Equity Release
Unlock the value of your property with financing against an existing mortgage or on a property as collateral. Get up to 50% of your property’s value with the flexibility of up to 25 years repayment period. Features Maximum loan amount determined by borrower’s income. Flexible repayment period, determined by borrower’s age. Interest rate is calculated
Unlock the value of your property with financing against an existing mortgage or on a property as collateral. Get up to 50% of your property’s value with the flexibility of up to 25 years repayment period.
Features
- Maximum loan amount determined by borrower’s income.
- Flexible repayment period, determined by borrower’s age.
- Interest rate is calculated on a reducing balance basis.
- Loan is insured against death or permanent disability.
- Mortgage Protection and Fire Policy Insurance are required.
- Available in TZS and USD.