maximum Loan To Value Ratio Maximum Maturity Maximum Sum of Original/Remaining Maturity + Age of Property
Below or Equivalent to HK$4M 90% 30 years 75 years
Between HK$4M toHK$4.5M 80% to 90% (Maximum Loan Capital of HK$3.6M)
Equal or Above HK$4.5M to HK$6M 80% (Maximum Loan Capital of HK$4.8M)
Property value up to HK$10M
(only secured on COMPLETED PRIVATE RESIDENTIAL PROPERTIES)
Valuation of Properties (HK$) Maximum Loan To Value Ratio Maximum Maturity Maximum Sum of Original/Remaining Maturity + Age of Property
Above HK$4M up to and below HK$8M 80% or 90%** 30 years 75 years
Above HK$8M up to and below HK$9M 80% to 90%* (Maximum Loan Capital of HK$7.2M)
Above HK$9M up to HK$10M 80% (Maximum Loan Capital of HK$8M)
In the table maked with * only applicable to application with : (i) all mortgagors not holding any residential properties in Hong Kong at the time of application AND
(ii) all applicants being regular salaried persons


* Mortgage information provided are for your reference only, please refer to Hong Kong Monetary Authority for any accuracy.