What documents should I present when APPLYING FOR A MORTGAGE?

• The Agreement of Sale or a Letter of Intent from the vendor.
• A copy of the Title Document – Transport, Lease, Certificate of Title.
• A valuation report (to be obtained from one of Republic Bank's approved valuators)
• All Bank and other financial institutions’ statements showing deposit and loan balances and installments where applicable, Hire Purchase Agreement(s) should also be submitted.
• Copies of up-to-date rates and taxes and GWI receipts, lease receipts where applicable.
• Copy of building estimate.
• A job letter from your employer stating salary, allowances and length of service with a recent pay slip. A certified Statement of Income for self-employed persons.
• One form of valid identification (Guyana National Identification Card or a Passport).
• Letter of Assurance from the Central Housing and Planning Authority.

What documents does the Bank require for the CONSTRUCTION, RENOVATION OR EXTENSION
of a property?

The documents required for home construction are the same as for purchasing a home, in addition to the following:

• An approved building plan from the M&CC or other relevant authority.
• A detailed, signed estimate with a summary.
• A projected valuation report.

Approved Valuators:

Government Valuation Office - 237 Camp Street South Cummingsburg

Rodrigues Architects Limited - 126 A Robin’s Place Bel Air Park

Patterson Associates - Lot 1 Thorne's Drive, Durban Backlands

Visit your nearest Republic Bank Branch TODAY!