When the property's market valuation is higher than its original purchase price, or when your original mortgage principal has been partially repaid, it is the golden opportunity to perform a cash-out top-up.
Below is a brand-new real case for you, perfectly demonstrating how a property owner painlessly cashed out substantial funding up to HK$1.4 Million through property appreciation and accumulated mortgage repayments:
Property Value
Max. LTV Ratio
Max Loan Limit
Remaining Balance
Net Cash-Out Amount
HK$ 6,000,000
60%
HK$ 3,600,000
HK$ 3,600,000
N/A
HK$ 7,000,000
60%
HK$ 4,200,000
HK$2,800,000 (Principal repaid)
Unlocked HK$1,400,000 Cash!
Fill out our online form or submit documents via WhatsApp/Email for a fast and easy start.
Processed instantly by our specialists, with preliminary approval results available in as fast as 15 minutes.
Sign the contract in person in as fast as 24 hours.
Get your cash cheque on the same day to instantly resolve your cash flow needs.
Evaluation Items
Definition
Relationship with Original Institution
Maximum LTV Ratio
Interest Rate Range
Processing Time
Suitable For
Top-up Mortgage
Apply to the original mortgage institution to increase the loan amount
Maintain the original institution, still under the first priority
Up to 60% to 80% at most
Relatively low (close to the original first mortgage rate)
Relatively slow (requires re-assessment by the original institution)
Owners needing extra cash who like their current rate.
Cash-out Top-up/Refinancing
Transfer to a new institution while increasing the limit and withdrawing the difference
Repay and terminate the relationship with the original institution, transfer to a new institution
Up to 80% at most
Low (enjoy brand-new privileged low-interest market channels)
Relatively slow (involves re-valuation and legal procedures)
Smart owners wanting a large cash-out at low interest.
Second Mortgage
Retain the original first mortgage and apply for a second mortgage with a new institution
No consent from the original institution required; the new institution holds the second priority
Total LTV ratio of 1st + 2nd mortgage can reach up to 80% to 90%
Slightly higher (as a subordinate priority, the institution bears higher risk)
Extremely fast (GICL offers approval in as fast as 15 mins, payout within 24 hours)
Owners with ultra-low 1st rates needing urgent, fast capital.
Refinancing (Pure)
Change the mortgage institution to earn rebates or low interest, without increasing the loan
Repay and terminate the relationship with the original institution, transfer to a new institution
Up to 60% to 70% at most
Lowest (purely pursuing the lowest interest rates and cash rebates in town)
Relatively slow (generally takes more than 1 month)
Owners purely looking to cut interest costs and earn cash rebates.
Up to 80% LTV (minus current mortgage balance). Example: For a $10M property with a $3M bank balance, you can unlock up to an extra HK$5 Million in cash through GICL.
Rates vary by lender. Traditional banks (H or P-plan) run around 3.5% - 4.5% p.a. Finance companies offer express approval with rates generally around 6% - 12% p.a.
Standard refinancing costs include legal, valuation, or bank penalty fees. GICL waives all extra handling, legal, and valuation fees with a 100% zero hidden cost guarantee.
Interest Rate Level
Income Proof
Stress Test
Property & Age Restrictions
Processing & Payout Time
Suitable For
Relatively low (mainly adopting market H-rate / P-rate plans)
Must provide (required to prepare tax demand notes, salary payslips, and MPF records)
Must pass (restricted by the HKMA's rigid debt-servicing ratio)
More restrictions (LTV ratios for old buildings, tenements, or village houses are often reduced)
Relatively long (complicated approval procedures, generally requiring 4 to 8 weeks)
Property owners whose funding needs are not urgent and who can provide perfect income proof
Slightly higher (but renowned for express approval, zero handling fees, and high flexibility)
Fully waived (self-employed or those without regular income proof can also apply)
Completely unnecessary (adopting pragmatic approval standards, no stress test threshold)
No restrictions (private housing, tenements, village houses, and even commercial/industrial properties are welcome)
Ultra-fast (preliminary approval in as fast as 15 minutes, payout within 24 hours)
Property owners in urgent need of large-sum cash turnover, lacking regular payslips, or holding old buildings
Real stories from our satisfied clients. Discover how GICL's flexible plans and rapid approval help entrepreneurs overcome challenges and seize opportunities.
"Banks are too slow and rigid. Thanks to GICL, I got my expansion funds in just a few days!"
I needed to secure the shop next door for expansion, but the landlord gave me only two weeks to pay the deposit. Traditional banks asked for years of audited tax reports and income proofs, telling me approval would take a month—which was way too late.
A friend recommended GICL. Their team was incredibly professional; they arranged my property valuation on day one. I was amazed by how flexible and welcoming they are toward self-employed business owners
It took just 5 working days from application to cash in hand! I secured the lease, and renovations are already underway. If your business needs urgent, large-scale capital, GICL is the ultimate lifesaver.
It depends on your property’s latest market value and current loan balance. GICL offers cash-out top-ups up to 80% LTV.
Yes. Since your loan amount, monthly payments, and terms will change, you must sign a new mortgage deed and complete standard legal procedures, whether with your current lender or a new institution.
Yes. As long as your property has appreciated or you have paid off part of your principal, you have usable "Equity." You can apply anytime without waiting to clear the entire mortgage.
No. In Hong Kong, stamp duty only applies when property ownership changes (e.g., buying, selling, transferring titles, or adding a co-owner).
If you choose GICL's "Refinance + Top-up" solution, we will pay off your existing bank balance completely, so no bank consent is needed. However, taking a standalone 2nd mortgage while keeping your 1st bank loan might be restricted by your bank's terms.
Traditional banks take 4 to 8 weeks due to rigid guidelines. GICL uses flexible criteria, delivering a preliminary result in 15 minutes and cash payout within 24 hours once finalized.
GICL provides the most flexible mortgage solutions. Whether it's a first or second mortgage, refinancing,
No Income Proof Required, No Stress Test Required, secure cash within 24 hours to resolve urgent financial needs.
We offer a free preliminary property valuation service. Please fill out the form below and we will get back to you as soon as possible.
