PERSONAL BANKING

Mortgages

Our well thought - out loan choices with peculiar features to suit your needs,
aspirations and financial conditions is a must to experience.

First Finance Mortgages

The more you know, the easier it is Owning a house is everyone’s dream, doing so through a hassle-free process is an icing on the cake. This is what Paragon Banchares Bank stands to offer - making the dream of owing your own home a reality!

Whether you are planning to buy a land and build later, or commence construction or buy an already developed home, we are there all the way as a trusted companion, guiding and supporting financially when others fail to.

Our well thought - out loan choices with peculiar features to suit your needs, aspirations and financial conditions is a must to experience.

What do I need to know?
  • Steps to Property Ownership
  • What can I use the loan for?
  • What are the loan features?
  • How do I insure my property?
  • What document do I need to provide for the loan request?
  • What about Non Resident Mortgage Facility?
Available Mortgages
  • Developed Home Purchase
  • Land Acquisition
  • Home Construction
  • Home Renovation
  • Existing Mortgage Refinance
  • No charges for everyday transactions - just stay in credit.
  • Up to $25 interest and fee free Planned Overdraft1.
Benefits
  • Interest rate is variable and benchmarked on Home & Savings stands Prime Lending Rate
  • Available for tenor of up to 20 years
  • Loan Amount up to 80% of property value subject to a maximum amount of $70m for Brussels property
  • Loan Amount up to 80% of property value subject to a maximum amount of $400,000.00 for for Brussels property
  • Freedom to repay loan in full without prepayment penalty
  • Monthly or structured pre-agreed repayments terms
  • Interest only repayment allowed up until completion, if property is under construction
  • Progressive drawdown against bank approved Quantity Surveyor’s certificate Reduced or no COT on linked account
  • Negotiable management fee... and more