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Description / Purpose |
A customized mortgage financing solution designed to address the needs of HNIs, Chief Executive Officers, General & Senior Managers and other key decision makers in the Corporate, Institutional and Government sectors. |
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Target Group |
HNIs, Board Members, Chief Executive Officers, General & Senior Managers |
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Max Loan |
•HPM up to 80% of the purchase price of the property •HEM maximum Loan 80% of forced sale value of the property •HCM 70% of total cost of construction •HIM 50% of the value of the property |
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Max Term |
GHS = 20 years, USD = 15 years |
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DSR |
USD = 40% , GHS = 50% |
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Joint Application |
Allowed with Siblings, Spouse, Parent or Children |
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Security / Collateral |
•Mortgage over residential property •Mortgage Life and Hazard insurance |
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Benefits |
•Opportunity to own a home in a prime location •Investment option •Property value appreciation •Flexible repayment options •Competitive Interest rates •Tax Incentive Savings option |