mortgage providers in ghana

Ready to own a home but low on cash and need help? Consider a mortgage or in layman terms, a home loan. Without saying too much, below are some of the top mortgage providers in Ghana who can help.

Certified mortgage providers in Ghana 

Whether buying a home, building a home or upgrading your existing home, the home loan providers below have something tailored for you. Mortgage products offered are usually home purchase, improvement and home completion.

Psst: We put together a list of mortgage houses for sale in Ghana you should absolutely check out.

First National Bank (formerly Ghana Home Loans) 

With a tagline that reads, moving you from a tenant to a homeowner, First National Bank means business. Formerly Ghana Home Loans, First National Bank is the foremost bank when it comes to home financing in Ghana. The bank has several years of experience operating in the real estate space and has worked with all the top developers to provide luxury apartments and homes to Ghanaians and non-Ghanaians alike.

Apply for an FNB home loan at this link.

Republic Bank

Republic bank aims to support both companies and individuals to acquire residential property for investment or private purposes. The maximum amount of loan a person can take depends on the client’s credit profile. You will need to make a down payment of 20% and the maximum term is 20 years. There is also a processing fee, which is 1.5% of the proposed loan if you are Ghanaian and $250 USD or £150 GBP if you are a non-resident Ghanaian.

Below is real estate vlogger Vanessa Kanbi in talks with the bank on mortgages.

Absa Bank

Absa Mortgage Home Loan

Absa offers loans up to GHS5 million spread over 5 – 20 years depending on the type of house and your income. Mortgages however only cover houses within Accra, Kumasi and its environs. Absa’s loan facilities can help you buy a house, borrow against a home you own, upgrade your house and even take over your mortgage from another financial institution.

Visit this page to apply for an Absa home loan.

Cal Bank

Aside from their other functionalities as a bank, Cal Bank also seeks to assist clients to gain access to loans to purchase a home of their choice. The Cal Bank Mortgage has been designed to meet your present home loan needs. You are to be between the ages of 21 to 55 to be eligible for a mortgage from Cal Bank.

Stanbic Bank

Stanbic bank is one of the largest commercial banks in Ghana. The facility fee is 2% with loan repayments being between 5 to 20 years to repay. In addition, there is no limit to the amount you wish to acquire. Acquiring the home loan may depend on your income as well. Stanbic bank gives you the flexibility of repaying the loan at a pace you may be comfortable with. Stanbic bank also has 6 different mortgage products to choose from, namely:

  • Home Purchase
  • Developer Construction
  • Equity Release
  • Employer Group Mortgage
  • Home Improvement; and
  • Home Refinancing.

More info here.

I'm Kadi Tay and I write about different things, real estate is one of them. The plan is to make real estate info fun by kicking out Mr. corporate stiff. So don't be surprised if you see a Kwesi Arthur reference somewhere. I promise it'll make sense. When I'm not working magic here, you'll find me talking geek stuff in Africa, travelling with my buds, highlighting young people killing it, talking about life and adulting, or doingrandom things.


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