Hang Seng Bank H-Plan Mortgage

Hang Seng (a HSBC Group subsidiary) mirrors the HIBOR + 1.3% H-Plan structure but typically offers slightly more generous cash rebates — up to 2.3% — and has historically been more willing to approve high-LTV transactions under the Mortgage Insurance Programme (MIP). For first-time buyers using HKMC mortgage insurance to access 90% LTV financing, Hang Seng's dedicated mortgage insurance processing team delivers faster approvals and better pre-approval communication than most competitors.