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Does the local bank check oversea loan before approval the property loan application in HK?

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  1. #1

    Does the local bank check oversea loan before approval the property loan application in HK?

    Does the local bank check oversea loan before approval the property loan application in HK?
    I want to buy a small apartment in HK but I do have a small investment loan in oversea. I'm wondering does the local bank will they check oversea credit history before the approval of a property loan in HK?


  2. #2

    Join Date
    Feb 2009
    Posts
    8,327

    When I bought my property in Hong Kong in 2009, Standard Chartered made me prepare a one line declaration "I do not have undisclosed debts in and outside Hong Kong". At the time i was not a HKPR, not sure if that was the reason and what are the rules today.

    shri likes this.

  3. #3

    Thank so much for sharing.