Personal Loan
Car Park Mortgage
  • Loan-to-value ratio up to 85% without upper limit
  • No handling fee, legal fee and valuation fee
  • Repayment terms up to 30 years or payment of interest only in the first 3 years are both available
  • Applicable to both self-use and leased car parking spaces
  • Simple procedures and successful approvals despite insufficient income proof
  • Daily interest calculation, no limit on early repayment amount or penalty for early repayment
  • Reserved standby credit facilities for owners to flexibly fulfil their future funding needs; re-borrowing at any time if necessary without re-approval process: no withdrawal fees and interest for the reserved standby credit facilities
Note:
  1. The repayment term, monthly repayments, interest rate and other conditions are subject to final approval and Wing Fung Credit Limited reserves the right to review and approve the loan amount, term and interest rate.
  2. In accordance with the Money Lenders Ordinance, the annualized percentage rate does not exceed 48%. The final personalized interest rate varies according to the customer’s financial position. Flexible repayment tenor from 3 months up to 360 months. Calculated and based on a loan amount of HK$10,000 with annualized percentage rate of 8% and repayment period of 12 months, the monthly instalment is HK$870. The total repayment amount is HK$10,440 and the total interest of the loan is HK$440.