{"id":315,"date":"2016-11-30T10:27:01","date_gmt":"2016-11-30T02:27:01","guid":{"rendered":"http:\/\/localhost:8888\/?p=315"},"modified":"2018-12-24T14:34:24","modified_gmt":"2018-12-24T06:34:24","slug":"what-are-the-restrictions-for-mortgage-loan-applicants-that-already-have-more-than-one-property","status":"publish","type":"post","link":"https:\/\/www.panasian.com.hk\/%e6%8c%89%e6%8f%adabc\/%e5%b7%b2%e7%b6%93%e6%8c%81%e6%9c%89%e5%85%b6%e4%bb%96%e6%8c%89%e6%8f%ad%e7%89%a9%e6%a5%ad%ef%bc%8c%e5%86%8d%e7%94%b3%e8%ab%8b%e6%8c%89%e6%8f%ad%e6%9c%89%e4%bd%95%e9%99%90%e5%88%b6%ef%bc%9f\/","title":{"rendered":"What are the restrictions for mortgage loan applicants that already have more than one property?"},"content":{"rendered":"<h2>Restrictions for mortgage loan applicants that already have more than one property.<\/h2>\n<p>As a rule of thumb, the likelihood of self-used mortgaged property becoming delinquent is much lower than investment properties; hence, banks tend to grant mortgage loans for self-used properties rather than investment properties.<\/p>\n<p>If a mortgage loan applicant already has a property and wishes to purchase a second property, banks will assess his repayment ability by considering whether the prior property is newly acquired and recently mortgaged or almost fully amortized etc.<\/p>\n<p>Under prevailing Hong Kong Monetary Authority (\u201cHKMA\u201d) guidelines, the maximum LTV allowed for investment properties is 50%. Further, assuming the applicant already has been granted a mortgage loan for another property recently, and that the principal income of the applicant is not sourced in Hong Kong, the maximum LTV may be as low as 30%.<\/p>\n<p>Please feel free to contact us for any mortgage questions (+852 55966181)\u3002<br \/>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Restrictions for mortgage loan applicants that already have more than one property. As a rule of thumb, the likelihood of self-used mortgaged property becoming delinquent is much lower than investment properties; hence, banks tend to grant mortgage loans for self-used properties rather than investment properties. If a mortgage loan applicant already has a property and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[34],"tags":[],"cat_color":"#a2d606","subcat_color":"","cat_name":{"name":"\u6309\u63edABC","slug":"%e6%8c%89%e6%8f%adabc"},"subcat_name":[],"_links":{"self":[{"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/posts\/315"}],"collection":[{"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/comments?post=315"}],"version-history":[{"count":4,"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/posts\/315\/revisions"}],"predecessor-version":[{"id":4287,"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/posts\/315\/revisions\/4287"}],"wp:attachment":[{"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/media?parent=315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/categories?post=315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panasian.com.hk\/en\/wp-json\/wp\/v2\/tags?post=315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}