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 or buying from a developer with existing Property Development Loan with us (i.e. prospective homebuyer can ask their developer whether they have a homeloan arrangement with us and they would be glad to tell you more, if already not part of their marketing materials.)
• Refinancing & Equity Releases
• Minimum loan : $10,000
• Maximum loan: $5m (additional security may be required)
• Competitive variable or fixed interest rate in Ghana cedis, US dollars, GB pounds sterling or euro.
• 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 23 Universal Banks licensed by the Bank of Ghana, less than 7 of them provide home loans (mortgages). Sikamaster Loans is the only Non-bank direct mortgage provider in Ghana today,
More on Mortgage Comparision in Ghana here.
What you need to apply:
• Work in the public or private sector, including self-employed.
•Earn a minimum net salary of ghs2,000 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 Only. Kindly complete an online application form here to get started.
Other Home Loan Products