HSBC Preferred Mortgage1
Access up to $3 million in financing with our Preferred interest rates2
What you get with our Preferred Mortgage1
  • $750 Closing Cost Credit3
  • Our Preferred interest rates2 on fixed and adjustable rate mortgages (ARM)4
  • 10% minimum down payment6 available on mortgages up to $1.5 million with no Private Mortgage Insurance (PMI)7
  • 20% Minimum down payment option on mortgages up to $3 million
  • Title Vesting for U.S. corporations and limited liability companies (LLC)8
Fixed Rate2 as low as
3.272% APR
Adjustable Rate as low as
3.632% APR
Our competitive rates2 are based on your relationship with HSBC
10% or 20%
Minimum down
payment required
10-30 year
Loan terms available

You have options with your Preferred Mortgage1 benefits

Preferred rate2 and payment benefits

  • Interest Only (ARMs4 only) or Principal & Interest monthly payments
  • Get an additional rate discount2 with auto-pay from a U.S. HSBC Checking Account

International borrowers5

  • Financing solutions for international borrowers5 with qualifying documentation
  • You do not need U.S. credit history to apply for an HSBC mortgage.

Get pre-approved

Rate Quote

Your personal mortgage consultant will contact you with your personalized rate.

Mortgage pre-approval

Take the first step to see how much home you can afford.

Over the phone

Call 844.HSBC.MTG (844.472.2684) and get pre-approved over the phone.

Am I eligible?

You’ll need an HSBC personal deposit and investment relationship of $10K to less than $75,000 to be eligible for a Preferred Mortgage1

Who can apply

  • U.S. citizens
  • Permanent and nonpermanent resident aliens
  • Foreign nationals

Properties we finance

  • 1 – 4 unit, attached, detached primary residences
  • 1 unit, attached, detached second homes
  • Financing available in U.S. (except AK and WV, ARMs4 in RI and Hawaii)

Credit report

  • An International Credit Report (ICR) will be required for borrowers without 2 years U.S. residency or U.S. employment

Important notes

  • Borrowers will receive $750 Closing Cost credit, restrictions apply3
  • Title vesting is permitted for U.S. Corporations and U.S. limited liability companies (LLC)
  • Borrowers who elect to have their monthly payment auto deducted from a U.S. HSBC checking account are eligible for an interest rate discount

1 HSBC Preferred Mortgage requires combined personal deposit and investment‡ balances of at least $10,000 U.S. Dollars or equivalent at any member of the HSBC Group (in the U.S. or home country). The minimum balance requirement must be fully funded before the closing of the mortgage loan. To learn more about the Preferred Mortgage requirements contact an HSBC branch or call toll free at 844.HSBC.MTG (844.472.2684).

2 Discounts and loan amounts depend on specific program and may require certain personal deposit and investment balances, reserves, equity and automatic payment from an HSBC U.S. checking account.

3 Must have a principal residence in the United States, U.S. Citizenship, or Permanent Residency to qualify for closing cost credit.  For more information, please contact your mortgage professional.

4 Interest rate may increase per the terms stated in your adjustable rate note. ARMs not available in Rhode Island.

5 International borrowers must have qualifying documentation to be eligible for an HSBC Preferred Mortgage, HSBC Deluxe Mortgage and HSBC Elite Mortgage. Monthly mortgage payments must be made in U.S. funds.

6 Loan amount cannot exceed $1,500,000 and borrowers must have traditional credit in the U.S. to be eligible for mortgages above 80% loan-to-value. The minimum down payment assumes a FICO score of 720 and above, a one unit single family dwelling purchase and no cash out refinance transactions.

7 Private Mortgage Insurance is provided by a private mortgage insurance company to protect lenders against loss if a borrower defaults. Private Mortgage Insurance is generally required for a loan with an initial loan to value (LTV) percentage in excess of 80%.

8 The LLC or Corporation must be formed as a single purpose entity solely for the purpose of owning the subject property. Additional restrictions apply.

Investment and certain insurance products, including annuities, are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC.  HSI is an affiliate of HSBC Bank USA, N.A.

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for property located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount.