Loan To Value Ratio
Property Value Maximum LTV Ratio
< HK$7 million 60% or capped at HK$4.2 million
(whichever is lower)
≥ HK$7 million and
< HK$ 10 million
60% or capped at HK$5 million
(whichever is lower)
≥ HK$ 10 million 50%
Revisions to Mortgage Insurance Programme ("MIP")
From 28 February 2015, revisions were made to the eligibility criteria for the MIP.
After revisions, the maximum LTV ratio was as follows:
Property Value Maximum LTV Ratio
Up to HK$4 million 80% or 90%*
Above HK$4 million and below HK$4.5 million 80% - 90%*, subject to a cap of HK$3.6 million
(whichever is lower)
At or above HK$4.5 million and up to HK$6 million 80% or capped at HK$4.8 million
(whichever is lower)
* only applicable to regular salaried first time homebuyers (not holding any residential properties at the time of application) with maximum debt-to-income ratio of 45%