Get tailored financing that fits complex needs when you plan a home purchase or investment. With HSBC Private Banking’s Elite program, you can pursue up to $5 million in mortgage financing for primary residences, second homes, or investment properties.
You choose a fixed rate mortgage for steady payments over the full term or an adjustable option for a lower initial interest rate. Eligible borrowers with significant combined deposit and investment balances may access special rate discounts and program benefits.
Practical perks include up to $1,500 in closing cost credit, the ability to use RSUs as qualifying income, and Family Assisted Financing to help relatives. Title vesting for U.S. corporations and LLCs is possible where appropriate.
Key Takeaways
- Access up to $5 million in financing for 1–4 unit properties through HSBC Bank USA.
- Choose between fixed or adjustable rates to match your cost and cash-flow goals.
- Qualify with combined deposit and investment balances; program terms affect rate and loan size.
- Benefit from closing cost credit and RSU income consideration to strengthen your loan profile.
- Family Assisted Financing and corporate title options offer flexible ownership solutions.
- Financing availability and interest depend on state rules, reserves, and account setup.
Why choose HSBC Private Banking for your high-value home purchase
HSBC Private Banking pairs specialist advice with process clarity so you can move from planning to closing with confidence.
Personalized service for complex financing needs
You get a dedicated team that understands complex income, equity compensation, and global holdings. That expertise helps shape a mortgage or loan structure that aligns with your broader wealth plan.
Your Relationship Manager reviews rates, term options, and payment scenarios so you can compare interest outcomes across years. Products offered U.S. are supported by U.S.-based servicing and documentation guidance for international clients.
End-to-end support from application to closing
- Coordinated process: pre-qualification through closing to keep timelines and payments on track.
- Transparent information on fees, interest and rate options before you commit.
- Custom payment scheduling to match bonuses, vesting, or irregular cash flow.
Note: 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. Programs and discounts may change and geographic restrictions can apply.
high-value-mortgage-hsbc: programs designed for large loan amounts
For buyers targeting high-end properties, jumbo loans offer financing beyond the Federal Housing Finance Agency thresholds. These mortgages let you finance premium properties that exceed conventional caps.
Jumbo loans exceeding Federal Housing Finance Agency limits
Jumbo loans are underwritten with closer scrutiny of income, assets, and property type. Expect a detailed review to set an appropriate interest rate and loan term.
Program tiers: Preferred, Deluxe, Elite, and Summit
You choose a tier based on your deposit and investment relationship. Preferred starts at $25,000 in combined personal deposit and investment balances. Deluxe requires $75,000 for loans up to $3,000,000, or $200,000 for loans up to $5,000,000. Elite begins at $1,000,000 and can finance up to $5 million.
Loan amounts and down payment expectations for discerning buyers
Plan for about a 20% down payment on loans up to $5 million. You can select a fixed rate or an adjustable rate mortgage to balance payment stability and potential interest savings over the years.
- Match your balances to the right tier before applying.
- Coordinate with your Relationship Manager to confirm eligibility and timing of deposit investment balances.
- Align payment expectations to whether the property is a primary residence, second home, or investment property.
Eligibility and relationship requirements
First, verify that your combined personal deposit and investment balances align with the program tier you intend to request. This step helps you pick the right mortgage product and avoid surprises during underwriting.
Combined personal deposit and investment balances
Preferred starts at $25,000 in combined balances. Deluxe requires $75,000 for loans up to $3,000,000 or $200,000 for loans above $3,000,000 up to $5,000,000.
Elite requires at least $1,000,000 in deposit investment balances to qualify for larger loan sizes and competitive rates.
Private Banking and invitation considerations for Summit
To pursue the Summit tier, you must open or already have an account with HSBC Private Banking. Invitation and individualized review determine Summit eligibility beyond simple balance totals.
- Align your combined balances with the tier before closing to secure your loan and target interest outcomes.
- Keep accounts organized across the HSBC Group so balances count toward qualification in the U.S. or your home country.
- Document fund sourcing and seasoning, and coordinate portfolio moves with your banker to protect your rate and payment plans.
Elite vs. Deluxe vs. Preferred: find your best fit
The right program tier matches your current balance profile with your desired loan size and rate expectations.
