The Mortgage Loan System is capable to provide end-to-end operations of mortgage loan processing, including application, approval, loan drawdown and administration, repayment and loan restructuring, asset sale, and annual maintenance.

Highlights

Functions of MLS include but not limited to:

• Provide various repayment plan which include:

• Fixed Tenor (定期)
• Fixed Instalment (定額)
• Interest Only Plan (淨息)
• Fixed Interest Rate (定息)

• Supports multiple rate bases, including different prime rates for different investors
• Calculate late interest based on simple interest or daily compound interest, and caters grace period.
• Support both pass-through and pool mode for asset sale. Each investor asset pool has its own net required yield
• Support co-finance loans with splitting of loan records
• Printing of annual interest payment summary for tax return
• Monitor of:

• black-listed customers
• solicitors
• delinquency
• fire insurance policy expiration
• collateral
• Security Control, Password Policy and Audit logging satisfy HKMA requirements