No limitation on Aged Property No limitation on the age nor the types of properties Accept Property Loan transfer for cash out even your property is taken a mortgage loan with other financial institutions Higher loan amount Simple application procedure and speedy approval Flexible repayment terms (with fixed instalment or revolving payment options) Legal fee for processing the mortgage is to be paid by UAF No early repayment penalty No handling fee Free Online Valuation Service

Case 1:

Mr Li is working in a fashion-trading firm as Manager, with monthly income of HK$60,000. He had personal loan debts of HK$700,000 in different banks and finance institutions. He had to pay extremely high interest rate even repaid regularly every month. So, he would like to apply mortgage loan to get cash-out for all personal loan debts and property investment. However, applications were rejected by several banks due to aged property.

Luckily, he learnt from his friend that UAF Property Loan has no limitation on the types of properties for loan application and interest rate was less than personal loan. He then tried to apply the property loan of UAF. His loan application was handled immediately and was approved within a week. The approval loan amount was higher than his property value, all personal loan debts were settled and he has enough money to buy a car parking space for investment as well.

“My applications have been rejected by many banks, thus, I tried to apply the property loan in UAF, which my application was handled immediately. I couldn’t believe that my aged property could borrow HK$1,150,000 of aged 37, and I get an "e-Cash Revolving Loan" of HK$200,000 for any unexpected use, no interest will be charged for unused credit as well. The repayment is nearly the same as before but I could have a parking space now.” Mr Li recalls and says so.

Case 2:

Mr Lam runs a newspaper stand. He has bought an aged property in Kennedy Town for his own use. However, the first mortgage loan application was rejected by bank due to the age of the property. He then applied loan in “K” finance company and has approved HK$500,000 for the first mortgage loan with 30% per annum. He can do nothing but accepted the offer. The approved loan amount is not enough for the deposit and the interest rate is very high. Later, he heard about the UAF Property Loan through advertisement - there is no limitation on the types of properties and provides tailor-made interest rate for the customers. He would like to apply a second mortgage loan to further improve his cash flow. He was impressed that a first mortgage loan was approved for HK$750,000 with only 13.5% per annum.

“I don’t have to pay high interest rate and I get enough cash flow for my business planning,” said Mr Lam.