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Mortgages at a Glance

A mortgage from HSBC can be tailored to fit your needs and your financial situation.

You will benefit from:

  • One-on-one assistance and guidance from a Senior Banking Specialist
  • A pre-approval letter for a mortgage so you'll know your price range
  • Attractive financing terms and flexible rates
  • The option to choose from a variable or fixed interest rate
 

Residential Mortgages

If you are interested in purchasing a property to rent out or to live in, a residential mortgage is a smart solution.

  • 80 per cent financing for properties valued between BM$1 - 1.5 million
  • 75 per cent financing for properties valued between BM$1.5 million - 2 million
  • 70 per cent financing for properties valued between BM$2 million - 5 million
  • Maximum term of 30 years

Construction Loans

With a Construction Loan we can help you turn your house into your dream home.

  • Appraisal required before and on completion of construction
  • Maximum term of 30 years

Home Loans

A Home Equity Loan or a Home Equity Line of Credit enables you to use the equity in your property to borrow funds for home renovations or other major purchases. You will benefit from:

  • One-on-one assistance from a Senior Banking Specialist who can help you to decide on the best home equity option for you
  • Low interest rates
  • Borrow up to 80 per cent of the available equity in your home
  • Monthly payments conveniently separated from your mortgage payments
  • Terms up to 30 years

Home Equity Loan

A Home Equity Loan is like a personal loan but with a lower interest rate.

  • Minimum borrowing of BM$30,000
  • Monthly principal and interest payments

Home Equity Line of Credit

The Home Equity Line of Credit works like a chequing account with a lot more overdraft and a lower interest rate.

  • Minimum borrowing of BM$30,000
  • Maximum borrowing of BM$150,000
  • Interest charged monthly but only on the funds used
  • Principal payments can be made at any time

This product and service is offered only in the jurisdiction of Bermuda by HSBC Bank Bermuda Limited and the material presented is not intended for use by persons located in or resident in other jurisdictions