Elite
Elite: $1,000,000+ in combined balances with up to $5 million financing
If you maintain a combined personal deposit and investment total of $1,000,000 or more, Elite offers up to $5,000,000 in financing for 1–4 unit properties.
This tier supports jumbo mortgage options and features that may accept RSU income and special title arrangements.
Deluxe: $75,000–$200,000 balance thresholds by loan size
Deluxe requires $75,000 in deposit investment balances for loans up to $3,000,000, or $200,000 for loans above $3,000,000 up to $5,000,000.
Choose Deluxe when you want flexibility between competitive rates and mid‑to‑large loan sizes.
Preferred
Preferred: from $25,000 in balances for qualifying borrowers
Preferred starts at $25,000 in personal deposit investment. It gives streamlined access to jumbo‑capable mortgage products while preserving liquidity.
- Ensure minimum deposit investment balances are fully funded before closing to lock your rate and avoid delays.
- Compare rate structures and closing incentives to optimize your payment plan over the chosen years.
- Confirm the property type—primary residence, second home, or investment property—matches the loan purpose.
Fixed rate mortgage and adjustable rate mortgage (ARM) options
Choosing the right rate structure shapes your long-term cost and monthly budget. You can opt for stability or for an initial rate that may be lower for a set time.
Fixed rate: rate and payments that stay the same for the full term
A fixed rate locks your interest rate and payment for the full term, often 30 years. This option makes budgeting simple because your interest and principal schedule do not change.
Adjustable rate mortgages: 10/6, 7/6, and 5/6 structures
Adjustable rate mortgage options offer a lower initial interest rate for a defined period. Common structures include 10/6, 7/6, and 5/6 — where the first number is the fixed years and the second shows adjustment frequency in months.
Understanding the initial fixed rate period and lifetime caps
After the initial period, the rate resets based on an index plus a margin and then adjusts at the stated rate period. Periodic and lifetime caps limit how much your interest and payment can increase.
- Compare total interest and your expected holding years to choose between a fixed rate mortgage and an ARM.
- Note state rules: adjustable rate mortgages are not available in Rhode Island.
- Discuss caps, index, and margin with your banker to understand maximum future rate and payment changes.
Current mortgage rates, APR assumptions, and payments
Compare sample rate scenarios to see how different terms change your monthly obligation.
Elite sample scenarios
Elite: 30-year fixed and initial ARM examples
30-year fixed rate: 6.088% interest rate with a $6,052.20 monthly principal and interest payment on a $1,000,000 loan (35% down). Closing costs are $2,486.75 with 0.00 points.
ARMs (initial period payments): 10/6 at 5.760% ($5,842.08), 7/6 at 5.660% ($5,778.68), 5/6 at 5.393% ($5,610.94). After the initial years, payments adjust based on index plus margin and caps.
Deluxe: 30-year fixed and initial ARM examples
30-year fixed rate: 6.538% interest rate with a $6,345.69 monthly principal and interest payment. Closing costs are $2,223.75 and 0.00 points.
Deluxe ARMs: 10/6 at 6.210% ($6,131.18), 7/6 at 6.110% ($6,066.41), 5/6 at 5.843% ($5,894.94). ARM payments are fixed only during the initial years listed above.
Assumptions, availability, and market movement
All examples use a $1,000,000 loan, 35% down, and assume 0 points. Rates, discounts and loan amounts depend on program qualification, reserves, equity and automatic payment from an HSBC U.S. checking account.
Note: ARMs are not available in Rhode Island. Rates shown are averages and subject to change at any time. Contact your banker to view mortgage rates and consider locking to protect your rate.
- Loan amounts depend on specific tier rules and federal housing finance guidance.
- APR, points and closing cost assumptions are disclosed to help you compare total cost.
- Products offered U.S. through HSBC Bank USA are subject to credit and property approval.
Property types, geography, and title options
Property use and location play a major role in underwriting, so confirm details early in the process.
Primary residences, second homes, and investment properties
You can finance 1–4 unit residential properties, both attached and detached. Choose a loan that fits whether the home is your primary residence, a second home, or an investment property.
Occupancy affects interest expectations and payment reserves. Investment properties often carry higher rate assumptions than primary homes.
