HOME PURCHASE MORTGAGE (HPM)
This type of loan will be offered to individuals and corporate bodies who have identified completed houses they wish to purchase. A minimum deposit of 20% of the amount is requested of all applicants. The maximum loan amount is $120,000 equivalent in SLL.
 
HOME COMPLETION MORTGAGE (HCM)
This product assists applicants to complete construction of their houses. The amount required from CMB to complete the house must fall within the maximum loan limit of $120,000.00. The property must have reached at least lintel level and the maximum term for this facility is 15years.
 
HOME IMPROVEMENT MORTGAGE (HIM)
The CMB Home Improvement Mortgage is designed to assist applicants to undertake renovation and extension works on their existing houses. The target group for this product is existing homeowners and companies with properties. The applicant is to provide clear and undisputed title to the property, which must be duly registered.
 
HOME EQUITY MORTGAGE (HEM)
This facility is designed to enable applicants who own homes or may have already invested in residential properties to release the equity in those properties to improve their liquidity position. The target groups for this product are existing homeowners and companies with properties. Loans shall not exceed a maximum of 50% of the Forced Sale Value (FSV) of the property. The maximum loan amount is $120,000 equivalent in SLL.