Description / Purpose

Designed to enable applicant(s) who own homes or may have already invested in residential properties to release the equity in those properties for other property related transactions, improve their liquidity position or other investment purposes. There must be clear and undisputed title to the land

Target Group

  • Existing homeowners and businesses with properties
  • Resident and Non-Resident Ghanaians

Max Loan

80% of Forced Sale Value

Equity / Down payment

None Required

Max Term

USD = 15 years, GHS = 15 years

DSR

USD = 40% , GHS = 50%

Joint Application

Allowed with Siblings, Spouse, Parent or Children

Security / Collateral

  • Mortgage over residential property
  • Mortgage Life and Hazard insurance

Benefits

  • Opportunity to release equity (cash flows) for other Investments or business capital injection.
  • Flexible repayment options
  • Competitive Interest Rates
  • Credit card bundle