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    Outright Purchase Mortgage

    Loans & Mortgages > Outright Purchase Mortgage

    This mortgage facility enables our customer to
    buy a completed house.

    What you get?

  • Long tenor up to 20 years
  • Flexible repayment plans to suit customer’s cash flow.
  • Competitive interest rate
  • Property location in any part of the country
  • Equity contribution 20% for salary earners and 30% for self-employed and corporate entities
  • Requiremets

  • Equity contribution 20% for salary earners and 30% for self-employed and corporate entities
  • Mortgage Endowment Savings compulsory savings of 25% of repayment amount in an
    endowment account throughout the tenor of facility.
  • Minimum of 3 months repayment amount to be deposited in an interest-bearing account.

  • Not for you? Check other products

    FAQs

    We understand how possible it can be to forget when repayment. We have officers and an automation system that would remind you about repayment times.
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    We understand how possible it can be to forget when repayment. We have officers and an automation system that would remind you about repayment times.
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