Financing availability across the U.S. and ARM exceptions
Financing is available throughout the United States with limited exceptions. Alaska and West Virginia are not eligible for these products offered U.S.
Adjustable rate mortgages are not available in Rhode Island. Verify state rules early to set expectations for rates and timing.
Title vesting for U.S. corporations and LLCs
You may vest title in a U.S. corporation or a U.S. limited liability company when appropriate. This option requires coordination with legal counsel and the bank to meet closing requirements.
Confirm title vesting up front so escrow, payment routing, and insurance match the entity and avoid delays at closing.
- Finance 1–4 unit properties aligned to your occupancy goals.
- Check state eligibility and ARM rules before locking a rate.
- Coordinate title vesting for corporations or LLCs to streamline closing and payment setup.
Exclusive advantages to optimize cost and flexibility
HSBC offers several tactical benefits that help you control cost and maintain flexibility as you move from offer to closing.
Extended rate lock and one-time float-down
Lock your interest rate for up to 360 days to protect against market swings during construction or a complex closing.
If rates fall before you close, you may use a one-time float-down to capture a lower interest rate and reduce future payment.
$1,500 closing cost credit
Reduce your upfront cost with a potential $1,500 closing cost credit on eligible purchases. To qualify, the property must be your principal residence in the U.S., and you must be a U.S. citizen or permanent resident.
Use Restricted Stock Units (RSUs) as qualifying income
RSUs can strengthen your loan profile. When documented properly, Restricted Stock Units may count as qualifying income to support approval and improve your interest outcome.
Family Assisted Financing and cash-out for all-cash purchases
Leverage Family Assisted Financing to support a relative’s purchase while keeping ownership and payment roles clear.
For all-cash buys, HSBC’s cash-out option lets you convert equity to a mortgage after closing and restore liquidity.
“Rates, discounts and loan amounts depend on program specifics and may require certain personal deposit investment balances, reserves, and automatic payment from an HSBC U.S. checking account.”
- Compare fixed rate stability versus ARM savings to match your timeline and payment goals.
- Track eligibility tied to your account and balances so you access available discounts and loan amounts.
- Coordinate with your banker to view mortgage rates and decide the best time to lock; interest rates are subject change time without notice.
How to get started and what you may need
Begin with a planning call to outline documentation, timing, and the loan structure that fits your goals. Your Relationship Manager will explain how term, rate, and payment choices influence monthly cost and overall interest.
Set up automatic payment from an HSBC U.S. checking account to access potential discounts and help ensure on-time payments. Enrolling an HSBC U.S. checking account for automatic payment may factor into program pricing and reserve requirements.
International credit and early documentation
If you have under two years of U.S. residency or employment, an International Credit Report may be required. Gather income, asset, and liability information early so underwriting can proceed without delay.
Property checks, appraisal, title, and final approval
Confirm the U.S. property location is eligible and coordinate appraisal and title work promptly. Final approval requires a satisfactory appraisal, title report, and completion of all conditions in the commitment letter before the commitment expiration.
- Discuss goals with your Relationship Manager to align loan and mortgage options to your plan.
- Align balances, reserves, and equity to meet program rules for the desired loan amount and rate.
- Plan closing funds, insurance confirmations, and entity vesting or condo reviews early to avoid delays.
Keep your banker informed of any changes in income, assets, or timelines so underwriting stays on track. When you finish these steps, you can navigate back top to review program details and next steps.
Conclusion
Finish your review by aligning program tier, documentation, and timing for a smooth close.
Compare fixed rate stability with adjustable options so your mortgage and loan match how long you plan to hold the property and your cash flow in coming years.
Watch interest and rate movement closely — rates are subject change time. Check in to view mortgage rates and discuss when to lock to protect your payment and cost outcomes.
HSBC Bank USA offers the programs described, offered U.S. and subject to credit and property approval. If you have an existing mortgage or military benefits, consult your advisor before you refinance.
Work with your Relationship Manager to finalize conditions, schedule closing, and return back top when you’re ready to take the next step.
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
How do you qualify for the Elite or Summit tiers?
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around $1,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a $1,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around $1,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a $1,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around $1,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a $1,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around $1,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a $1,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
What loan types and terms are available?
