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HSBC Preferred Mortgage1

For borrowers with $10,000 to less than $75,000 in combined HSBC personal deposit and investment‡ balances
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
  • 20% Minimum down payment option on mortgages up to $3 million
  • Title Vesting for U.S. corporations and limited liability companies (LLC)6
Fixed Rate as low as
3.243% APR
Adjustable Rate as low as
2.610% APR
Our competitive rates2 are based on your relationship with HSBC
10% or 20%
Minimum down
payment required
10-30 year
Loan terms available

HSBC Preferred Mortgage benefits

Interest rates and discounts

  • Interest Only7 (ARMs4 only) or Principal & Interest monthly payments
  • Get a 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.

Investment properties

  • Financing available on investment properties
  • 1-4 unit (attached and detached), condos, Planned Unit Developments (PUDs), and cooperatives8

Get started

Quick and Easy

Rate Quote

A Mortgage Consultant will contact you with your personalized rate quote.

Quick and Easy

Mortgage financing request

Take the first step to get prequalified to buy or refinance your home.

Quick and Easy

Connect with a
Mortgage Consultant

Call 844.HSBC.MTG (844.472.2684) to speak with a Mortgage Consultant to learn more.

Build your mortgage

Use our calculator to explore your loan options and mortgage rates.

  • Input your loan terms and down payment
  • View mortgage rates and options built for you

Home search & rewards program**

Am I eligible?

You’ll need an HSBC personal deposit and investment relationship of $10,000 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)

Credit report

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

Important notes

  • Borrowers may receive $750 Closing Cost credit, restrictions apply3
  • Title vesting is permitted for U.S. Corporations and U.S. limited liability companies (LLC)6
  • Borrowers who elect to have their monthly payment auto deducted from a U.S. HSBC checking account are eligible for an interest rate discount2

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 844.HSBC.MTG (844.472.2684).

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

7 Available on adjustable rate mortgage (ARM) loans only. When interest-only payments are made for a period of time, the principal balance of the loan does not decrease. When principal and interest payments commence, the monthly payment will increase substantially.

8 Mortgage financing on cooperatives is only available in MD, NJ, NY & Washington DC.

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.

** HomeStory Real Estate Services is a licensed real estate broker. HomeStory Real Estate Services is not affiliated with HSBC, and HSBC is not responsible for the real estate services and rewards program provided by HomeStory Real Estate Services. Obtaining a mortgage from HSBC is optional and not required to participate in HomeStory Real Estate Services’ home rewards program. The borrower may arrange for financing with any lender. For HomeStory terms and conditions visit

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for properties 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.

If you are a service member on active duty looking to refinance your mortgage loan, please consult your legal advisor regarding whether your existing mortgage loan is eligible for benefits under the Servicemembers Civil Relief Act and how a refinance may impact those benefits.

*Rate is subject to change based upon your banking relationship with HSBC. Rates shown are for New York only; for current rates available in other states, please call 866.427.2101.

*Explanation of Terms

Jumbo Mortgages

Annual Percentage Rate (APR) and Monthly Payment
The APR is the annual cost of the loan and includes fees (such as mortgage insurance, most closing costs, discount points and loan origination fees) indicating the total cost of the loan. 

Adjustable Rate Mortgages (ARMs)
The APR and monthly payment shown for Adjustable Rate Mortgages (ARMs) may increase or decrease after the initial fixed rate period per the terms stated in your adjustable rate note.

Current Rates
Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property
approval based on secondary market guidelines. The rates shown are based on average rates available to most customers. Your individual rate may vary.

Assumptions: The Jumbo Fixed Rate and Adjustable Rate Mortgages APR and Monthly Payment calculation is based on a loan amount of $2,000,000 for the purchase of an owner occupied property, a down payment of 35%, closing costs of $2,373.75 plus points shown above, 15 days of prepaid interest and an interest rate with a 60-day lock period.our 

Payment Examples:

5/1 ARM Jumbo Preferred: The total repayment term for this ARM loan is 30 years or 360 payments. For the first 60 months, the principal and interest payment will be $7934.69 with a corresponding simple interest rate of 2.531%.  For the remaining 300 months, the principal and interest payment will vary based upon the margin added to the current index on scheduled adjustment dates (which may be subject to adjustment or lifetime interest rate caps). Therefore, the actual interest rate and monthly principal and interest payment may be higher or lower than shown here. 

30yr Fixed Jumbo Preferred: The total repayment term for this fixed rate loan is 30 years or 360 payments. Monthly Payments will be $8675.61 with a corresponding simple interest rate of 3.224%.

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