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Purchasing your first home is probably the single most important investment you will ever make. Belize Bank Mortgage Loans are designed to help you own your home sooner and with affordable payments. Whether you are purchasing, building, renovating or consolidating your debts, our mortgage specialists will fully explain your mortgage options and provide the best advice available.
Own with as little as 30% down! With home ownership, the biggest hurdle is usually coming up with the down payment. Through a Belize Bank Mortgage Loan, you can borrow up to 70% of the value of your dream home and we can finance your Mortgage Insurance Premiums.
TERMS
- Up to 20 year repayment
- Low, competitive interest rates
- 30% home owner’s equity in the form of land value or cash
- For your convenience and security, Home Insurance and/or Life Insurance can be included
Repaying your mortgage over a longer period of time allows you to customize your monthly payments to fit your budget. The Belize Bank Mortgage Program also allows Penalty-free prepayment privileges. You can prepay any amount of your mortgage each year of your term without penalty or increased administration costs.
For your piece of mind, we offer mortgage cancellation achieved through top insurance companies. In the unlikely event that something happens to you, your loved ones will be secure.
Our mortgage specialists will explain your mortgage options and ensure that you select an option tailored to suit your needs. Contact your Belize Bank branch to find out more, including current rates and fees. Fill out a Mortgage Loan Application to get started.
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