Mangrove Mortgage Plan:
| Special Mortgage Offer | |
| Rate | As low as H+1.30% (cap2.50%) *With Deposite Linked |
| Net Rate (p.a) | As low as 1.364%^ |
| Loan-to-Value Ratio | Up to 90%## |
| Loan Tenor | 30 years |
| Cash Rebate | Up to 1.3% |
Contact us for more information about additional rewards.（WHATSAPP: 9099 7685）
**The above information is for reference only, and subject to the latest announcement of HKMA & HKMC.
Mangrove Vendor Payment Terms：
| Payment Plan | Payment Details | Discount |
| (A) 45 Days Cash Payment Plan | A preliminary deposit：5% Within 30 days after signing of the preliminary agreement：5% Within 45 days after signing of the preliminary agreement：90% | 8% |
| (B) Stage Payment Plan | A preliminary deposit：5% Within 60 days after signing of the preliminary agreement：5% Within 14 days after the date of the notification to the Purchaser：90% | 6% |
Mangrove
Early Settlement Cash Rebate：
(For Payment Plan (B) only)
| Payment Plan | Discount |
| (A) Within 120 days after the signing of the PASP | 1% |
Mangrove Discount
| Mangrove | Discount |
| Full Opening of Tuen Ma Line Discount | 2% |
| “Hung Hom City Living” Benefit | 2% |
| Home Starter Discount | 2% |
| “Subsidy of Stamp Duty” Benefit | 4% |
For more information, please visit our website.
*For further information please refer to the sales brochure for the Development
# For completed residential properties with property value below HK$9 million, the maximum loan amount shall either be (a) calculated at the maximum LTV ratio of 80% and up to 90% or (b) capped at HK$7.2 million, whichever is lower. If the property value is at or above HK$9 million (up to the cap of HK$10 million), the maximum loan amount shall be calculated at the maximum LTV ratio of 80%. If the property value is at or above HK$10 million, the maximum loan amount shall be calculated at the maximum LTV ratio of 50%
## For properties with property value is at or above HK$4.5 million (up to the cap of HK$6 million), the maximum loan amount shall be calculated at the maximum LTV ratio of 80%. If the property value is at or below HK$10 million, the maximum loan amount shall be calculated at the maximum LTV ratio of 60%, the property value is above HK$10 million, the maximum loan amount shall be calculated at the maximum LTV ratio of 50%.
You can refer to the “Maximum LTV Ratio” of the HKMCI website for details. http://www.hkmc.com.hk/eng/our_business/mortgage_insurance_programme.html
Ricacorp Mortgage Agency provide one-stop mortgage referral services including free referrals, personalised advice on mortgage choices and end-to-end mortgage application service.
Service Hotline: 2836 6121 / 2836 6183
WHATSAPP: 9099 7685
Email: mortgage@ricacorp.com
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