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HSBC Select Mortgage

For borrowers with no HSBC relationship or less than $10,000 in combined personal deposit and investment balances

Access up to $2 million in financing

What you get with our HSBC Select Mortgage

  • $250 Closing Cost Credit1
  • Fixed and adjustable rate mortgages (ARM)2
  • 20% Minimum down payment option on mortgages up to $2 million
  • Title Vesting for U.S. corporations and U.S. limited liability companies3

HSBC Select Mortgage rates

  Interest Rate APR
30 Year Fixed Rate





10/6 ARM
7/6 ARM
5/6 ARM

HSBC Select Mortgage rates

  30 Year Fixed Rate

Interest Rate






  10/6 ARM
Interest Rate 6.875%
APR 7.413%
  7/6 ARM
Interest Rate 6.970%
APR 7.675%
  5/6 ARM
Interest Rate 6.943%
APR 7.830%

Jumbo mortgages: based on the purchase of a single-family, primary residence, 65% loan- to-value (LTV), a credit score of 740, 15 days of prepaid interest and an interest rate with a 60-day lock period. For each products' corresponding closing costs, points, and payment examples click assumptions drop down below. Rates shown are for New York only; for current rates available in other states or for refinance rates, please call 866.427.2101.

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 prequalified4 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

Am I eligible?

The Select Mortgage is for borrowers with no HSBC relationship or combined personal deposit and investment balances less than $10,000.

Who can apply

  • U.S. citizens

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, ARMs2 in RI)

Important notes

  • Borrowers may receive $250 Closing Cost credit1, restrictions apply
  • Title vesting is permitted for U.S. Corporations and U.S. limited liability companies (LLC)3
  • Borrowers who elect to have their monthly payment auto deducted from a U.S. HSBC checking account are eligible for an interest rate discount.


Explanation of Terms

Fixed rate mortgage – The interest rate remains the same for the full term of the mortgage.

Adjustable rate mortgage (ARM) – 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. ARMs not avaliable in Rhode Island.

Interest Rate – The rate of interest on a mortgage, expressed as a percentage.

APR – 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. 

Jumbo mortgage – Jumbo home mortgages exceed the limits set by the Federal Housing Finance Agency (FHFA).

1 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.

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

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

4 Final mortgage approval is subject to receipt of a satisfactory purchase contract by commitment expiration date, satisfactory appraisal and title report and completion of all conditions stated in your commitment letter.

‡ 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.

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

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.

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