New Ideas for your dream home? National can help.
Your home is your sanctuary. Take care of it.
Enhancing your investment has never been so easy. Now you can improve your home with an affordable Property Improvement Loan from National.
Details
- Borrow up to $100,000
- 100% financing available
- Up to 10 years repayment plan
- Low interest rates
Loan Requirements
- Two valid, government issued picture IDs
- Letter of request (Stating amount, purpose, security/collateral being offered)
- Personal Financial Statement/s (Forms will be provided)
- Income and Expenditure Statement/s (Forms will be provided)
- Confirmation of employment (Stating salary and years of service)
- Detailed estimate of the house to be repaired/renovated (Estimate to be signed and dated by Estimator)
- Copy of approved plans/drawings of house if making additions to existing structure
- Copy of Certificate of Title/Deed to the property
- Details of Contract with builder (Labour only or fixed price contract)
- The customer must also have available enough cash to cover loan charges, legal fees and the cost of insuring the property during and after construction
- The customer should have life insurance, and this should normally be enough to cover the loan amount
- The maximum repayment term that may be offered is 10 years, subject to applicant's age