How can we help you ?
How do I know if your company has a money lender license?
GREAT WEALTH FINANCE LIMITED is licensed as a money lender and complies with the registration requirements of the Money Lenders Ordinance, Chapter 163 of the Laws of Hong Kong. Our registration number can be found on our company’s website.
Do I have to pay a fee to apply for a private loan?
The company will not charge any fees.
What factors does GREAT WEALTH FINANCE LIMITED use to assess the maximum loan amount of a property?
We have a comprehensive property valuation system, which assesses the maximum loan amount based on factors such as the location of the property, age of the building, and valuation of the transaction price, assessment of the lender’s income, and ability to repay.
What is net interest? What is continuous interest? What is the difference between the two repayment methods?
Net interest: Only interest is provided for each month, and the full principal needs to be repaid after the contract expires.
Continuous interest and principal: As with bank mortgages, each contribution includes principal and interest.
Will loan applications be disclosed?
Absolutely not. According to the Personal Data (Privacy) Regulations, the applicant’s information is absolutely confidential.
Is the loan procedure handled by a lawyer?
In order to ensure that customers get high-quality and reliable property loan services, we will entrust a large-scale law firm located in Central to handle loan procedures.
How to calculate the interest if the payment is overdue?
Overdue contributions are calculated according to the established overdue interest, and the daily interest at the time of overdue is calculated based on the overdue balance. The interest rate will not be increased due to overdue.