Mortgage Loan
We have enetered into a Pari Passu Arrangement with National Housing Trust (NHT) to make it easier for you!
Terms
- First time homeowners
- 10% of loan required as ‘free’ shares
- 10% share saving upon repayment
- Up to 40 yrs to repay, depending on age
- Up to 30 years to repay if loan is for building on own land
- Salary Deduction only (no over-counter payments)
*Conditions Apply
General Documents Needed
- Valid ID
- Current valuation of property
- Finalized sale agreement
- Eligibility letter from NHT or other lending institution
- Representation Letter from Attorney assisting with proposed purchase
- Status of Water Rate/Bill for property
NB: Disbursement will be done in three stages with an inspection after each stage.
Self Employed
- Certificate of registration for business – business must be registered for a minimum of one year with financial statements to reflect the last three years of operation.
- Bank printout of salary account for the last year
- Employment and Income Verification Letter from Accountant verifying monthly salary.
Not sure if you qualify for a mortgage loan?
View the Checklists Below
To purchase land and/ or property
To build on land or to improve existing dwelling
Mortgage loans using equity in property