Finance

MORTGAGES 

ECAB bauhomes Mortgage Loans

Purchasing a home is one of the single largest investments you will make within your lifetime. At the Eastern Caribbean Amalgamated Bank, our Credit Staff will help you select a mortgage plan that meets your needs.

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FEATURES
  •  100% Financing*
  •  6.99% per annum charged on a reducing balance basis
  •  Maximum term up to 30 years
  •  Turnkey, payment on completion

 

BENEFITS
  • Speedy approvals
  • No penalty for accelerated repayments (repayment greater than specified regular payment amount) or early loan pay-off providing the Bank is given 3 months notice
  • Monthly deductions include 1/12 of annual life and property insurance premiums paid to insurance providers on your behalf
  • Dedicated and knowledgeable Credit staff to counsel you and assist with questions or queries

 

REQUIREMENTS
  •  Valid Antigua & Barbuda passport/ Proof of Antigua & Barbuda citizenship
  •  Job letter confirming salary and terms of employment
  •  Bank reference
  •  Valuation from a bank approved valuator
  •  Demand Charge over property for the full loan amount
  •  Assigned property insurance coverage for the full replacement cost of the building
  •  Assigned life insurance coverage for the full amount of the loan

 

CHARGES
  •  Reduced Legal and Negotiation fees

 

CONTACT ECAB

Contact our Client Services Centre for more information

Telephone: 268-480-6187 or apply here.

Email: info@ecabank.com  Website: www.ecabank.com

 

*Offer valid for Bauhomes only.  Terms and Conditions Apply