Residential Mortgages

Realize the dream of home ownership with Demerara Bank's Home Loans. Our tailored solutions make acquiring your ideal home a reality, offering competitive interest rates and flexible terms.

Financing Available For

Low Income Housing Units
Young Professional Housing Units
Purchase of Property
Construction of Property
Renovations / Home Improvements

Required Contribution

Low Income Housing Units & Young Professional Housing Units - 10% Contribution
Construction of Property, Renovations & Home Improvements - 15% Contribution
Purchase of Property - 20% Contribution


Interest Rates

Up to $4M: 3.5% p.a.
Above $4M to $9M: 3.75% p.a.

Above $9M to $20M: 5.7% p.a.
Above $20M to $30M: 6.9% p.a.
Above $30M: 8% p.a.



1. Valid Driver's Licence or another form of valid Identification, Recent Proof of Address & TIN
2. Evidence of Income

3. Estimate for Construction
4. Approved Building Plan (If Applicable)
5. Certificate of Valuation / Copy of Title / Transport / Agreement of sale / Letter of Intent / Contractor’s Agreement.
6. Photo of property (with lot number affixed)
. Evidence of Contribution


Loan Application Form

Statement of Affairs Form