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AG Mortgage Bank PLC

Corporate Mortgage Loan

A tailored mortgage solution for corporate clients, enabling property acquisition with flexible and customized repayment structures.

Features

A structured financing package offering up to 70% project funding with a seven-year max tenor, a 30% equity requirement, and secured by a legal mortgage on the property.

Loan Amount

Up to 70% of the property value or project cost

Tenor

Maximum of seven (7) years

Equity

Minimum 30% of the cost of the project

Security

A legal mortgage over the financed (or alternative) property, registered title documents (C of O, Deed of Assignment, etc.), a personal guarantee and/or additional security where applicable, and key-man and property insurance policies.

Benefits to Borrower

Enjoy benefits associated with ownership (comfort, rental, etc.)

Flexible repayment plans up to 7 years tenor aligned with customer’s cash flow

Competitive interest rates

Access to Professional advice and project management services

FAQs

What percentage of the project cost can I borrow?

You can access financing of up to 70% of the property value or project cost, while contributing a minimum equity of 30%.

What is the maximum repayment period for the loan?

The facility offers a maximum tenor of five (5) years, with repayment structured to align with your cash flow.

What interest rate and fees apply to this loan?

The loan attracts a 35% annual interest rate, along with a 1% management fee (payable upfront) and other standard charges such as monitoring fees, legal/perfection fees, and insurance premiums.

What type of security is required for this loan?

Security includes a legal mortgage over the financed or alternative property, registered title documents (such as C of O or Deed of Assignment), personal guarantees, and relevant insurance policies like Key-Man and property insurance.

What benefits do I get from taking this property financing?

Borrowers enjoy flexible repayment, competitive interest rates, and the ability to own and occupy the property immediately while paying over time.

Does this financing help with project management?

Yes. Borrowers benefit from professional project management services that ensure timely delivery, quality control, and stable pricing of building materials through approved vendors.

How does this loan support better financial discipline?

The structure of the loan encourages borrowers to manage funds efficiently and reduce wastage, helping ensure proper use of resources throughout the project.

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