90% Mortgage
Citi offers mortgages up to 90% of property value with interest-saving solutions. Not only is your down payment reduced, but you can also
become a first-time property owner sooner than ever! Just 10% down payment to enjoy a wider choice of properties.
Exclusive Privileges
Prime-based or Deposit
Linked Mortgage Plans
How does a 90% mortgage work?
Applicable to properties values Up to HK$17.15 million;
Applicable for provisional agreements for sale and purchase on or after 16 October 2024
The maximum loan-to-value (LTV) ratio of Mortgage Insurance Program is stated as below:
| Property value | Maximum LTV Ratio | |
|---|---|---|
| Non–first time homebuyer | First time homebuyer^ | |
| At or below HK$10,000,000 | 80% | 90% |
| Above HK$10,000,000 and below HK$11,250,000 |
80% | 80% - 90% (Max loan cap = HK$9,000,000) |
| At or above HK$11,250,000 and up to HK$15,000,000 |
80% | |
| Above HK$15,000,000 and up to HK$17,150,000 |
70 – 80% (Max loan cap = HK$12,000,000) |
|
^Only applicable to application with (i) all mortgagors not holding any residential properties in Hong Kong at the time of application and (ii) all applicants being regular salaried persons; and Debt-to-income ratio is 50% or below.
enjoy the advantage of a 90% mortgage ratio
HK$8,500,000 private
property for the first time
mortgage applications is 70%
Loan:
HK$8,500,000 x 70% = HK$5,950,000
Downpayment: HK$2,550,000
burden
reduces the downpayment
mortgage is
Loan:
HK$8,500,000 x 90% = HK$7,650,000
Downpayment: HK$850,000
loan size
downpayment burden
HK$2,550,000 to HK$850,000, by
HK$1,700,000, allowing Ms. Deng
to retain more liquidity
loan-to-value ratio
Remarks:
- • The example of calculating the mortgage for the above property is based on the following assumptions and is for reference purposes only.
Promotions
Exclusive for Citigold® Private Client and Citigold® customers
New Customer:
- • Join Citigold Private Client or Citigold and drawdown a mortgage loan to earn extra HK$8,000 and HK$5,000 Cash Rebate respectively1
Existing Customer:
- • Refer friends to drawdown a mortgage loan2 and open a Citigold Private Client or Citigold account to earn a Cash Rebate of up to HK$23,0003
Apply Now Learn More: Citigold Private ClientCitigold
Member-Get-Member Referral Program
Refer a friend to apply Citi Mortgage to earn Cash Rebate2
- • The referrer will enjoy $2,000 cash rewards for referrals with Referee’s applied loan amount of HK$2,000,000 or above and less than HK$5,000,000
- • The referrer will enjoy HK$5,000 cash rewards for referrals with Referee’s applied loan amount of HK$5,000,000 or above
The maximum cash rewards for each referrer at each case of successful referral is HK$5,000.
Simple Application – Complete Online
Finish your application in just 4 easy steps!
Required Documents
Want to get an initial property valuation and assess your
required payment and affordability?
Citi provides a series of mortgage tools to help you plan your mortgage application and budget.
Instant property valuation
online or through the Citi Mobile® App
Quick calculation on actual interest rates
and monthly payments, and interest
earnings with deposit combinations
Evaluate borrowing and repayment
capabilities online, to understand the
mortgage risk
Any questions about mortgages?
Get expert advice to address mortgage enquiry in just one
business day!*
FAQ
FAQ
What are the steps to apply for a mortgage / Mortgage Further Advance / Property Refinancing?
What documents are required for a mortgage application?
How do I apply for a refinancing mortgage?
What are mortgage interest rates based upon?
What is the highest acceptable loan-to-value ratio?
What are the fees and charges involved in purchasing a property?
What should I do if I have further inquiries?
What are the solicitor arrangement and the related cost in Citibank?
The information herein is for general information only. It should not be relied upon as legal or professional advice. Whilst reasonable care has been taken to ensure the accuracy of the information herein, no representation or claims are made as to its correctness or completeness. Content herein may be modified at any time without notice.
To borrow or not to borrow? Borrow only if you can repay!
Remarks:
#All applications, final decision and the final approved loan terms are subject to the bank's discretion including but not limited to terms and conditions, documentation verification and completion, satisfactory credit verification results by the bank and completion of the valuation and legal requisitions (where applicable) and other relevant checks in the application process.
- 1. Citigold Welcome Offer Terms and Conditions: https://www.citibank.com.hk/english/wealth-management/citigold/privileges-and-offers/welcome-offers/ Citigold Private Client Welcome Offer Terms and Conditions: https://www.citibank.com.hk/english/wealth-management/citigold-private-client/privileges-and-offers/welcome-offers
- 2. Citibank Mortgage Member-Get-Member Referral Terms and Conditions
- • The Member-get-Member Program is applicable to any mortgage loan application submitted from Jan 1, 2025 to Dec 31, 2025 (both dates inclusive) and the mortgage loan is successfully drawn down in Citibank. To be eligible for the Cash Reward, the Referee must fill in a referral form and submit to us at loan application.
