Oi Wah Pawn 靄華押業

First Mortgage

Second Mortgage

Mortgage Refinancing

"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, only simple documentation is required. Self-employed, retirees or people without proof of income are welcome to apply.

Quality brands
Confidence guaranteed by a listed company

Flexible approval
Approved in as fast as 24 hrs

No collateral of title deed is required
Adaptable to your needs

Flexible repayment Interest-only & repayment available with terms of up to 20 years.

No application fee
Full loan amount with the fastest same-day withdrawal

Turnover of funds

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.

save credit card interest

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.

Application Procedure

Call or visit our office to submit your application

STEP 01

We will promptly process your related application

STEP 02

We will inform you about
interest, repayment and
loan amount details

STEP 03

Apply Now

Property Valuation

Oi Wah Property Credit Limited

Loan Product Information Summary:

The repayment period can be flexibly arranged, ranging from a minimum of 1 month to a maximum of 240 months.
According to the Money Lenders Ordinance, the maximum effective rate of interest on any loan at 48% per annum.
A brief summary of the relevant loan charges is provided below for reference. Final approval will be subject to the individual applicant’s actual circumstances:

Loan amount: HK$100,000 (Pay interest only during the term and repay Principal in full on maturity date of the loan.)
Loan repayment period: 12 months, with a monthly repayment amount of HK$1,000
Interest Rate (p.a.): 12%
Total repayment amount (principal plus interest): HK$112,000