Employer Assisted Mortgage Financing

The product is designed to assist customers to as access loans for any legal use against mortgageable security.

The product has the following features:

• Customers can borrow up to 50% of the value of their paid up property
• The product assists customers towards meeting their varying plans from home improvements; new projects, Capital for SMEs
• Property to have security and in urban center
• 60% interest rate
• 1% valuation fees, 1.5% mortgage establishment fees
• Product tenor varies with age to retirement (65 years) with a cap of 3 years
• Clients to open a Homesave account with the Society