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Onshore (Cash and Draft Rates):EUR / GHS = Bid: 5.9688 Offer: 6.4739GBP / GHS = Bid: 6.8343 Offer: 7.4194USD / GHS = Bid: 5.5200 Offer: 5.9000Offshore (Transfer/Inflows):EUR / GHS = Bid: 5.9688 Offer: 6.4639GBP / GHS = Bid: 6.8343 Offer: 7.4094USD / GHS = Bid: 5.5200 Offer: 5.8800

Mortgage Loans

Enjoy the widest range of mortgage loan products in the sub-region

Welcome to your number one place for making all your housing dreams come true.

Why Choose Us For Mortgages?

Superior Industry Knowledge

With over 11 years’ experience in the mortgage industry, we have grown to become the leading and most trusted residential mortgage finance provider in Ghana.

Large Bouquet of Products

We have the largest range of mortgage loans on the market to suit all your housing needs. Whether you are buying your first house, building your house, renovating your house, or looking for ways to use your house as a means to create additional wealth, we have a solution for you. solution no matter your housing need.

Focus on risk mitigation

We focus on helping you reduce all the associated risk with acquiring a home by providing insurance for the consequences of death, permanent disability, temporary disability and destruction of property.

Safe and Sound Acquisition Process

Buying a home can be stressful, that is why we have all the tools and expertise to help you avoid the pitfalls of purchasing your home.

Dedicated Professional Advisors

Our staff are well-trained, friendly and ready to serve you with integrity and confidentiality. Get answers to all your questions and concerns every step of the way during your mortgage application process.

Get started with a quick overview of our extensive range of mortgage loans

Tips for buying a house

Owning a property is absolutely the best investment you can make. Aside from the fact that real estate appreciates with time, it is also a very safe way to invest money as you can easily track its value in the market. Here are 13 tips to ensure you get it right the first time.


    1. Explore all your options

Prior to applying for a mortgage, it is important to understand the different mortgage facilities available and also the interest rates on these mortgages.

    2. Buy a property you can afford now, not later

Determine your budget based on what you can afford to repay now, not the maximum you’re allowed to borrow. Even if you’re pretty certain that you’ll be earning more in a year or two, you might also find that circumstances increase the other expenses in your life. Children, schools, new cars and travel plans are substantial costs. Make sure there will be room in your budget for you to live the life you want.

    3. Know what is important to you

When looking for your dream home, what other factors matter a lot to you? Is it access to major roads, ease of getting public transport, proximity to supermarkets, recreational facilities, schools or hospitals? Whatever it is, chose property that meets all your top requirements.

    4. Use your head, not your heart

Don’t be afraid to walk away from a bad deal. There will be other properties, maybe even better ones. Remember that this is a financial transaction and that your terms must be met. Buying a house based on emotions is just going to break your heart. If you fall in love with something, you might end up making some pretty bad financial decisions. There’s a big difference between your emotions and your instincts. Going with your instincts means that you recognise that you’re getting a great house for a good value. Going with your emotions is being obsessed with the color of the house or the backyard. It’s an investment, so stay calm and be wise.

    5. View at different times of day

View the place three times at different times of the day to get an idea of what the house and neighbour hood are like. Daylight makes spotting flaws easier, but the pounding music that will make your life hell may not begin until the neighbours get back from work.

    6. Inspect smartly

Smart sellers naturally stage their homes to make sure they look their best when you view them. You’d do the same. Remember to look between the lines for issues that might not be immediately obvious. Take along a list of practical things to check – things like adequate power points, holes or cracks. That way, if you fall instantly in love, you won’t suddenly forget to check for possible pain points.

    7. Consider resale potential

If you don’t want to live in the property until you die, consider ease of resale. This may be your dream home, so you can live with walking through the kitchen to get to the bathroom. But will others?

    8. Negotiate as much as you can

You can use an agent to do the negotiating for you, but you can’t be sure how hard they will push for you. As a buyer, you should feel in control and as though you have nothing to lose through robust negotiation.

