{"id":1,"date":"2026-02-10T15:49:45","date_gmt":"2026-02-10T15:49:45","guid":{"rendered":"https:\/\/gicl.com.hk\/?p=1"},"modified":"2026-06-23T18:06:05","modified_gmt":"2026-06-23T10:06:05","slug":"2026-mortgage-application-guideline","status":"publish","type":"post","link":"https:\/\/gicl.com.hk\/en\/2026-mortgage-application-guideline\/","title":{"rendered":"Mortgage Application Process 2026 | Required Documents, Steps and Approval Essentials"},"content":{"rendered":"

Mortgage Application Process 2026<\/h1>\n\n\n\n
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For first-time buyers, applying for a mortgage may feel complicated and confusing. You may not know where to begin, what documents are required at each stage, or the purpose behind each step. GICL breaks down the entire mortgage application<\/strong> process for you, helping you embark on your property mortgage and car park mortgage investment journey with ease.<\/p>\n\n\n\n

Already have the basic knowledge? Learn more about property mortgage information ><\/a><\/p>\n\n\n\n

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Understand Your Financial Position and Mortgage Borrowing Capacity<\/h2>\n\n\n\n

The first step in applying for a mortgage is to clearly understand your financial position and repayment ability<\/strong>. You may use the mortgage calculator<\/a><\/strong> provided by banks or mortgage companies to estimate your loan amount and monthly repayment. The main factors assessed include your income, expenses, credit history, and the debt servicing ratio required by the government (usually not exceeding 50%)<\/strong>, all of which are key criteria in loan approval assessment. This step helps you set an appropriate budget range and avoid borrowing beyond your means.<\/p>\n\n\n\n

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Key Factors When Comparing Bank and Mortgage Company Plans<\/h2>\n\n\n\n

Different banks and mortgage companies offer different property mortgage and car park mortgage plans. When comparing options, you should focus on the following key areas:<\/p>\n\n\n\n