Do you have a House Lot and need assistance to build your home? We have the following options:

Residential Mortgage Loans

Residential Mortgages

Competitive interest rates computed on a reducing balance

A minimum of 10%

To a maximum of twenty (20) years. Conditions apply.

  1. A mortgage over the property (house and /or land) being financed by the bank
  2. Assignment of adequate fire insurance coverage
  3. Assignment of the borrower(s) life insurance
  1. Valid National Identification Card or Passport
  2. Recent utility bill (6 months) or post marked letter
  3. Employment letter stating current position, date of employment and salary and other cash benefits
  4. TIN Certificate
  5. If self employed, statement of income or expenses or affidavit of income.
  6. Copy of transport/title/lease document or letter of
    intent/agreement of sale & purchase if property is being purchased
  7. Copies of receipts for leases, rates and taxes etc.
  8. Certificate of Valuation for property or projected valuation
  9. Estimate of construction or renovation cost.
  10. An approved Building plan from the relevant statutory body
  11. Receipts for materials/items purchased (for construction commenced)
  12. Statement from other financial institutions, including Hire Purchase Agreements (if applicable) of loan accounts showing balances and monthly installments payable. Satisfactory credit report.

Mortgages Stamp Citizens Bank

Low Income Mortgages

Special conditions apply for amounts up to $8,000,000.00

A minimum of 10%

To a maximum of twenty (20) years. Conditions apply.

  1. A mortgage over the property (house and /or land) being financed by the bank
  2. Assignment of adequate fire insurance coverage
  3. Assignment of the borrower(s) life insurance
  1. Valid National Identification Card or Passport
  2. Proof of address – Recent utility bill (6 months) or post marked letter
  3. Employment letter stating current position, date of employment and salary and other cash benefits
  4. If self employed, statement of income or expenses or affidavit of income.
  5. Letter of Assurance from Central Housing and Planning Authority, copy of transport/title or letter of Intent/Agreement of Sale & Purchase if property is being purchased
  6. Certificate of Valuation for property being purchased (from approved valuators) along with two recent photographs.
  7. Estimate of construction cost.
  8. An approved Building plan from the relevant statutory body
  9. Receipts for materials/items purchased (for construction commenced)
  10. Statement from other financial institutions, including Hire Purchase Agreements (if applicable) of loan accounts showing balances and monthly installments payable. Satisfactory credit report.