    9. Gardens and yards are work

Almost everyone likes the idea of having a garden, but if you’re not used to maintaining one, you might want to think twice about whether you want to spend your weekends weeding and mowing the lawn.

    10. Don’t let yourself feel pressured

Don’t operate on someone else’s timeline and don’t make commitments that will make things challenging if your property hunt takes a few months longer than you anticipated. If you’re renting, stay on a month-to-month agreement so that you are able to move without penalty. If you feel rushed at all, then back away. Time is on your side.

    11. Perform a walk-through inspection

Every home-buyer should walk-through the property prior to closing. Take your contract and make sure everything is as agreed upon. If not, you have the right to postpone the closing until the necessary items are remedied.

    12. Congratulations, you're a new homeowner, now what?

You’ve signed the papers, moved to the new place and it’s starting to feel like home. Game over? Not quite. Keep saving because with home ownership comes major unexpected expenses like replacing the roof etc. Start an emergency fund for your home so that you won’t be caught off-guard when the costs inevitably rise.

    13. Perform regular maintenance

With the large amount of money you’re putting in your home, you’ll want to make sure to take excellent care of it. Regular maintenance can decrease your repair costs by allowing problems to be fixed when they are small and manageable.

Tools & Guides

Mortgages don’t have to be confusing even for the first time home-buyer. Use our guide here to understand 45 common lending and mortgage terms.

     Adjustable Rate Mortgage (ARM)

A type of mortgage facility in which the interest rate applied to the outstanding balance varies throughout the life of the loan.


A consumer’s capacity to afford a house. Affordability is the amount of money a mortgage borrower can make on a monthly basis towards a mortgage, based upon their income, expenses, and the proposed monthly payment. Mortgage affordability has a direct relationship with the maximum purchase price you can qualify for when buying a home.


A document submitted by one or more individuals applying to borrow money to purchase a real estate property.

    Application fee

A fee that some lenders charge to accept an application. It may or may not cover other costs such as a property appraisal or credit report, and it may or may not be refundable if the lender declines the loan.


Acceptance of the borrower’s loan application. Approval means that the borrower meets the lender’s qualification requirements and also its underwriting requirements. In some cases, especially where approval is provided quickly as with automated underwriting systems, the approval may be conditional on further verification of information provided by the borrower.

    Approval in principle

A term used when a Lender pre-approves a borrower’s request assuming that the borrower meets certain requirements. The borrower is still expected to submit information to receive a firm approval.


Anything of monetary value that a person owns. Assets include real property, personal property and enforceable claims against others. (including bank accounts, stocks, mutual funds and so on).


The amount of the original loan remaining to be paid. It is equal to the loan amount less the sum of all prior payments of principal.


An individual who applies for and receives a loan in the form of a mortgage with the intention of repaying the loan in full.


On a home purchase, the process of transferring ownership from the seller to the buyer, the disbursement of funds from the buyer and the lender to the seller, and the execution of all the documents associated with the sale and the loan. On a refinance, there is no transfer of ownership, but the closing includes repayment of the old lender.


Assets pledged as security for the repayment of a loan.

    Construction financing

The method of financing used when a borrower contracts to have a house built, as opposed to purchasing a completed house.

    Credit report

A report from a credit bureau containing detailed information bearing on credit-worthiness, including the individual’s credit history.


Failure of the borrower to honour the terms of the loan agreement. Lenders (and the law) usually view borrowers delinquent 90 days or more as in default.


Refers to failure of the borrower to make a required mortgage payment when due or as agreed.

    Documentation requirements

The set of lender requirements that specify how information about a loan applicant’s income and assets must be provided, and how it will be used by the lender.

    Down payment

The difference between the value of the property and the loan amount, expressed in cedis or as a percentage of the price. For example, if the house sells for GHS 100,000 and the loan is for GHS 80,000, the down payment is GHS 20,000 or 20%.


