Home equity is the value of your home less any amount that you still owe on it through your mortgage and or other liability(ies). Home equity loans can finance:
Home renovations and or additions
Purchase appliances and/ furniture
Educational costs for you or your children
Flexible repayment terms can be arranged to suit your unique situation. The maximum repayment term is thirty (30) years or your retirement age, whichever is earlier, for properties constructed of concrete blocks and twenty (20) years for properties constructed of hardwoods (purpleheart/greenheart etc.)
Give us a call to discuss or make an appointment or contact a Sagicor Advisor at 246-467-7500
Customisation/Flexibility: Not everyone is the same, and not every situation is the same, so no one mortgage can fit everyone’s needs. Sagicor allows you the flexibility to create the mortgage that fits your needs.
Affordability: Pay only the interest during construction.
Convenience: In addition to providing the mortgage for your home, Sagicor is your one stop shop for:-
Home Equity Financing
Mortgage Indemnity Insurance
Download and print the Residential Mortgage Requirements
Residential Land Loans
Interested in building that dream home sometime in the future? Let us assist with a land loan to purchase that parcel of land you so desire to get you on the way.
Your home’s structure keeps you safe. This is a way of returning the favour - with insurance that protects your home, and provides you and your family with options should your house structure be compromised.
If your house is the structure, then its contents make it a home. Should unfortunate circumstances, like a fire or natural disaster, were to occur you’d want to replace them and get your life back to normal. Whether you own or rent, this insurance is a good idea.