Enjoy more stable interest rate and mortgage installments.

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What is Prime-Based Mortgage?

Secure your dream home while enjoying more control over your finances with the Citibank Prime Based Mortgage. A Prime Based mortgage is a relatively low cost mortgage which carries a fairly stable interest rate so that you don’t have to worry about future interest rate fluctuations during your mortgage term.

Whether you are purchasing a new home, transferring a mortgage, or are interested in a cash out re-mortgage, the Citibank Prime-Based can fulfil all your mortgage needs effectively.

Citibank Prime-Based Mortgage Plan Features & Benefits

  • Interest rate and mortgage installments stay relatively stable
  • More stable monthly installments make it easier to estimate the total interest component each month
  • Lowers the risks of interest rate fluctuations in the short term
  • Key Facts Statement (KFS) for Mortgage Loan

Welcome Offers

  • Enjoy HK$500 in cash rebate for online application
  • Up to 1% cash rebate, Free fire insurance for the 1st year


  • Stable Payments: The prime rate usually remains relatively stable, leading to consistent monthly mortgage payments.
  • Less interest rate fluctuation: This stability allows you to plan your finances more effectively and reduces the risk of sudden payment increases.
  • Savings in mortgage interest: If the prime rate is lower than other mortgage interest rate benchmarks, you can benefit from lower interest charges, resulting in savings in mortgage interest.

How To Apply

How to apply for the Prime-Based Mortgage?

To apply for a prime-based mortgage follow the steps given below:

  • Fill and submit an online enquiry form.
  • After you submit the form, you will be contacted by our mortgage sales manager who will follow up with you regarding your enquiry.
  • After completing this step, you can start your mortgage application process.
  • To start with the prime mortgage application process, you must complete a mortgage application form.
  • Submit the documents as required by the bank.
  • Once your prime mortgage loan application is received by the bank, it will then arrange for a valuation of the property you intend to buy.
  • After the above step is completed by the bank, it will prepare your mortgage terms. The terms will be based on the valuation result and your repayment ability.

If the bank approved your mortgage, then it will proceed with the following:

  • Sign the confirmation letter with mortgage
  • Send instruction letter to the corresponding solicitor firm to prepare mortgage deeds

After the solicitor firm signs the necessary contracts, it will notify the bank. Once that is done, the mortgaged amount will be passed by the bank to the seller's solicitor firm to complete the transaction.

The customer will also be provided with a copy of the repayment schedule.

Required Documents:

If applying in the name of an individual:

  • HKID or passport of borrower and guarantor (if applicable)
  • Temporary Sales Agreement (for new purchase)
  • Latest repayment schedule or latest 3 months' mortgage repayment record (for refinance)
  • Latest 3 months' payroll record shown on bank passbook or statement
  • Latest tax demand note/ latest tax return / employment letter

If applying in the name of a shell company*:

  • HKID or passport of personally guaranteed shareholder
  • Temporary Sales Agreement (for new purchase)
  • Latest repayment schedule or latest 3 months' mortgage repayment record (for refinance)
  • Business Registration / Certificate of Incorporate
  • List of Directors / Records documenting the transfer of shares
  • Documents showing share distribution
Applications in the name of a shell company are not accepted under Mortgage Insurance Program.

The documents listed above are for reference only. Citibank has the right to request additional documents depending on the information provided by each application. Please contact Citibank for details.

Act Now

Get expert advice to address mortgage enquiry in just one business day!*

Online Application

To borrow or not to borrow? Borrow only if you can repay!


  • Mortgage Application Hotline: (852) 2963 6489 a
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    Mortgage hotlines service hours: Monday to Friday 9:00am - 6:00pm
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    First year fire insurance waiver is subject to the decision of Citibank (Hong Kong) Limited.
  • *
    Our Mortgage Sales Manager will respond to enquiries within the next business day (excluding Saturdays, Sundays and Public Holidays).

Terms and Conditions:Terms and Conditions:

  • 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.
  • Citibank (Hong Kong) Limited reserves the right to amend the terms and conditions of the above mortgage plans without prior notice.
  • 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.
  • In the event of any discrepancy between the English and Chinese versions of this leaflet, the English version shall prevail.