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Mortgage rates

We've got a range of mortgages designed to suit you

Our latest mortgage rates

Whether you're looking to remortgage, buy a property or switch to HSBC from another provider, we've got a range of products available. Browse our latest rates to find what could be right for you.

Our rates

The following rates are available for new and existing HSBC customers.

It's worth considering what your Loan to Value (LTV) will be. Your LTV is the ratio between the amount of the loan you take out and the value of your property as a whole, as a percentage.

Residential

Interest on a BMD Mortgage is calculated on the basis that there are 365 days in the year. (Except for a leap year where there are 366).

Use our calculator to find out how much you could borrow.

Variable mortgage rates

Type Loan to Value (LTV) Maximum term Repayment Total rate
Premier Up to 80% Loan to Value 30 years Principal and interest 5.99%
Advance Up to 80% Loan to Value 30 years Principal and interest 6.25%
Personal Up to 80% Loan to Value 30 years Principal and interest 6.50%

Variable mortgage rates

Type Premier
Loan to Value (LTV) Up to 80% Loan to Value
Maximum term 30 years
Repayment Principal and interest
Total rate 5.99%
Type Advance
Loan to Value (LTV) Up to 80% Loan to Value
Maximum term 30 years
Repayment Principal and interest
Total rate 6.25%
Type Personal
Loan to Value (LTV) Up to 80% Loan to Value
Maximum term 30 years
Repayment Principal and interest
Total rate 6.50%

Home equity loan

A home equity loan is suitable if you want to borrow a specific amount over $30,000 BMD, with the comfort of regular monthly payments.

Home equity loan variable mortgage rates

Home equity Maximum term Repayment Total rate
Loan 30 years Principal and interest 5.75%

Home equity loan variable mortgage rates

Home equity Loan
Maximum term 30 years
Repayment Principal and interest
Total rate 5.75%

Construction loans

A Construction loan gives you the opportunity to make interest-only payments while your property is under construction, usually up to a maximum of one year.

Construction loans variable rates

Type Loan to Value (LTV) Maximum term Repayment Total rate
Premier Up to 80% 30 years Principal and interest 6%
Advance Up to 80% 30 years Principal and interest 6.25%

Construction loans variable rates

Type Premier
Loan to Value (LTV) Up to 80%
Maximum term 30 years
Repayment Principal and interest
Total rate 6%
Type Advance
Loan to Value (LTV) Up to 80%
Maximum term 30 years
Repayment Principal and interest
Total rate 6.25%

Fixed-rate mortgages

We offer a 5-year fixed-rate mortgage that will lock in your rate and payments over a 5 year period. Locking in your rate gives you the peace of mind that no matter what happens, your payments will not change for the next 5 years. 

For details please make an appointment with an HSBC Personal Banker at 299-5959 or contact your Relationship Manager today.

Things to know before you apply

  • HSBC Bermuda's current BMD base rate for personal banking customers is 3.50%
  • all rates are subject to change without notice
  • preferential mortgage and loan rates may apply

Find out how to apply

Starting your journey to becoming a homeowner with us is easy. First, you'll need to apply for a pre approval. We can usually process this on the same day you apply.

Once your pre-approval is confirmed, our dedicated mortgage specialists will guide you through the rest of your application.

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From your first consultation to picking up your keys, discover how our mortgage process works from beginning to end.

Listening to what you have to say about our services matters to us.