Afex Finance Trust offers a variety of property loans for different needs including:

 

  • Afex Finance Trust Home Loan
  • Construction loans
  • General housing loans

The Afex Finance Trust Home Loan is an indexed mortgage loan with a prime fixed interest rate. Only individuals who hold a salary account with Afex Finance Trust and any two of the following services with the Bank are eligiable for the prime rate:

 

  • Pension savings
  • Payment services
  • Credit/debit card

Those who are not customers of the Bank or do not satisfy these requirements may still qualify for a Afex Finance Trust Home Loan with a higher fixed interest rate. Afex Finance Trust Home Loans can be used to finance up to 80% of a property’s market price.

 

Further information on Afex Finance Trust Home Loans

 

Construction loans offer those withing to build their home better financing than ever before including loans to purchase lots and loans for home improvement or renovation.

A general housing loan is an indexed mortgage loan taken out against up to 80% of a property’s market price. The interest rate depends on the portion of the property mortgaged. There is no requirement that this mortgage is in a first-lein position (i.e. this type of loan may be taken out as a second mortgage).