Create the mortgage that's right for you

Sagicor’s residential mortgages

With Sagicor’s range of mortgage solutions, you can choose the mortgage that meets your needs – now and over the life of the mortgage.

Residential mortgages are available for financing up to 75% of the cost, puchase price or appraised market value of the property, whichever is the lesser, or similarly up to 95% with Mortgage Idemnity Insurance or Guarantee insurance, where available. 

Our mortgages are for a period up to thirty (30) years or to age 70, whichever is earlier, for properties constructed substantially of concrete blocks. For properties constructed of hardwoods (purpleheart/greenheart etc.), the maximum term of the mortgage would be twenty (20) years. 

The term of any mortgage must be for a minimum of five (5) years. 

Choose from a range of mortgage solutions with:
• Low 5% down payments with Mortgage Indemnity Insurance
• Competitive fixed rates with stable and flexible terms
• Early repayment and /or lump-sum deposits permitted without penalty
• No commitment, application or negotiation fees
• Home Equity Financing 
 

Land Loans
Land purchase loans are also available for financing up to 95% of the purchase price of the land over a maximum period of fifteen (15) years.

Competitive interest rates are available. 
 

Contact your mortgage officer or your Sagicor Advisor to learn more.