What happens when he leaves his job? Does he still keep the preferential rates? As far as I’m aware, most banks offer preferential rates to employees as long as they work at the bank.
Originally Posted by Gollygordon:
What is bogus here? It's a loan from a company to an employee - what do market rate mortgages have to do with anything?
As an aside, a friend of mine is relatively senior at a major bank in HK and gets a 0% loan/mortgage as one of the perks of the job.