- • The Referee’s applied mortgage loan must beHK$2,000,000 or above. Any existing loan top-up or staff loan is not eligible for this program. The applied loan amount is subjected to the decision made by Citibank (Hong Kong) Limited.
- • The referrer will enjoy $2,000 cash rewards for referrals with Referee’s applied loan amount of HK$2,000,000 or above and less than HK$5,000,000. The referrer will enjoy HK$5,000 cash rewards for referrals with Referee’s applied loan amount of HK$5,000,000 or above. The maximum cash rewards for each referrer at each case of successful referral is HK$5,000.
- • If the applicant or referrer has received any cash rebates, the bank has to take into account the cash rebates and the final loan amount may be deducted.
- • The Referrer must be a holder of a Citibank banking account. The referee cannot be the same person as the Referrer. The Referrer must not be a borrower, a mortgagor or a guarantor of the applicable mortgage application.
- • The Cash Reward will be credited to the Citibank banking account held by the Referrer within 3 months of the loan drawdown of the applicable mortgage loan. The Referrer should have a valid Citibank Saving / Checking account at the time when the Cash Reward is credited.
- • This program is not applicable to U.S. persons.
- • This program is not applicable to Referrers and Referees who are a resident individual of the European Union, European Economic Area (EEA) or any other jurisdictions where referral activity is restricted, at the time of referral or fulfilment of the conditions under this program. Please consult a bank representative for details.
- • This program will not be available in conjunction with any other mortgage member-get-member program. The Referee is not entitled to the Cash Reward if the referee’s mortgage application has already been referred by other referral program.
- • Self referral is not accepted. Any Citibank staff is eligible for this program but (a) they should not be eligible for any other incentive programs relating to other mortgage referrals, and (b) any sales representatives who may have mortgage incentive shall not be eligible. Staff to staff referral arrangement will not be considered.
- • Citibank reserves the right to vary or cancel this program and/ or amend any of these Terms and Conditions at anytime without prior notice. All matters and disputes will be subject to the final decision of Citibank.
- • The English version of these Terms and Conditions shall prevail wherever there is a discrepancy between the English and the Chinese versions.
- 3. Banking Account Client Referral Offer Terms and Conditions: https://www.citibank.com.hk/english/banking/mgm/promotion-mgm-referrer.html
- 4. The maximum mortgage loan amount is capped at 90% of the property value and subject to relevant loan amount cap. Final approved loan amount is subject to decision of the HKMC Insurance Limited.
i. If the property value is HK$10,000,000 or below,- a. for the first time homebuyer with below 2 conditions fulfilled, the maximum loan amount shall be calculated at the maximum Loan-to-Value ratio (LTV) of 90%.
Conditions:- 1. First time homebuyer(s) who does/do not hold any property at the time of loan application;
- 2. Regular salaried; and debt-to-income ratio is 50% or below.
- b. for the non-first time homebuyer, the maximum loan amount shall be calculated at the maximum Loan-to-Value ratio (LTV) of 80%.
ii. Applicable for provisional agreements for sale and purchase before 7 July 2023.- a. If the property value is above HK$10,000,000 to HK$11,250,000, the maximum loan amount shall be calculated at the maximum Loan-to-Value ratio (LTV) of 80%.
- b. If the property value is above HK$11,250,000 to HK$19,200,000, the maximum loan amount shall be calculated at the maximum Loan-to-Value ratio (LTV) of 80% with max loan cap of HK$9,600,000.
iii. Applicable for provisional agreements for sale and purchase on or after 7 July 2023- a. If the property value is above HK$10,000,000 to HK$11,250,000, the maximum loan amount shall be calculated at the maximum Loan-to-Value ratio (LTV) of 80% with max loan cap of HK$9,000,000.
- b. If the property value is above HK$11,250,000 to HK$15,000,000, the maximum loan amount shall be calculated at the maximum Loan-to-Value ratio (LTV) of 80%.
- c. If the property value is above HK$15,000,000 to HK$17,150,000, the maximum loan amount shall be calculated at the maximum Loan-to-Value ration (LTV) of 70% with max loan cap of HK$12,000,000.
- a. for the first time homebuyer with below 2 conditions fulfilled, the maximum loan amount shall be calculated at the maximum Loan-to-Value ratio (LTV) of 90%.
- 5. The mortgage scheme is not applicable to Equitable Mortgage.
- 6. The preferential savings rate will become effective two days after the drawdown date of the HIBOR Deposit-Linked Mortgage, providing:
- i. Only one Citibank Currency Manager Call Deposit Account is opened in the name of Borrower/ Co-borrower(s)/ company and
- ii. A deposit amount (under the above account) of less than, or equal to, 50% of the outstanding loan balance is maintained. Any deposit amount exceeding this limit will be calculated on the basis of Citibank (Hong Kong) Limited's normal call deposit rate.
- 7. The above example is for reference only. All interest rates are for reference only and are not guaranteed.
- 8. In the event of any discrepancy between the English and Chinese versions of this leaflet, the English version shall prevail.