"Get More"
Second Mortgage Loan

Get the most from your property.
Achieve your financial goals faster and easier.

Apply Now

Terms and conditions apply to the above services, which are subject to the final approval.

The Second Mortgage Loan
Made for You

Apply Now

Accept all type and
age of properties

No Limitation

Income proof

and

stress testing are not required

Express approval

Within 15 minutes

No penalty fee

for
early settlement

Apply Now

Terms and conditions apply to the above services, which are subject to the final approval.

Improve Cash Flow with Second Mortgage Loan

Loan amount up to HK$10 million

Loan to value ratio up to 80%

APR as low as 12%

Repayment up to 120 months

Cash transfer within 24 hours

Get Free Consultation

Flats under the HOS / Public Housing with land permises paid

Private Property

Industrial & Commercial Buildings and Shops

・Income proof waived

・Exempt handling fee

・Exempt legal fee

・Exempt valuation fee

Initial approval in 15 minutes. Cash transfer in as fast as 24 hours

Proposed by professionals to achieve speedy cashout

Terms and conditions apply to the above services, which are subject to the final approval.

Any Property Types accepted

Any properties that have already been used as collateral can still be used for a second mortgage loan application. We accept properties of all types, such as private housing estates, tenement houses, public housing estates and housing under the Home Ownership Scheme (with the premium payment paid), village houses, commercial properties and street shops, office buildings, car parks, or lands, regardless of the age of the properties.

Easy Application Process

Second Mortgage Solution

Express Property Loan Service

Faster, Simpler, More Flexible Property Loan

Loan
Amount

Cash
Transfer
Time

Required
Documents

Additional
Charges

Other Banks

Up to 50% of the property value
(excluding Mortgage Insurance Programme)

2 months at least

HKID, proof of address, property address, deed, employment contract, salary slips for the past 3 to 6 months, bank statements for the past 3 to 6 months, tax slips, etc.

Some banks charge clients for
the handling fees, legal fees, and valuation fees

Up to 10 million
or 80%

Initial approval in 15 minutes.
Cash transfer in as fast as 24 hours

HKID &
property address

Handling fees, legal fees,
and valuation fees are exempted

*Figures above are for reference only. Application results may vary for individual banks
*Applicable to applications with a loan amount of $11.25 million. The maximum loan to value ratio would decrease should the property price inflate
*Terms and conditions apply. The actual amount borrower receives shall be the approved loan amount offered.

Second Mortgage Loan

No limitation on the type and age of properties

As a business owner, I was $500k in debt amid the gloomy economic downturn. In need of $600k cash to pay off my debt and day-to-day expenses of the company, I turned to the bank to apply for a second mortgage loan. Even though the value of my property had gone up drastically, the bank took considerable precaution when reviewing my application, as the purpose of this loan application was to repay debts. I was required to provide my income proof, stress test, financial reports, and other documents. Alas, my application was rejected.

Fortunately, I learned about Konew Financial Express online. Under the assistance of the professional team, I could use the 12-year-old 1,100 ft private estate as collateral and apply for an interest-only mortgage plan. The entire process was quick and straightforward. I wasn’t asked to provide irrelevant financial documents. I received my loan on the same day, which was of great help in solving the pressing needs of my business.

Loan Amount

$600,000

Repayment Period

12 months

Monthly Flat Rate*

*interest only

1.4%

Monthly Repayment Amount

$8,400

Real Life Case

Mr. Choi, owner of a garment company

The above examples are for reference only. The final interest rate that customers can enjoy will vary according to their personal credit status, please contact our company for details.

FAQ

I've already got a First Mortgage loan from a bank or financial institution, will Konew Financial Express accept my application for a Second Mortgage loan?

The property owner can apply for a second mortgage loan application without submitting the deed.

Can I sell out the property during the repayment period?

You can sell the property during the repayment period. You can inform us of your decision as soon as you have reached an agreement on the price with the buyer and signed the provisional agreement for sale and purchase. We will set the deal date as the cut-off date and calculate the balance of the repayment.

Can an existing Konew Financial Express customer apply for a revolving loan?

Yes, we will set up a stand-by credit limit for existing customers of Konew Financial Express to shorten the re-approval process. This will help property owners quickly solve their urgent funding needs.

Is the loan application handled by solicitors?

To provide excellent and reliable mortgage loan service to our customers, Konew entrusts sizable law firms in Central to handle all loan applications.