Have you found your dream house?
Let us help you to make that purchase a reality with Loan for Home
Mortgages
-
- Competitive interest rates
- Maximum financing 90% of the selling price or market value whichever is less
- Maximum loan – $25M
- Maximum tenure – 25 years or to age 65 whichever is less
Mortgage Loan
Value of Property | Equity Financed | Loan Amount | Duration | Monthly Payment |
$3,000,000.00 | 90% | $2,700,000.00 | 480 months | $16,759.04 |
$5,000,000.00 | 90% | $4,500,000.00 | 480 months | $27,931.73 |
$10,000,000.00 | 90% | $9,000,000.00 | 480 months | $55,863.46 |
$15,000,000.00 | 90% | $13,500,000.00 | 480 months | $83,795.18 |
$20,000,000.00 | 90% | $18,000,000.00 | 480 months | $111,726.91 |
*Conditions apply
HOME MORTGAGE REQUIREMENTS*
Ready to get started? Here is what you will need….
- Salaried applicants: Job letter and last two months pay slips.
- Print out of savings/current account transactions for at least 12 months.
- Self-employed: Financial statements prepared by a Certified Chartered Accountant & stamped.
- Tax Registration (TRN) Card and Valid ID (Driver’s Licence, Passport, Voter’s ID, COK ID)
- Passport size photograph.
- Recent utility or any other bill in member’s name with current address (Proof of Address).
- Signed Sales Agreement.
- Current Valuation (done in the last year) by one of our Approved Valuators
*Conditions apply
Members will be notified of the additional documents required.
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- Caribbean Loss Adjustors;
- Management Security Consultants;
- Automobile Valuators & Consultants;
- Auto Assessors Ltd.,
- Advance Insurance Adjusters,
- Orion Loss Adjusters,
- MVA Motors Consultants Ltd.