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Our mortgage loans are based on four
distinct categories, but our terms, rates and downpayment requirements are
flexible enough to meet almost any situation. Take a look at the options
available and decide which one is right for you.RESIDENTIAL MORTGAGES:
For most Bahamians, becoming a homeowner is their number one objective. Family
Guardian recognizes that an investment in a home is generally the single-most
important investment decision that a person will make in the course of his/her
life. For the past thirty years, Family Guardian has played a pivotal role in
helping our clients meet these objectives.
Today, we offer attractive terms and low downpayment on residential mortgages
for purchases of vacant lots, completed residences, and residential
construction. Our residential loans also apply to duplexes, provided the
borrower resides in one unit. EQUITY FINANCING:
Family Guardian also allows clients to use the equity they have accumulated in
their home to consolidate other loan facilities in order to improve monthly
cash flow. Additionally, equity financing may be used to borrow funds for
investments, educational, or medical expenses. INVESTMENT LOANS:
Our Investment Loans apply to all income-producing properties with three to
five units. Due to the increased risk associated with an investment loan, the
interest rates and downpayment requirements, though competitive, are slightly
higher than those of a residential loan. COMMERCIAL LOANS:
Commercial Loans refer to financing of any commercially zoned vacant lot,
commercial buildings (including strip malls) and apartment complexes with six
or more units.
COMMITMENT TO SERVICE:
Family Guardian recognizes that in the competitive business of mortgage
lending, customer service plays a major role in attracting and maintaining
quality mortgage clientele. Our team of professionals is second to none in
providing efficient quality service to our clients, leading the way to repeat
business.
If you are in the mortgage market, talk to a Family Guardian mortgage
representative today. We will be more than happy to assist you in making your
dreams a reality. Call our Mortgage Department in Nassau at (242) 396-4000 or
in Freeport at 242-352-3670.
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