Description
The Hofokam Housing loan is a credit facility designed for individuals, institutions and communities that wish to purchase land, construct residential houses, commercial buildings or community facilities and renovate or refurbish their buildings and homes.
Benefits
- Affordable interest rates
- Long repayment terms
- Support for purchasing, building, or renovating a home
Requirements
- Must be 18 years and above
- Collateral security (e.g., chattels, land agreements, land titles, motor vehicle log book)
- Proof of income and ability to repay the loan
- Two guarantors with two passport size photos each