Reverse Mortgage Programme

Stable monthly payouts for either a fixed period of 10, 15 or 20 years or throughout entire life and/or lump-sum payout – for specific purposes.

Continue residing in the property for the rest of life after taking out a reverse mortgage loan.

The borrowers do not need to repay the reverse mortgage loan during their lifetime.

Surplus arising from sale proceeds of the property after loan repayment will be given to personal representatives.

Terminate the reverse mortgage loan within the first 6 months and refund and waive all mortgage insurance premiums.

Stable monthly payouts for either a fixed period of 10, 15 or 20 years or throughout entire life and/or lump-sum payout – for specific purposes.

Continue residing in the property for the rest of life after taking out a reverse mortgage loan.

The borrowers do not need to repay the reverse mortgage loan during their lifetime.

Surplus arising from sale proceeds of the property after loan repayment will be given to personal representatives.

Terminate the reverse mortgage loan within the first 6 months and refund and waive all mortgage insurance premiums.

The Reverse Mortgage Programme operated by HKMC Insurance Limited(“HKMCI”) and aimed for property owners who are aged 55 or above (or aged 60 or above for subsidised sale flats with unpaid land premium).
^ Borrowers must fulfil the criteria subject to the terms and conditions. For details, please refer to the Programme materials and offering documents.
The above information is for reference only and not complete. For details, please refer to the Programme materials and offering documents issued by HKMCI. The Bank, HKMCI and HKMC Mortgage Management Limited reserve the right to amend and/or withhold the above offers, and the relevant terms and conditions at its discretion and without giving prior notice.

To borrow or not to borrow? Borrow only if you can repay!