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安老按揭是政府特別為長者而設的貸款安排，在2011年推出。這一節《長者法網智多聲》，就為大家介紹這個計劃。
參加安老按揭的借款人，可以利用在香港的自住物業，作為抵押品，向參與銀行申請安老按揭貸款。借款人可以在固定年期內，每月拿到一筆錢，年期可以是10年、15年、20年、以至百年歸老。遇到特別情況，也可以拿一筆過貸款。借款人仍然是物業的業主，可以繼續住在那裡，直至百年歸老。
除非借款人永遠搬離那個物業，或有其他原因令安老按揭終止，否則借款人可以終身不用還錢。而借款人的繼承人，如果想贖回物業，可以在借款人百年歸老之後，選擇在一定期限之內，歸還按揭。
一般來說，年滿55歲、持有有效香港身份證、沒有破產、沒有涉及破產呈請或債務重組的人，都可以申請安老按揭。而用作抵押的物業，必須要由借款人以個人名義持有，或與另外最多兩人聯名持有，而借款人是在物業內居住。物業的樓齡不可以超過50年，沒有放租、並且沒有任何轉售限制。如果老友記的物業是未補地價的自置公屋或居屋，老友記必須年滿60歲或以上才可以申請安老按揭。
至於借款人每個月可以拿到多少錢，就視乎他打算參與計劃多少年、物業的樓齡和價值。
舉例說，如果物業價值300萬元，申請人60歲，打算做十年安老按揭的話，他每個月就可以拿到一萬一千多元。如果打算參與計劃直至百年歸老的話，每個月就會拿到六千元。而兩個人一起參加計劃，就會以較年輕的借款人的歲數去計算。如果想知道更詳細一些，可以到香港按揭證券有限公司的網頁看看，長者社區法網文字版有提供超連結。
有興趣申請安老按揭的老友記，首先要聯絡參與銀行，由銀行向您解釋詳情，初步評估您是否符合申請資格。您之後要約見合資格的安老按揭輔導法律顧問，顧問會講解安老按揭的特點、主要法律權益和責任，以及獲得安老按揭貸款之後，有甚麼法律後果。完成安老按揭輔導的申請人，會獲頒發輔導證書。拿到證書之後，就可以到任何一間參與銀行，正式申請安老按揭。銀行批核了，借款人簽好所有按揭文件，就可以拿到安老按揭貸款。借款人在申請時，要支付利息、按揭保費和輔導費等費用。
香港按揭證券有限公司準備了一份「重要通知」，在申請安老按揭之前，記得要小心看清楚。這份通知可以在長者社區法網文字版下載。這一節就講到這裡。拜拜。
PrintPolicy Reverse Mortgage Programme
In addition to the Reverse Mortgage Programme, the HKMCI operates the Policy Reverse Mortgage Programme for people who are aged 55 or above to apply for policy reverse mortgage loans.
The borrower chooses to use his life insurance policy as collateral borrow from a lender. He will receive monthly payments over a fixed period or throughout his entire life (until the maturity of his life insurance policy). He may also apply for lump-sum payouts.
There is no limit on the number of policy reverse mortgage loans to be taken out by a borrower, but each loan can only have one life insurance policy as collateral.
The aggregate amount of death benefits of all the borrower’s life insurance policies assigned or to be assigned as collateral under the programme is capped at HK$15 million. For any application with the aggregate amount of death benefits exceeding such capped amount, such application will be considered on a case-by-case basis.
Typically, when the borrower passes away, the policy reverse mortgage loan becomes due and must be repaid. The lender will use the borrower’s life insurance policy to pay off the outstanding loan within a specific timeframe. The amount recoverable from the life insurance policy to be used for repayment of the policy reverse mortgage loan will be the death benefits of the life insurance policy. If the amount of the death benefits exceeds the outstanding loan amount, the surplus will be returned to the borrower (or his representative). However, if there is a shortfall, the HKMCI will cover it through an insurance arrangement with the lender.
Eligibility for Policy Reverse Mortgage Loan
The borrower must:
- be the holder of valid Hong Kong Identity Card;
- be aged 55 or above; and
- not be an undischarged bankrupt or otherwise subject to a bankruptcy petition or individual voluntary arrangement (except if the indebtedness under the relevant individual voluntary arrangement is to be repaid in full at closing by way of lump-sum payout.
In general, the life insurance policy must:
- be taken out by the borrower as both the policyholder and the insured;
- be issued by an authorized insurer in Hong Kong;
- be denominated in Hong Kong Dollars or United States Dollars;
- not be associated with any investment features;
- have the premium fully paid up; and
- be assignable and not contain any restriction on change of beneficiary.
Furthermore, the beneficiary under the borrower’s life insurance policy must be the borrower himself (or his estate).
Monthly Payout Amount
The monthly payout amount of the policy reverse mortgage loan is solely determined by the HKMCI on a case-by-case basis, with reference to a number of factors including age, gender, payment term and the death benefits of the life insurance policy at the time of loan application. The borrower can choose a fixed-rate mortgage plan or a floating-rate mortgage plan.
Click here for the Policy Reverse Mortgage Calculator designed by the HKMCI to estimate the amount of mortgage you can get.