"Second mortgage" means that the property itself has been mortgaged at a bank or a lending institution, but the owner applies for another loan through the property without pledging the deed of property.
OI WAH provides you with a second mortgage loan plan, which can add mortgages to the already mortgaged property without pledging the deed of property, being simple and flexible. The review procedure is very simple and the interest is very low.
OI WAH's Second Mortgage Loan Plan is not limited to the type of property and the age of the building, and no proof of income is required. Self-employed, retirees or people without proof of income are welcome to apply.
If your property's first mortgage loan at the bank has not yet been fully repaid, you can cash out through the second mortgage loan plan of OI WAH for funds turnover. Since OI WAH’s Second Mortgage Loan Plan does not require a pledge of the deed of property, and the interest rate is very low, it is popular among owners who are in need of funds turnover.
If your property's first mortgage loan at the bank has not yet been fully repaid, and you need to settle the huge credit card charges, you can cash out through the second mortgage loan plan of OI WAH for one-time repay the credit card charges. Since the interest on bank credit cards is relatively expensive, comparing with the very low interest of the second mortgage loan plan of OI WAH, it is smart to use the second mortgage loan plan of OI WAH to settle the credit card charges.
- OI WAH's Second Mortgage Loan Plan's advantages:
Tailor the personal best rate for you;- Interests remain unchanged within the repayment period;
- Very long repayment period;
- No need to submit company financial statements;
- Followed up by professional loan consultant throughout the procedure;
- Procedures handled by lawyer, which is reliable and confident.
- Promotion:
- Free of lawyer fee;
- Free of handling fee and valuation fee;
- No early repayment penalty.
Application Method
All procedures are handled by the Law Firm. For enquiries, please call or email us.
Applicants are required to submit the Hong Kong identity card, the most recent rate value, the most recent management fee list, first mortgage and second mortgage repayment schedules as well as the most recent repayment record. Individual applications may need to submit additional documentation.
Terms and Conditions:
- The above offers do not apply to existing mortgage customers.
- Oi Wah Property Credit Limited reserves the right to make the final decision on the relevent offers and applications.
The Company is not only professional and honest, but also understands the different needs of its clients. We provide exclusive appointment services for distinguished clients to handle the transaction of valuables, so that all privacy of the clients is kept confidential. The independent meeting room is located in the office building of the Group at Rm 2302-2303, Kwan Chart Tower, 6 Tonnochy Road, Wan Chai. For enquiries, please call +852 6699-2228 or contact us via this website.
