[Stevinm]

Dear All,

I appreciate your help. I am seriously thinking of buying a flat in Hong Kong because it has become a need to do so. As I am aiming at getting a CHEAP flat, the 30% downpayment is ready.

My main question is weather I will be able to apply a mortgage loan from banks in Hong Kong under the following conditions:

1) I live in the US but I am also a H.K. permanent I.D. cardholder.
2) I have good income and credit rating in the US but NO INCOME in HK.
3) My cash equailvalent assets in the bank is more than the total value of the flat. (As I said, it is a CHEAP flat.)

Will item 3) helps my application for a mortagage loan in HK even though I have NO INCOME in Hong Kong? Will I be able to apply for a loan?

Thank you very much for your time and help!

Best regards,
Stevinm