How does the initial fixed rate period work on ARMs?
Are mortgage rates and APRs guaranteed?
What property types can you finance?
Can corporations or LLCs hold title for financed properties?
What down payment and loan amounts should you expect?
Are there rate-lock or float-down options?
What closing cost credits or incentives exist?
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around $1,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a $1,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around $1,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a $1,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around $1,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a $1,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a
FAQ
What programs does HSBC Private Banking offer for large mortgage amounts?
HSBC offers tiered programs designed for larger loans, including Preferred, Deluxe, Elite, and Summit. These tiers set eligibility and benefits based on your combined personal deposit and investment balances. Loan sizes, down payment expectations, and pricing vary by tier.
How do you qualify for the Elite or Summit tiers?
To qualify for Elite you typically need combined balances around $1,000,000 or more, which can enable financing up to several million dollars. Summit access is invitation-based and often requires higher asset or relationship thresholds with HSBC Private Banking.
What loan types and terms are available?
You can choose fixed-rate mortgages or adjustable-rate mortgages (ARMs). Fixed-rate loans keep the same interest and payments for the full term. ARMs are offered in structures such as 10/6, 7/6, and 5/6, which specify an initial fixed period followed by periodic adjustments.
How does the initial fixed rate period work on ARMs?
The initial fixed period (for example, 10 years on a 10/6 ARM) locks your rate for that time. Afterward, the rate can adjust at set intervals—every six months in 10/6, 7/6, and 5/6 ARMs—subject to lifetime and periodic caps that limit how much the rate may change.
Are mortgage rates and APRs guaranteed?
No. Posted mortgage rates and APR assumptions reflect market conditions at a point in time and are subject to change at any time. Your final rate, APR, points, and closing costs will depend on loan size, program tier, credit profile, property type, and market movement.
What property types can you finance?
HSBC generally finances primary residences, second homes, and 1–4 unit investment properties. Availability can vary by state, and certain ARM or program features may not apply in all jurisdictions.
Can corporations or LLCs hold title for financed properties?
Title vesting for U.S. corporations and LLCs is possible but subject to underwriting rules and additional documentation. Speak with a banker to confirm specific requirements and any limits by program or state.
What down payment and loan amounts should you expect?
Down payment expectations depend on the program tier and loan size. Jumbo loans that exceed Federal Housing Finance Agency limits typically require larger down payments than conforming loans. Your relationship tier (Preferred, Deluxe, Elite, Summit) affects available loan amounts and pricing.
Are there rate-lock or float-down options?
Yes. Some programs offer extended rate locks—potentially up to 360 days—and may include a one-time float-down option if rates fall before closing. Terms and fees apply, so confirm details with your loan officer.
What closing cost credits or incentives exist?
Certain programs may provide closing cost credits, such as a $1,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
,500 credit for qualifying loans. Eligibility depends on program, loan amount, and borrower relationship with HSBC.
Can you use RSUs or other nontraditional income to qualify?
HSBC may accept Restricted Stock Units (RSUs) and similar compensation as qualifying income with proper documentation. You’ll need to provide statements and tax or employer records to support income calculations.
Is Family Assisted Financing or cash-out available?
Family Assisted Financing and cash-out options can be available, including scenarios where family funds help with down payments. Program rules and loan-to-value limits apply, so review specifics with your lender.
What documentation do you need to start an application?
Typical documents include proof of identity, income verification (W-2s, tax returns, pay stubs, RSU documentation), bank and investment statements for combined balances, and details on the property. Nonresident or limited U.S. residency may require an International Credit Report.
Are automatic payments and account relationships required?
Automatic payment from an HSBC U.S. checking account can be required or may provide pricing discounts. Maintaining qualifying deposit and investment balances helps you reach Preferred, Deluxe, or Elite tiers and can reduce costs.
How do geographic restrictions affect financing?
HSBC provides financing across much of the U.S., but availability varies by state. Some ARM products or special program features may be restricted in certain states due to local regulations.
How soon can you lock a rate and what affects the timeline to close?
You can typically lock a rate once your application reaches a certain underwriting stage. Closing timelines depend on appraisal, title work, property location, documentation completeness, and market demand. Extended rate locks exist to protect against long closings.
