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.
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. Since 1980, 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.
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 or any worthwhile purpose.
Our investment mortgages 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 mortgages refer to financing of any commercially zoned vacant lot,
commercial buildings (including strip malls) and apartment complexes with six
or more units.
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
(242) 396-4040 or
in Freeport at
The information provided gives a general overview of the
products and services provided by Family Guardian
and should not be construed to be contractual information.
Like most insurance policies, Family Guardian’s policies contain exclusions,
limitations, reductions of benefits and terms for keeping them in force.
For complete cost and details, talk to your Family Guardian representative.