Residential Mortgages

Home Loan Promotion.

Start Your Journey With Demerara Bank Home Loan Promotion!

We're thrilled to announce our latest endeavor to make homeownership dreams a reality with the launch of the "Start Your Journey With Demerara Bank" Home Loan Promotion!

What Sets Our Home Loan Promotion Apart?

Diverse Categories of Home Loans:

We cater for a broad range of customer segments, guaranteeing that everyone can discover a customized solution that aligns with their distinctive homeownership requirements. Whether you are obtaining a loan for:

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

Promotional Period:

January 27, 2024, and will run until the closing day of the International Building Expo 2024.

Exclusive Promotional Offer:

As part of our commitment to our customers, we're excited to introduce an exclusive opportunity for potential homebuyers. Here are the enticing prizes up for grabs:

  • Grand Prize: Demerara Bank will cover the first six months' installment for our luckiest winner.
  • Home Furnishing: Four individuals stand a chance to win home furnishing prizes.
  • Visa Credit Card: Five individuals stand a chance to have their first 100,000 used on their credit card paid by DBL.

Exclusive Terms for Promotion Participants

  • Competitive Interest Rates: 3.5% up to $4M | 3.75% up to $9M | 5.7% up to $20M | 6.9% up to $30M and as low as 8% above $30M.
  • No anticipatory interest on principal payments.
  • Competitive equity contribution.

Incentives at Loan Tent Events:

We're organizing Loan Tent events nationwide where you can visit with the required documents and our team will guide you through the process to ensure a quick and hassle free approval. Exclusively during these Loan Tent events, we're offering:

  • Waiver of Processing Fees.
  • Free Debit Card for all approved applicants.
  • Discount on Insurance Premium.
  • Discount on Building Material. 

Don't miss out on this golden opportunity to embark on your homeownership journey with Demerara Bank!


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