asset

Mortgages

At a glance

The Mortgage facility is offered to FDH Bank Customers to enable them purchase existing properties in designated areas. The maximum repayment period is 10 years and facilities are mainly secured by the property purchased through legal charges, although other forms such as cash and treasury bills are acceptable.

Full details

The Mortgage facility is offered to FDH Bank Customers to enable them purchase existing properties in designated areas. The maximum repayment period is 10 years and facilities are mainly secured by the property purchased through legal charges, although other forms such as cash and treasury bills are acceptable. Some of the preconditions to accessing the facilities and facility terms are:

  • Property to be in designated areas acceptable to the Bank.
  • Clean search report from lands department. 
  • Up to date property valuation report by reputable valuers of the Bank’s choice. 
  • Provision of original title documents for the property being financed. 
  • Malawi Revenue Authority tax clearance certificate. 
  • City/Ground rates clearance certificate. 
  • Comprehensive insurance for the property. 
  • Finance shall be up to a maximum of 80% of the current market value of the property i.e. client will contribute 20% of the facility. 
  • Client must have an account opened with FDH Bank for at least 3 months. 
  • Client shall meet all fees: legal arrangement fees, disbursement fees /drawdown fees etc.

Terms & conditions

You can apply if you are 18 years of age or over pop into your local branch: Find your nearest branch or send us an enquiry 

 

You may also be interested in

 

You can download and print an application form for many of our products. Mail the completed form to: register@fdh.co.mw

Apply Now

 

Frequently Asked Questions

Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi.
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi. Nam liber tempor cum soluta nobis eleifend option congue nihil imperdiet doming id quod mazim placerat facer possim assum.
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat

Umoyo House, No. 8 Victoria Avenue North, Blantyre, Malawi +2651820219 info@ fdh.co.mw