Platinum Homes Logo
Follow us on ... Facebook

Mortgage

News

Mortgage Financing Percentages

  1. Home purchase – For owner occupier: Maximum financing – 90%
  2. Home purchase – For rental property: Maximum financing – 80%
  3. Construction – For owner occupier: Maximum financing – 80%
  4. Construction – For rental property: Maximum financing -70%
  5. Equity– Against existing property: Maximum financing: 80%
  6. Plot purchase – Maximum financing: 60%

Note:

  1. Maximum period is 15 years subject to age 60 or retirement age whichever comes earlier.
  2. For company borrowing maximum term is 10 years.

Interest rate is subject to the term of the loan. A ½% pa discount is applied on all mortgages that are repaid regularly for first 6 consecutive months



Click below for Loan application form