Property Acquisition Loan (PAL)

OMB in-house mortgage loan is designed to enable our customers access facility for the purpose of  financing the renovation or remodelling of a property or for development of existing building projects or lands acquired It is a product designed to assist non contributors of NHF to own houses without stress. It has the same characteristics as NHF mortgage loan except for the pricing.

Charateristics

  • Interest rate of 18% on Property Acquisition Loan (PAL)
  • Repayment period of up to 2 years, subject to terms and conditions
  • Target Audience are Confirmed Government Employees
  • Flexibility to tap on the Property Acquisition Loan offered through our Financing Scheme

NEED A MORTGAGE?
Click here to fill a loan request form.
DOWNLOADS
Click here to download our account opening forms.