Wetland Seasons Bay Mortgage Plan

	Wetland Seasons Bay Special mortgage offers
Rate	As low as H+1.30% (cap2.50%) *With Deposite Linked
Net Rate (p.a)	As low as 1.37%^
Loan-to-Value Ratio	Up to  90%#
Loan Tenor	up to 30 years
Cash Rebate	Up to 1.4 %

# 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%.

You can refer to the “Maximum LTV Ratio” of the HKMCI website for details
http://www.hkmc.com.hk/chi/our_business/mortgage_insurance_programme.html

Wetland Seasons Bay Vendor Payment Terms：

Payment Plan	Payment Details
4(A1). Cash Payment Plan	The Terms of Payment: -preliminary deposit：5% -further deposit shall be paid within 30 days：5% -45 days after the date of signing of the preliminary agreement内：90% Payment Plan Benefit: – 5.5% discount on the price – Home Purchase Price Discount: 4% – Extra Discount: 5% – Special Discount: 2% – Price Discount Offer for SHKP Club Member: 1%
4(B1) Flexible Payment Plan	The Terms of Payment: -Preliminary deposit：5% -Further deposit shall be paid within 120 days：5% -Within 14 days after the date of the notification to the Purchaser：90% Payment Plan Benefit: – 3% discount on the price – Home Purchase Price Discount: 4% – Extra Discount: 2% – Price Discount Offer for SHKP Club Member: 1%
4(C1) Smart Payment Plan	The Terms of Payment -Preliminary deposit：5% -Further deposit shall be paid within 120 days：5% -Within 14 days after the date of the notification to the Purchaser：90% Payment Plan Benefit: – 1% discount on the price – Home Purchase Price Discount: 4% – Extra Discount: 1% – Price Discount Offer for SHKP Club Member: 1% – Stamp Duty Cash Rebate: 3%
4(D1) Upgrade Smart Payment Plan	The Terms of Payment: -Preliminary deposit：5% -Further deposit shall be paid within 120 days：5% -Within 14 days after the date of the notification to the Purchaser：90% Payment Plan Benefit: – 1% discount on the price – Price Discount Offer for SHKP Club Member: 1% – Stamp Duty Cash Rebate: 9%

First Mortgage Loan offered by the Vendor: (only applicable to Purchasers who choose Terms of Payment B1, C1, D1)

Loan Amount	maximum 70% of the net purchase price	maximum 75% of the net purchase price
Rate	First 3 years：P-2.85% Thereafter P+1% * (Currently P=5%)	First 3 years: P-2.35% Thereafter P+1% *(Currently P=5%)
Loan Tenor	▲  not exceed 25 years	▲  not exceed 25 years

Wetland Seasons Bay Second Mortgage Loan:{FOR Payment Plan A1)

Loan Amount	maximum 25% of the net purchase price ( first mortgage+ Second Mortgage not exceed 75% of the net purchase price)	maximum 20% of the net purchase price ( first mortgage+ Second Mortgage not exceed 75% of the net purchase price)
Rate	First 3 years: P-2.25% Thereafter P+1% (P=5%)	First 3 years P-2.5% Thereafter P+1% (P=5%)
Loan Tenor	▲ not exceed 25 years	▲ not exceed 25 years

Wetland Seasons Bay Super Second Mortgage Loan: (FOR Payment Plan B1, C1, D1)

Loan Amount	maximum 25% of the net purchase price ( first mortgage+ Super Second Mortgage not exceed 75% of the net purchase price)	maximum 20% of the net purchase price ( first mortgage+ Super Second Mortgage not exceed 75% of the net purchase price)
Rate	First 5 years H+1.8% / P-2.5%* Thereafter P-2.5% (P=5%)	First 5 yearsH+1.3% / P-2.5%* Thereafter P-2.5% (P=5%)
Loan Tenor	▲not exceed 25 years	▲ not exceed 25 years

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Ricacorp Mortgage Agency provide one-stop mortgage referral services including free referrals, personalised advice on mortgage choices and end-to-end mortgage application service.

Contact us by phone or whatsapp anytime
Service Hotline: 2836 6121 / 2836 6183
WHATSAPP: 9608 3114
Email: mortgage@ricacorp.com

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