Mortgage Loans

 

Mortgage Loan Checklist:

 

• Picture I.D. (2 forms for first time customers)
• Down payment/equity - amount varies generally between 10 - 30%
• Letter from Employer stating length of service
• Salary Slip (latest)
• Copy of vendors Deed of Sale
• Copy of land Register (recent)
• Copy of Survey Plan
• Sale Agreement
• Approved plan from DCA
• Contractors estimated cost of construction
• Valuation from certified valuator/Quantity Surveyor (of property &/or estimates)
• Provide written certification from the following entities proving compliance with their requirements:
  • Inland Revenue Department
  • Property Tax Department
  • National Insurance Corporation

Letters from the departments/institution should state in detail the amounts outstanding & what arrangements have been made to settle.

• Life Insurance (ask about our in-house term life insurance)
• Funds for legal fees, other costs and bank charges
• Insurance quotation
• Power of attorney, if necessary