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.
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