Mortgage Loan
From Dreams To
Doorsteps
Unlock the Door to Your Dream Home with Ease
A mortgage loan is a type of loan used to purchase real estate. In a mortgage loan, the borrower receives funds from a Financial Institution to buy a home or property. The loan is secured by the property itself, meaning if the borrower fails to repay the loan as agreed, the lender has the right to take possession of the property through a process called foreclosure.
Loan Details
- 5 times member deposits.
- Interest 14% Per annum or 1.17% per month
- Maximum repayment 10 yrs.
- Maximum Loan 15M.
- Member can refinance after 12 months of mortgage loan repayment.
- Loan processing fee 1.5% of loan approved
- Collateral is property financed and any additional collateral that is sufficient to cover the loan is allowed.
Build Your
Financial Future
Key Benefits
Low interest rates of upto 1% on loans reducing balance
Great interest rates on your savings of upto 7% p.a.
Borrow upto 4x your savings amount
Extended repayment periods of upto 84 months