Financial Flexibilty with Property Revolving Credit Line
Phillip Securities Group has always committed to provide customers diversified services. Its subsidiary, Phillip Finance (HK), now offers customers a first property mortgage , second property mortgage and policy financing service. It is easy to apply, promptly approved, and personalized interest rates and loans are available. No interest would be charged before the date of drawdown of credit line.
Tier-based Interest for First Mortgage on Residential Property
The interest rate is now calculated in proportion to the loan-to-value (LTV) ratio of the mortgage loan! The lower the LTV ratio, the lower interest rate! The plan covers all first mortgage residential property mortgage applications up to HK$5 million*! The tiered interest rates are calculated as follows:
按揭貸款成數比例 Loan-to Value Ratio
按揭利率 Interest Rate (p.a.)
5.375% (P -0.75%)
7.125% (P +1%)
*For loan application above HK$5 million, please contact our customer service department for more information on interest rates.
Note 1: The above tiered interest rates should be used for reference only. We reserve the right to offer alternative mortgage rates for individual customers' circumstances. The final mortgage rate is subject to the approval of our credit department. Note 2: P is the Standard Chartered Bank (Hong Kong) Prime Rate. Note3 : The tiered interest rate is adjusted according to the latest Standard Chartered Bank (Hong Kong) Prime Rate ("P").
We offer professional property mortgage services, 80% loan-to-value for property appreciation, no TU, no penalty interest for early repayment, and up to 70% loan-to-value for any property.
2. What types of properties can I apply for a property loan?
Private properties, tenement buildings, HOS, small houses, village houses, shops, factories, offices and parking spaces are all eligible for property loans, regardless of their age.
3. What is the annual interest rate of Phillip Finances' first mortgage loan?
The annual interest rate is as low as 3.88% (SCB Prime - 1.37%).
4. Are there any fees and charges during the loan processing period?
We do not charge any legal fees, handling fees or valuation fees, and the loan application process is completely free of charge. No fee will be charged if the loan application is not approved, cancelled, or if the loan is not confirmed and accepted.
5. What documents do I need to apply for a loan?
The following documents are required: identification documents (e.g. HKID card, passport), proof of address (e.g. recent rates statement, management fee statement), bank statement for the last 3 months, proof of salary for the last 3 months, loan notification letter from the financial institution.
6. How long does the approval process take after submitting the information?
If the information is complete and correct, the approval process will take about 2 to 3 working days.
8.What are the other channels besides online application?
You may visit our office (Address: 11-12/F, United Centre, 95 Queensway, Hong Kong (Exit D, Admiralty Railway Station).
9. Can I apply for a loan if the property is owned by a company?
Yes, the loan can be obtained by all company owners.
10. Can I apply for a mortgage or loan if I am a Mainlander?
Yes, the applicant must provide your Chinese ID card and personal information such as proof of address, proof of employment, etc.
Kick start your journey with us today in Fintech era
Phillip Securities Group is one of the members of Phillip Capital. Phillip Capital founded in 1975 in Singapore, our group member companies operate in 15 financial hubs, with offices in Singapore, Hong Kong, China, US, Japan, UK, Australia, Malaysia, Thailand, Indonesia, Turkey, India, Cambodia and Dubai. With more than 5,000 employees and access to multi-markets across 26 exchanges worldwide, serving over 1,000,000 individual clients, families and institutional customers around the world, we are entrusted with over $35 billion US Dollars from patrons to manage their assets, and our shareholder’s fund has exceeded to $2.4 billion US Dollars. In Hong Kong, our group companies include Phillip Securities (HK) Limited, Phillip Commodities (HK) Limited, Phillip Capital Management (HK) Limited, Phillip Financial Advisors (HK) Limited, Phillip Finance (HK) Limited, Phillip Institute of Financial Learning Co Limited and Phillip Bullion Limited. We provide a full range of quality and innovative financial services to individuals, corporate and institutional, investors including securities, futures, options, forex, unit trusts, asset management, insurance, investor education and investment research.
The first generation of Phillip Online Electronic Mart System (POEMS) has been launched since 1998. “PhillipMart”- our Pre-IPO matching platform since 2006, allows customers and institutions to transact IPO securities one day before listing on Exchange. Our trading volume has always ranked top among Fintech peers. Phillip iPhone / Android has been launched since 2011. Today, our development and offerings range from online account opening, FPS real time fund transfer, eDDA, and other infrastructure accelerating the facilitation of online trading in major global markets round-the-clock anywhere.
Intro of Phillip Securities Hong Kong
Stocks, Futures, Options, Forex, Bullion, Bond, Unit Trust, insurance are among the products we offer. Our service include IPO Subscription, PhillipMart, asset management, Stock Borrowing and Lending, margin financing, premium financing, MPF, property agency and mortgage.
POEMS: Award-Winning Broker
We were honored to have won awards/ have been given accomplishments as below in recent years:
Award / Accomplishment
2014 Top 10 HK Brokerage Firm- HEXUN.com Third Chinese(Overseas) Financial Annual Champion Award
2015 Best Internet Broker -HKCD 2015 Polling and 2016 The Greater China Financial Development and Opportunity Forum
RMB Currency Options-USD/CNH Options Active Exchange Participant - HKEX
HKEX Exchange Participant in Gold Futures; HKEX Key business Partner of RMB Fixed Income and Currency