Home loans and Mortgage lenders in AccGhana

The dream of becoming a homeowner is on the vision board of almost every individual at some point in their lives. If you are considering homeownership then you have come to the right place.

Most people who buy houses do so with home mortgages. A mortgage is a necessity if you do not have all the cash upfront or when you want to free up funds for other investments. A Mortgage makes homeownership attainable.

What Is A Mortgage?

A mortgage is a loan used to purchase, remodel or maintain a home or any form of real estate. The Mortgage lender provides you the principal loan amount and charges you an interest on it. Over a specified number of years, the borrower repays the loan in affordable monthly payments, plus the accrued interest until they own the property free and clear.

Specific Requirements To acquire Home Loans Or Mortgages In Ghana

A loan application is used by borrowers to apply for a loan. The prospective borrower would have to go to a bank’s physical location to put in a paper application or fill a form by applying online.

The forms ask for everything from contact information, financial statements, sources of income to property owned. Even a credit check. However these loan applications differ, depending on the Mortgage lender.

In this section, we will detail what a typical bank in Ghana will require from a loan applicant. Read more about the list of basic loan or mortgage provider requirements here.

How to Qualify for a Home Loan

What qualifies you for a home loan or a mortgage is largely driven by how much of your income you’ll have for house payments after covering other debts. Most lenders look for a debt-to-income ratio of no more than 43%.

Top 6 Mortgage Providers or Home Loans Lenders In Ghana 2021

Meeting your mortgage requirements is one thing, but shopping around for the best lender offering you the best interest rate and lower fees is an entirely different task. Owning a home is a long-term investment, and it can be quite overwhelming for a home buyer to select the best financial institution to obtain a home loan.

To spare our home buyers the trouble, we have listed the top banks or Mortgage lenders (not in any particular order) that will offer you the most affordable deals to acquire your dream home in Ghana.

Republic Bank

The Government through the National Housing and Mortgage Fund aided (in the form of partnership) the establishment of the Republic Bank mortgage packages to deliver mortgages at affordable interest rates.

And the six(6) of them are;

  1. Republic Bank Home Purchase Mortgage (HPM),
  2. Republic Bank Home Equity Mortgage (HEM),
  3. Republic Bank Home Completion Mortgage (HCM),
  4. Republic Bank Buy Build And Own A Home,
  5. Republic Bank Home Improvement Mortgage
  6. Republic Bank Public Sector Home Scheme.

Read in detail of Republic Bank’s mortgage and loan packages here. And also for further information on how to apply, qualifications, and requirements, kindly visit their website.
Republic Contact Information;
Tel – +233 302 429555, +233 302 258106, +233 302 242093, +233 302 242094
Fax – +233 302 242095

Stanbic Bank


Stanbic bank offers various home loans solutions that enable you to achieve your important life ambition – buying or building the property of your dreams. Their home loans come with benefits such as; loan choices, no limits, best value and your terms. The maximum term for repayment is 5 to 20 years and the facility fee is 2%.

They have various home loan packages to choose from and repay over a long term. The following are the list of their packages:

  1. Home Purchase
  2. Developer Construction
  3. Refinancing
  4. Internal Refinancing
  5. External Refinancing
  6. Cash-Out Refinancing
  7. Equity Release
  8. Home Improvement
  9. Employer Group Mortgage Scheme.

Read more about the Stanbic Bank Mortgage Packages here. For information on repayment conditions, insurance and requirements, please visit Stanbic bank website.
Get in touch with Stanbic Bank now.
Local – +233 302 815 789 Vodafone Toll Free number – 080010009

Fidelity Bank

fidelity bank

Fidelity bank has mortgage facilities which are designed to bring you a high level of satisfaction with your banking transactions and interactions. The following are the list of mortgage packages from Fidelity Bank.

