Home Equity Loan
The equity in your home can help you achieve your dreams. Flexible terms and affordable interest rates are available for any legitimate purpose EXCEPT for Home Acquisition, Home Construction and Debt Consolidation using the equity in your home.
Features
- No Ordinary Shares Requirement
- Loan amount based on affordability
- Maximum term is 180 months (15 years)
- Permanent Share - 20,000.00
- Compulsory Share saving of 5% of monthly payment for loan below $3,000,000 & 10% for loan above $3,000,000
- Membership tenure: Immediate
- Employement tenure: permanently employed or at least 6 months or 1 year renewable contract/Self Employed with registered business and audited financials
- Maximum Term 300 Months/Up to Retirement to repay
- Affordability driven by DSR