Fall in love with a home loan from HSBC

MANILA, Philippines - February is not just the season of hearts and flowers; it’s also a good time to think about home loans.

Yes, home loans.

With the new year comes new and better interest rates, and at HSBC, New Home

Loan applicants can enjoy a 5.75% interest rate per annum under a 1-year fixed re-pricing scheme (down from 5.99%); 7.49% for 2-year re-pricing; 7.69% for 3-year re-pricing; and 8.99% for 5-year re-pricing. Plus, as an HSBC advance customer, you’ll also enjoy a 0.25% rate discount on the prevailing home loan rate starting on the next re-pricing period.

So, in addition to planning your Valentine’s outings this season, you may also want to think about drawing up those blueprints for your dream home, adding a room to your existing house, purchasing building materials, or even just knocking down a wall to add space to your existing sala. All this takes money — as does that Valentine’s jewelry or expensive dinner out on the town — so one of the best places to shop around for a good deal is HSBC.

As the world’s local bank, HSBC understands where you are starting from, where you want to go and helps you understand how to get there. Part of its services include helping you find the best financial tools to purchase, build or renovate your dream home, or refinance your existing home loan. With HSBC’s Home Loan, you have access to flexible features and world-class benefits that allow you to customize your loan to fit your unique needs and requirements.

And looking for a home loan doesn’t necessarily mean a rigid, long-term, big-budget scheme either. With HSBC’s Home Loan, you have access to flexible features and world-class benefits that allow you to customize your loan to fit your own unique needs and requirements.

It starts like this: you open an HSBC Home Loan account of at least P2 million, you automatically qualify as an HSBC Advance Customer. 

With this, you get discounts on your home loan’s interest rate for succeeding years — something any long-term home loan recipient will appreciate.

In fact, all HSBC Advance and HSBC Premier customers exclusively enjoy 0.25 percent and one percent off, respectively, on the prevailing/standard home loan interest rate, starting with the next re-pricing period. This amounts to bigger savings for the life of your loan — and more money to invest in, let’s say, that outdoor swimming pool you’ve been dreaming about.

As “the world’s local bank,” HSBC understands the needs of every homeowner or homebuilder — wherever they’re starting from, wherever they want to go, and most importantly, how they plan to get there.

Because not everyone has the same plan or future in mind, HSBC’s Home Loan program is about flexibility.

You can choose a monthly or semi-monthly (every two weeks) payment scheme to match your personal cash flow needs. HSBC also offers either the Straight-line or Reducing Balance Calculation Method to chart your ideal payment scheme. Opt for straight-line to easily forecast your amortization cost along with your other expenses; or go for the reducing balance option to save on interest payments.

And in this time of increasingly international lifestyles, HSBC understands the value of offering loan payment in many currencies. You can call an HSBC Home Loan Specialist and ask for a home loan quotation in your preferred foreign currency.

So for all soon-to-be homeowners out there, this is the best time to get a place for you and your loved ones. “Home, sweet home” has never been this sweet. 

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Apply for an HSBC Home Loan today. Call (02) 85-800 to speak to HSBC’s team of dedicated Home Loan Specialists to help you come up with a custom loan package.

Click to www.hsbc.com.ph www.hsbc.com.ph. Or visit your nearest branch.