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Home Loans

Home Loans

Experience Same-Day Approval with Demerara Bank’s Home Loans!

Realize the dream of home ownership with Demerara Bank’s Home Loans. Our tailored solutions make acquiring your ideal home a reality, offering competitive interest rates and flexible terms.

Financing Available For:

  • Low-Income Housing Units
  • Young Professional Housing Units
  • Purchase of Property
  • Construction of Property
  • Renovations / Home Improvements

Required Contribution:

  • Low-Income Housing Units & Young Professional Housing Units – 10% Contribution
  • Construction of Property, Renovations & Home Improvements – 15% Contribution
  • Purchase of Property – 20% Contribution

Requirements:

  1. A valid Driver’s Licence (the card)
    In the absence of a Driver’s Licence:
    • National Identification Card or Valid Passport
    • Recent Proof of Address (dated within the last 6 months)
    • TIN Certificate
  1. A Job Letter or Payslip (issued within the last 3 months). If self-employed, your Business Registration and prior year financials are required
  2. Estimate for Construction
  3. Approved Building Plan (If Applicable)
  4. Certificate of Valuation / Copy of Title / Transport / Agreement of sale / Letter of Intent / Contractor’s Agreement.
  5. Photo of property (with lot number affixed)
  6. Evidence of Contribution

Interest Rates (Reducing Balance):

  • Up to $4M – 3.5% p.a.
  • From $4M to $9M – 3.7% p.a.
  • From $9M to $20M – 5.7% p.a.
  • From $20M to $30M – 6.9% p.a.
  • Above $30M – 8% p.a.

Apply Now!

    Personal Details

    *Title
    *First Name
    Middle Name
    *Last Name

    *Date of Birth
    *Marital Status
    *Dependents

    *Current Bank
    *Number of Years With Current Bank

    *Current Borrowings
    Value of Current Borrowings (GY$)

    Primary Identification Document
    *Document Type
    Document Number
    *Issue Date
    *Country of Issue

    *Expiry Date

    Contact Details

    Home Phone
    *Mobile Phone
    Work Phone
    *Email

    *Residency
    *Nationality
    *Country of Birth
    *Country of Residence

    *Lot/Apt & Street
    *Village/City/Town
    *County/State
    Zip/Postal Code
    *Country

    Income/Employment Records

    *Primary Income
    *Monthly Expenses (GY$)
    *Employment/Income Details

    Employment Details
    *TIN
    *Employer
    *Occupation
    Date of Employment
    *Monthly Income (GY$)
    Self Employed
    *Business Name
    Business Registration #
    *Date of Registration
    *Position
    *Monthly Income (GY$)


    Upload Required Documents (jpeg/pdf files)

    *Upload Primary Identification (as selected above)
    Upload TIN Certificate

    *Upload Recent Proof of Address
    *Upload Evidence of Income/Projections/Payslip/Job Letter

    Upload Estimate for Construction (if applicable)
    Upload Approved Building Plan (if applicable)

    Upload Certificate of Valuation (if applicable)
    Upload Photo of Property with Lot# Affixed (if applicable)

    Upload Document of Ownership Title/Transport/Agreement of Sale/Letter of Intent/Contractor’s Agreement (if applicable)


    Loan Details

    *Preferred Branch
    *Type of Home Loan
    *Loan Amount (GY$)
    *Down Payment (GY$)

    Do you have a co-applicant?

    Co-applicant’s Personal Details

    *Title
    *First Name
    Middle Name
    *Last Name

    *Date of Birth
    *Marital Status
    *Dependents

    *Current Bank
    *Number of Years With Current Bank

    *Current Borrowings
    Value of Current Borrowings (GY$)

    Co-applicant’s Primary Identification Document
    *Document Type
    Document Number
    *Issue Date
    *Country of Issue

    *Expiry Date

    Co-applicant’s Contact Details

    Home Phone
    *Mobile Phone
    Work Phone
    *Email

    *Residency
    *Nationality
    *Country of Birth
    *Country of Residence

    *Lot/Apt & Street
    *Village/City/Town
    *County/State
    Zip/Postal Code
    *Country

    Co-applicant’s Income/Employment Records

    *Primary Income
    *Monthly Expenses (GY$)
    *Employment/Income Details

    Employment Details
    *TIN
    *Employer
    *Occupation
    Date of Employment
    *Monthly Income (GY$)
    Self Employed
    *Business Name
    Business Registration #
    *Date of Registration
    *Position
    *Monthly Income (GY$)


    Upload Required Documents for Co-applicant (jpeg/pdf files)

    *Upload Primary Identification (as selected above)
    Upload TIN Certificate

    *Upload Recent Proof of Address
    *Upload Evidence of Income/Projections/Payslip/Job Letter


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