Before making the firm commitment to purchase a home, it is important to determine how much home one can afford. We encourage the prospective buyer to call us directly to go through this calculation with one of our loan agents or go to our website and use our simple mortgage calculator to get a basic idea for a start.

The process to purchase a home in Ghana is very simple:

1. Fill out an Application: Go to our home page and click on “downloads/forms”. Download the loan application form and fill it out completely.
2. Purchase and Sale Agreement: Our job as real estate agents is to help you find the right property to purchase. If we find that property after all the negotiations with the seller or developer on your behalf, we will be intimately involved in the preparation of the final Purchase and Sale agreement for your signature.
3. Title Documents: It is important that the seller or developer provide a certified copy of a Surveyor’s Site Plan and an Unencumbered Title Deed from the Lands Department with official government stamps showing proof of ownership.
4. An official Proof of Identification: Either a Passport or a Driver’s License is acceptable.
5. Proof of Income: Your last 3 months paystubs, your last 3 months bank statements and your last 3 years tax returns. A Verification of Income form must be filled out by your employer; this will be independently verified by us. Self-employed persons must provide a certified year-to-date Profit and Loss (Income and Expense) Statement.
6. Proof of Employment: Fill out our employer references form to show proof that you are currently employed. Self-employed persons must provide the name and phone number of the CPA or accountant.
7. Proof of Address: Most recent utility bills, rental agreement or property tax bill.
8. Credit Report Authorization: Borrower must sign an authorization to enable the lender run a credit report on borrower.
9. Statement of Existing Mortgage Loans: We encourage full disclosure. If you currently have a mortgage on your existing property, this must be disclosed fully.
10. Statement of Existing Life Insurance Policy: Full disclosure required.
11.  Processing Fee: $200.00
12.  Facility Fee or Loan Origination Fee: 1% of the loan amount.
13.  Down-payment: 15% of purchase price. Your bank statements must show a total of this down-payment, the facility fee, the processing fee, plus a minimum of 3 months mortgage payments.
14.  Power of Attorney: Foreign residents who will not be physically present in Ghana for the purchase or loan transaction process are advised to execute a Power of Attorney authorizing someone over the age of 18, resident in Ghana, to act on their behalf. This person does not have to be a lawyer
15. Down-payment: Minimum 15% of purchase price. Your bank statements must show a total of this down-payment, the facility fee, the processing fee, plus a minimum of 3 months mortgage payments.
16. An Appraisal or Valuation of Property Report: This will be conducted after the lender determines that you are qualified for a loan and that your loan application will be approved.