Exclusive 4.75% per annum rate for high-value loans between $40M - $60M.
The Essentials Checklist:
- Identification card/Passport along with (1) passport size photo
- New Drivers Licence and/or TIN Certificate
- Proof of address (utility bill, rental receipt, etc.)
- Employment confirmation letter and 2 recent consecutive months’ pay slips
- Proof of income if self-employed (Business Registration, Recent Financial
- Statements for the past two years and cash flow projection for the next 12 months)
- Statement of outstanding loans/Hire Purchase (if applicable)
- Marriage Certificate (If applicable)
- Copy of Transport/Title/Lease Document or Letter of Intent/Agreement of Sale and Purchase if the property is being purchased
- Certificate of Valuation for the property being purchased from a Government Valuation Officer (Officers are located at the Government Valuation Office, Camp Street, G/Town)
- Copy of recent Rates and Taxes/Lease rental receipt and Water Rates receipt
- Estimates of construction cost accompanied by an approved plan
- 5-10% contribution (land purchase/development is considered part of equity contribution)
