Personal Global Header Hierarchy Menu Contact Us Locations Open An Account Select your language English Login Breadcrumb Personal Lending Home Mortgage Loans Apply for your mortgage online Easy, convenient and secure Apply online A A A Mortgage loans made for you Thinking of buying a new home or refinancing? We’ll work with you to find the best fixed or adjustable-rate mortgage option for your needs. Whether you're a first-time home buyer, want to upgrade your current home, or you’re ready to refinance your present mortgage, our experienced Mortgage Loan Originators (MLO) are here to help. Try our Mortgage Loan Calculator Find a Mortgage Loan Originator Cathay Bank offers a variety of fixed and adjustable-rate mortgage loans with competitive rates and options. We consider first-time buyers and nonresidents with or without traditional credit history. Our Mortgage Loan Originators are committed to helping you get through the loan process smoothly and choose a mortgage tailored to your needs. Compare each of our loan type’s features and benefits below. To get started, simply apply online at Cathay Home Lending, speak with a Mortgage Loan Originator, or visit your nearest Cathay Bank branch for more details. Mortgage Loans Comparison Mortgage types Home Mortgage Plus1,2 Nonresident Mortgage1 Conventional Fixed Period Adjustable Rate Mortgage (ARM) or Hybrid ARM1 Conventional Fixed Rate Mortgage1 Community Home Buyers Program1, 3 May be suitable for: Homeowners who intend to purchase or refinance their primary residence, second home or investment property and are looking for an alternate form of financing Foreign nationals interested in purchasing or refinancing an investment property in the U.S. Those who prefer a lower initial monthly payment Those purchasing or refinancing an investment property and do not intend to own it for a long time, generally less than 7 years Those who want to handle potential increases to the monthly payment after the fixed period ends Those who plan on owning a home for a long time, generally 7 years or more Those who prefer the security of payment stability First time home buyers Home buyers who have limited funds for a down payment Features & benefits Alternative income documentation2 Flexible qualification options available Competitive rates with fixed and adjustable rate plan options Fixed or adjustable payments Flexible qualification options available Competitive rates Generally lower initial rate and is fixed for a certain period, typically 3 or 5 years Competitive rates May provide flexibility if you expect future income rise Fixed and predictable payments for the life of the loan Competitive rates Protects homeowners from rising interest rates Lower down payment Flexibility to allow for higher debt servicing ratios Use non-traditional payment history, such as rent or utility receipts to demonstrate good credit Fixed and predictable payments for the life of the loan Competitive rates No lender fee4 Protects homeowners from rising interest rates Online application not available There are no prepayment penalties on the above mortgage plans. Restrictions and limitations may apply. If you select the “Alternative Income Documentation” Home Mortgage Plus Adjustable Rate Mortgage loan program, the interest rate on your loan will be higher than a Conventional Adjustable Rate Mortgage Loan, and the Loan to Value (LTV) requirement is stricter, for example: an LTV of 70% is required for a maximum loan amount up to $2,000,000. For comparison purposes, please ask us to provide the terms and payments for a Conventional Adjustable Rate Mortgage loan. Subject to area median income restrictions. Subject to full documentation, appraisal, credit and other necessary verifications. Lender fees include discount points, origination fee, appraisal fee, credit report fee, flood determination fee, tax service fee and escrow/closing fee. Related Products & Services Personal Savings Plan ahead for your financial future with a Personal Savings account. Discover Personal Savings Personal Credit Cards Choose a card with the right features, benefits and interest rates to help you earn rewards and build your credit. Explore Personal Credit Cards Related Content Which mortgage option is best for you Which mortgage program best suits your financial needs? Answer these questions about your circumstances, preferences, and qualifications to learn more. Keep reading How to secure a mortgage as non-resident Getting a home loan as a non-resident can be tricky. Here are six steps to help overcome the challenges of getting home loans as a non-resident. Keep reading First Time Homebuyers Questions to ask a mortgage lender when buying a home. Keep reading Have a question? Our experienced Mortgage Loan Originators are happy to assist you with all your Mortgage and Equity needs. 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