A legal right or interest in a property that affects title and lessens the property value. Encumbrances can take the form of claims, liens, unpaid taxes and so on. These will usually have to be taken care of before a buyer may purchase a property.

    Facility letter

An agreement or letter in which a lender (usually a bank or other financial institution) sets out the terms and conditions (including the conditions precedent) on which it is prepared to make a loan facility available to a borrower.


The sum of all upfront cash payments required by the lender as part of the charge for the loan.

    Fixed rate

An interest rate that is fixed for the term of the loan.


The legal process by which a lender takes possession of the property that secures a mortgage loan when the borrower defaults.

    Homeowners insurance

Insurance purchased by the borrower, and required by the lender, to protect the property against loss from fire and other hazards.

    Interest rate

The rate charged the borrower each period for the loan of money, by custom quoted on an annual basis. A rate of 6%, for example, means a rate of 1/2% per month. A mortgage interest rate is a rate on a loan secured by a specific property.

    Letter of intent

An interim agreement that summarises the main points of a proposed deal or confirms that a certain course of action is going to be taken. Normally it does not constitute a definitive contract but signifies a genuine interest in reaching the final agreement subject to due diligence, additional information or fulfilment of certain conditions.

    Loan amount

The amount the borrower promises to repay, as set forth in the mortgage contract.


The number of percentage points added to an index to calculate the interest rate on an ARM at each adjustment.


The period until the last payment is due. This is usually but not always the term, which is the period used to calculate the mortgage payment.

    Maximum loan amount

The largest loan size permitted on a particular loan program.

    Minimum down payment

The minimum allowable ratio of down payment to sale price on any program. If the minimum is 10%, for example, it means that you must make a down payment of at least GHS10,000 on a GHS100,000 house, or GHS20,000 on a GHS200,000 house.


A document that creates a lien on a property as security for the payment of a debt.

    Mortgage company

A company engaged in the business of originating and/or funding mortgages for residential or commercial property.

    Mortgage loan

Easily defined as a loan that a bank or mortgage lender gives a purchaser to help with purchase of a home, which serves as collateral to provide for repayment in case of default.

    Mortgage payment

The monthly payment of interest and principal the borrower makes.

    Payment period

The period over which the borrower is obliged to make payments. On most mortgages, the payment period is a month, but on some it is biweekly.


A full or partial payment of the principal before the due date. This might occur if the borrower makes extra payments, sells the property or refinances the existing loan.

    Prepayment penalty

A charge imposed by the lender if the borrower pays off the loan before the prepayment period. The charge is usually expressed as a percent of the loan balance at the time of prepayment, or a specified number of months’ interest.


Refers to the amount of debt, not counting interest, left on a loan. Portion of the monthly payment that is used to reduce the loan balance.


Compiling and maintaining the file of information about a mortgage transaction, including the credit report, appraisal, verification of employment and assets, and so on.


The process of determining whether a prospective borrower has the ability, meaning sufficient assets and income, to repay a loan. Qualification is sometimes referred to as “pre-qualification” because it is subject to verification of the information provided by the applicant. Qualification is short of approval because it does not take account of the credit history of the borrower. Qualified borrowers may ultimately be turned down because, while they have demonstrated the capacity to repay, a poor credit history suggests that they may be unwilling to pay.


Mortgage refinancing is the process of replacing your mortgage or mortgages on your property with a new mortgage, generally with different terms than the original mortgage.

    Self-employed borrower

Any individual who has a 25% or greater ownership interest in a business is considered to be self-employed. The business’ financial statements for three years are assessed for the mortgage.


The number of years until a loan is due to be paid in full.


A document that gives evidence of ownership of a property, as well as rights of ownership and possession.

    Variable rate

An interest rate that changes periodically in relation to an index.

monthly payment
borrowing capacity
property price
property value
borrowing capacity
qualifying monthly income