Owning your dream home has never been easier, faster or more convenient. At Absa, we can help you, whether buying a home, borrowing against a home you own, upgrading your existing home or even switching your mortgage over to us. 

• Up to GHS5,000,000 in finance
• Up to 90% finance for home purchase for local currency and 80% financing for foreign currency
• Up to 70% for an equity release or home improvement loan
• Maximum debt service ratio of 50% for local currency and 45% for foreign currency mortgage
  
• Tenor of 5 to 15 years for fixed interest rate
• Property insurance and credit life insurance covering death, permanent disability and retrenchment

Requirements 

• Annual interest rate of 24% for cedi mortgage and 10.5% for dollar mortgage
• Finance amount is dependent on your income and the value of the house you are buying
• Your salary needs to be paid into an Absa account
• Property should be located within Accra and Kumasi and their environs
• Maximum repayment period is 15 years or up to the age of 60 years, whichever is shorter (dependent on retirement age required by your employer)

The average Annual Percentage Rate (APR) for Absa Direct  Loan is the Ghana Reference Rate (GRR) plus a range of -3% to 20%. The exact APR will be made available to you when you engage us at any of our branches to request for a loan.