Exciting time to own a home with our low-rate home loans. Sikamaster Loans provide qualified borrowers with low-cost financing. To help you achieve this important life ambition, we offer various home loan solutions that enable you buy or build the property of your dreams.
• Can be used to purchase a new or pre-owned home via DCANS Properties Ltd only.
• Refinancing & Equity Releases
• Minimum loan : $10,000
• Maximum loan: $5m
• Competitive variable or fixed interest rate in Ghana cedis, US dollars, GB pounds sterling or euro.
• Only available to employees of our sister companies only.
• Financing up to 100% of the home’s value
• Low rates - APR within 6.00% and 12.00%
• Flexible terms - Up to 30 yrs repayment
• Home Equity Line-of Credit Loans
How we compare
Of the 34 Universal Banks licensed by the Bank of Ghana, less than 15 of them provide home loans (mortgages). Sikamaster Loans is the only Non-bank direct mortgage provider in Ghana today,
What you need to apply:
• Work in the public or private sector, including self-employed.
•Earn a minimum net salary of ghs1,000 or $1,500 a month
• Be permanently employed
• Be a high net worth individual considering buy-to-let options
• Be over 21 years and under/at 60 years by the end of the loan term.
• Fill in a Home Loan Application form and attach the following supporting documents:
- Proof of income – past three months’ payslips · Proof of past two years’ employment
- Proof of identity – passport, driver’s licence, Voter’s Identity Card
- Proof of residence
- Offer letter from developer (for Home Purchase, Developer Construction and Employee Mortgage Scheme)
- Bill of quantities, building plan and permit (for home improvement and developer construction)
- Property title documents (To begin title search)
- A Valuation Report from one of our approved valuers will also have to be given to us
- Loan will be approved subject to a positive credit bureau report
How to apply
Our bespoke Home Loans can currently be used to buy a home from DCANS Properties LLC (DPL) ONLY. Kindly complete an online application form here to get started.