  1. Home Finance
  2. Home Equity
  3. Home Completion
  4. Home Improvement
  5. Serviced Plot Finance

Read more about the Fidelity Bank packages here. For information on how to apply, qualifications, and requirements for any of these facilities, visit their website or:
Whatsapp – 0245225400
Email – wecare@myfidelitybank.net

First National Bank

first national bank

First National Bank seeks to provide financial assistance to anyone looking to purchase, improve or capitalise from their property – whether they are here on Ghanaian soil, or abroad.

First National Bank have about five (5) loan products. The following are the list of mortgage packages from First National Bank.

  1. Home Purchase Mortgage
  2. First-time Buyer Loan
  3. Buy to Let
  4. 100% Purchase
  5. Home Purchase Loan
  6. Home Construction Loan
  7. Home Completion Loan
  8. Land Purchase Mortgage
  9. Home Owners Mortgage
  10. Home Improvement Loan
  11. Equity Release
  12. Save-to-Own

Read more about First National Bank and their packages here. For information on the documents needed, qualifying criteria, you can contact FNB on;
Tel – +233242435050, 0800770522
Fax – +233242435202
Email – info@firstnationalbank.com.gh


Whether buying a home, borrowing against a home you own or upgrading your existing home, whatever your options are.

Absa has about four (4) packages designed to help you achieve your dream.

Owning a home – Designed for applicants who want to purchase a property for residential purpose.

Equity Release – You can borrow against a home you own.

Home Improvement Loan – You can upgrade with this package.

Home Loan Takeover – Absa can buy your mortgage from another financial institution.

Absa offers up to 90% finance for home purchase and up to 70% for equity release and home improvement. They offer a maximum debt service ratio of 50%. The maximum term is 5-20 years. Absa can lend you up to GH₵5,000,000.00 depending on your income and the value of the property you are buying. They offer property insurance and credit life insurance covering death, permanent disability and retrenchment.

Property should be located within Accra and Kumasi and their environs. You have to necessarily bank with Absa to qualify for a mortgage (after approval, you will have to move your income or salary to Absa if you are not a customer yet). The maximum repayment period is 20 years or up to the age of 60 years, whichever is shorter (depending on retirement age required by your employer).

Is Absa your Mortgage lender choice?

Contact them now for more information on how to apply, the qualifications/requirements.

Tel – +233302429150
Toll free – 0800222333
WhatsApp – +233501644644
Email – service.excellence.GH@absa.africa


ecobank ghana

Ecobank offers a flexible range of loans to help you afford whatever you need finances for. They have several loan accounts (of your choice) created for you with detailed information on their website.

Personal Loan – This is an all purpose loan, offering you flexible repayment plans and the option to access additional funds after repayment overtime. Whatever you are financing, you can lean on Ecobank.

  1. Asset Acquisition – This facility can help you make your dreams of purchasing a new vehicle or generator a reality, by offering you up to 90% of the cost of asset.
  2. Mortgage Loan – Ecobank Mortgage Loan is designed to assist you in buying a new home, or renovating, or refinancing the home you live in now.

Acquiring a Mortgage Loan from Ecobank is pretty easy actually. All your options are laid out for you. You can just walk into any Ecobank Office branch near you or apply online and you will be sorted.

Need more information? Contact them now!
Tel – +233 302 213 990
Email – ecobankenquiries@ecobank.com

It seems futile for most people to buy a home without a mortgage. Getting hundreds of thousands of dollars put down as one large sum is a privilege for very few. These homebuyers can only put together a deposit, and the rest has to be borrowed from a bank or any financial institution.

It is comforting to know there are many lenders offering a whole range of different types of mortgages – whether you are buying your first home, refinancing or buying the next property, there is a home loan suitable for you. And the amount you will pay back every month is more manageable, and affordable even though it comes with an interest. Ha Ha..!

With the grand information provided in this article on everything you need to know about home loans or mortgages providers in Ghana, securing a home loan or mortgage from any of these Mortgage Companies listed to acquire your dream home is not an impossible feat afterall.

When choosing a mortgage, the interest rate you’ll be charged is one of the most important factors to consider.

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