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. 

Key benefits 

  • Up to GHS5,000,000 in finance
  • Up to 90% finance for home purchase
  • Up to 70% for an equity release or home improvement loan
  • Maximum debt service ratio of 50%
  • Tenor of 5 to 20 years available
  • Property insurance and credit life insurance covering death, permanent disability and retrenchment
  • Annual interest rate of 26% for cedi mortgage and 11.5% 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 20 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.

  • Documents required

    When you are applying for a mortgage as a salaried worker or a professional (lawyers, doctors, etc.) the following documents are required:
    • Current payslip
    • Proof of identity (national registration card, valid passport or valid driver’s licence)
    When you are buying a home the following documents are required:
    • An offer of sale from a vendor
    • Land title certificate
    • Indenture
    • Deed of assignment
    • Site plan
    • Building permit
    • Ground rent
    • Consent to mortgage for leasehold (if applicable)
    • Sale and purchase agreement
    For equity release and home improvement, the following documents are required:
    • Land title certificate in favour of the customer
    • Indenture
    • Site plan
    • Building permit
    • Bill of quantity (bill of quantity is not required for loan amounts of GHS400,000 and below)
Need more help?

Call us on:
+233 (30) 242 9150 (network charges apply)
0800 222 333 (MTN and Vodafone customers)

Chat to Abby on WhatsaApp: 
+233 501 644 644

Email us: