If you already have a mortgage with other financial institutions, you can transfer your loan to GHL Bank to benefit from our competitive rates and first class customer service. GHL Bank shall pay off the outstanding loan balance with the other financial institution on your behalf.
Loan Purpose – To switch mortgage loan from another finance institution to GHL Bank. Tenure – 10 to 15 years. Debt Burden - Not more than 40% of net income. Repayment – Fixed Monthly Repayment.
Access to a dedicated relationship officer to handle all activities in relation to mortgage facility Available funds to finance obligations if client applied for an amount greater than that owed to the current lender Easy access to insurance facilities for the mortgage facility Competitive charges Transparent terms and conditions
Property to be refinanced must be residential. Applicant must pay off the loan before their 60th birthday. Applicant must have a satisfactory repayment history on existing mortgage with the other institution.
Other requirements if you are self-Employed