HIBOR Mortgage
Citi HIBOR Mortgage plan has been specifically designed to ensure that you won’t need to step away from your wish of purchasing a house
due to high repayment rates. You will be able to save money as you won’t have to pay a high interest expense each month! It is also flexible as it
gives you the liberty to choose from HIBOR periods of 1 to 3 months.
Citi HIBOR Mortgage Plan helps you take advantage of market interest rate movement. As a result, you can capture a lower mortgage rate to
save interest expense. Plan for your dream home today!
Exclusive Privileges
Mortgage plan
periods of 1 or 3 months flexibly
capped based on
the bank’s Prime Rate
What is the difference between HIBOR plan and Prime Rate plan?
HIBOR Mortgage rates depend on the money market interest rate movement whereas Prime Rate is an interest rate used by banks, usually the interest rate at
which banks lend to creditworthy customers and would vary from banks to banks. While Prime rates are not fixed, it is generally more stable than HIBOR rates,
making it easier for applicants to estimate the interest expense.
private property worth
HK$6,400,000.
mortgage loan of HK$3,840,000
online at Citi.
plan with a cap.
4.882%.
The cap is P-2.0% = 3.250%.
rate trends, she enjoys lower
mortgage rate.
a 1-month HIBOR at
1.500%, H + 1.5% = 3.000%, less than
the interest cap of 3.250%,
resulting in a 0.250% interest saving.
Remarks:
- • The example of calculating the mortgage for the above property is based on the following assumptions and is for reference purposes only.
- • As of November 3, 2025, according to Citibank records, the 1-month HIBOR is 3.382%, the 3-month HIBOR is 3.541%, and the Prime Rate is 5.250%.
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 better 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?
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 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. Actual interest rate, repayment period and interest expense are depending on customer's existing loan details and Citibank's final approval of loan amount and interest rate. Please contact Citibank for details.
- 5. Citibank (Hong Kong) Limited reserves the right to amend the terms and conditions of the above mortgage plans without prior notice.
- 6. Citibank (Hong Kong) Limited reserves the right of the final approval of all loan applications. For further details of terms and conditions applying to any mortgage plans, please contact Citibank.
- 7. In the event of any discrepancy between the English and Chinese versions of this leaflet, the English version shall prevail.