Overview
UOB (China) knows your options to own your dream home while addressing your financial needs. Our competitive home loan rates and flexible terms will help make your dream home a reality.
Finance up to 70% of the purchase price
Receive financing up to 70% of the purchase price or evaluation price of the property (whichever is lower). Own your dream home today.
Multi-Currency Home Mortgage Loans
We offer 3 types of currency: US Dollar / Hong Kong Dollar / Chinese Yuan
Flexible Repayment Tenor
Repayment can also be extended over a period of up to 30 years, or up to 70 years of age (whichever is earlier) and pay off your loan at a comfortable pace.
Finance up to 70% of the purchase price
Receive financing up to 70% of the purchase price or evaluation price of the property (whichever is lower). Own your dream home today.
Multi-Currency Home Mortgage Loans
We offer 3 types of currency: US Dollar / Hong Kong Dollar / Chinese Yuan
Flexible Repayment Tenor
Repayment can also be extended over a period of up to 30 years, or up to 70 years of age (whichever is earlier) and pay off your loan at a comfortable pace.
Unique Privilege
Engage for your dreaming house, better life and superior living environment, UOB (China) Home Mortgage Loan offers complete and competitive financial solutions catering for your needs. Support your house dream to come true.
Preferential Interest Rate
Our Privilege Customers are entitled to enjoy competitive mortgage interest rates.
Faster Process
We will response to Loan application with preliminary result within 2 working days
Simplified Application Procedure
Our Privilege Customer can enjoy our fast -track procedure for loan application
Flexible Customer Eligibility
Tailored application for Our Privilege Customer
Preferential Interest Rate
Our Privilege Customers are entitled to enjoy competitive mortgage interest rates.
Faster Process
We will response to Loan application with preliminary result within 2 working days
Simplified Application Procedure
Our Privilege Customer can enjoy our fast -track procedure for loan application
Flexible Customer Eligibility
Tailored application for Our Privilege Customer
CNY Loan Prime Rate (LPR) (Effective as of October 8, 2019)
Effective as from October 8, 2019, CNY mortgage loan rate will be established by reference to the Loan Prime Rate (LPR) plus bps applying to a latest five-year period rate as CNY loan pricing benchmark rate.
LPR is updated on a monthly basis by SHIBOR with authorization of PBoC whereby customer could check the rate on the official websites of SHIBOR and PBoC.
Remarks:
1. This broadcast notice contains CNY mortgage loan prime rate ("LPR") update which took effect as of October 8, 2019. The new LPR will apply to Mortgage Loan Contract executed on or after October 8, 2019.
2. The LPR only serves as a reference for CNY mortgage loan pricing where actual loan rate and LPR repricing period applicable to customer shall refer to relevant clauses specified in the Mortgage Loan Contract.
3. For more information, please contact your Secured Loan Specialist or dial hotline 400-166-6388.
4. For mortgage loan offered prior to October 8, 2019 and Mortgage Loan Contract executed prior to October 8, 2019 where loan is yet to be offered, covenants in the executed Mortgage Loan Contract shall apply. Separate notice will be announced in case of any change subsequently.
UOBC FCY Loan Benchmark Rate (Effective since January 16th, 2023)
- UOBC FCY Loan Benchmark Rate
- Interest Rate (P/A)
| UOBC FCY Loan Benchmark Rate | Interest Rate (P/A) |
| UOB China USD Housing Loan Lending Basic Rate |
8.50% |
| UOB China HKD Housing Loan Lending Basic Rate |
8.50% |
Remarks:
1. All above interest rates are only applicable to the mortgage contract that is issued on or after 26 Apr 2017.
2. UOBC FCY Loan Benchmark Rate (including but not limited to the Prime Rate, Board Rate, and Lending Rate ) in mortgage contract issued before 26 Apr 2017 (excluding this date) is not applicable to above interest rate. For details of such rate, please refer to your mortgage contract.
3. All above interest rates are for reference only. For actual loan rate, please refer to the final offer provided by the bank.
4. Should you have any query, please contact UOB China Privilege Banking Service Hotline at 400-166-6388. If you are calling from overseas, please call (86-21) 6061 8826, (9 a.m. to 6 p.m., working days).
FAQ
What can I get from UOBC Home Mortgage Loan Scheme?
We offer you various loan solutions that satisfy your own requirements.
We provide multi-currency including: USD, HKD, CNY
Am I eligible to apply?
Following the regulation and laws, UOBC housing loan is applicable to customer who purchases property in mainland China.
UOB (China) Home Mortgage Loan is open to local citizens, foreign passport holders (purchasing only one house for living purpose), including Hong Kong, Macau and Taiwan permanent residents.
Foreign applicants must have worked or studied in China for more than one year.
To know more about applicable cities and details of UOBC Home Mortgage Plan, please contact our mortgage specialist at each branch or call UOB (China) Privilege Banking Service Hotline: 400-166-6388. Overseas: (86-21) 6061 8826.
How long is the loan tenor?
Foreign passport holders, including Hong Kong, Macau and Taiwan permanent residents, are entitled to enjoy repayment period of 30 years; or until you reach age of 70, whichever is earlier.
E.g. if you are at the age of 45, the longest tenor will be 25 years.
Chinese citizen can enjoy up to 30 years of repayment period, or at age of 65 (whichever is the earlier)
E.g. if you are at the age of 45, the longest tenor will be 20 years.
What is the interest rate for home mortgage loan?
The interest rate applicable to a particular mortgage application is subject to bank’s approval on a case by case basis.
For more information, please call UOB (China) Privilege Banking Service Hotline: 400-166-6388.
Overseas: (86-21) 6061 8826.
How do I repay the loan?
If you join the UOB (China) Home Mortgage Loan Scheme, we will calculate your installment according to your total loan amount.
The first installment date will be the following month after loan disbursement date.
For example, if your loan is disbursed on 25th June, your first repayment date will be 25th July.
Your last repayment date will be provided in the Bank Loan Contract.
We will assist you in opening a new bank account with your chosen currency at our local branch, in order to make the repayment at your convenience.
How do I apply?
Please contact our local branches and obtain application form, we will contact you immediately; you can also call UOB (China) Privilege Banking Service Hotline: 400-166-6388.Overseas: (86-21) 6061 8826.
Please also note you need to provide relevant documents while applying for the Home Mortgage Loan.
What loan application documents are required?
Documents Required for Application.
Customer Identity Documents :
Identity Card for local residents; Entry Card for Hong Kong, Macau and Taiwan.
Residents; Passport for foreigners; Marriage Certificate.
Customer Income Proof:
Income Letter, Bank Statement, or other income proof.
Property Transaction Proof:
Property Ownership Certification, Deposit Agreement or Sales and Purchase Agreement, etc..
Other required documents.
Whats if the house purchasing price is differed from the evaluation price?
Before we approve your application, we will appoint designated evaluation institute to evaluate your property. If the evaluation is lower than your , you need to pay for the balance in cash before loan disbursement.
How to know the monthly installment?
Please use our housing loan calculator from the website if you have not applied housing loan before to UOBC. The calculation result is for reference only. The actual installment amount shall be subject to the property mortgage loan contract .
