Switch Your Mortgage
Move your residential mortgage to Demerara Bank with zero fees and a simple transfer process.
Enjoy a 5% interest rate, financing up to G$30M, and bundled products, including a
vehicle loan, consumer loan, and credit card, all at no extra cost.
Why Switch?
Zero Fees
Demerara Bank covers all costs associated with:
– Court Filing Fees
– Legal Fees
– Processing Fees
Efficient Approvals
Once documents are submitted, approvals are typically completed within 48–72 hours.
Competitive Rates & Terms
5% interest rate
Up to 30 years to repay
Maximum financing of G$30M
Designed to create stable, manageable monthly payments.
Bundled Facilities
Qualified applicants may also access:
Visa Credit Card (G$1M–2M)
Car Loan (up to G$6M at 7%)
Consumer Loan (up to G$500,000)
All extended at zero legal and processing fees.
Required Documents
To ensure a smooth mortgage switch, please prepare the following documents.
These are essential for our quick approval process.
- National Identification Card / Passport / Driver’s Licence
- Recent Job Letter or Payslip or if self-employed: Business Registration and prior year financials
- Copy of Title or Transport and Valuation of Property
- Loan Statement or Payout Letter from your current lender