The Product:
The HFC Home Purchase Mortgage is designed to assist individuals and companies to purchase residential properties for their own use or for investment purposes.

Description:
The maximum loan amount is subject to the credit profile of the customer.
The maximum term for this facility is 20 years for both Flexible repayment loans and standard conventional reducing balance loans.

Terms:
	RESIDENT GHANAIANS	NON-RESIDENT GHANAIANS
Maximum Loan	Subject to customer’s credit profile	Subject to customer’s credit profile
Minimum Down Payment	20%	20%
Maximum Term	20 years	20 years
Processing Fee	1.5% of proposed loan	US$250 / GBP150
Facility Fee	Nil	1% of proposed loan
Deposit against Statutory Fees (towards registration of legal documentation) -	2% of loan Amount	2% of  loan Amount