Tuesday, May 12, 2026
Ann ret konekte ak Peyi w


Republic Bank introduces new ‘mortgage move’ initiative 

By guasw2 , in Uncategorized , at May 12, 2026

See below full release from Republic Bank: 

Following its massive mortgage announcement in February 2026 of 5% for loans up to 60 million in February 2026 Republic Bank (Guyana) Limited is again proud to announce the Republic Mortgage Move. This is another strategic update to its residential mortgage offerings to ensure access to finance and affordable low and middle income housing for all Guyanese.

The new Republic Mortgage Move enables customers at other banks who have existing residential mortgages between GYD$20 million to GYD$40 million to move their mortgages to Republic Bank to benefit from better rate of 4.70% and access additional financing for home improvements, expansion or other needs.  

In addition, Republic Bank has no lending ceiling for residential mortgages which means that there is no limit to the amount Guyanese can borrow, giving them greater flexibility to borrow on their individual needs and qualifications.

Republic’s highly competitive offerings for Republic Mortgage Move seek to meet the evolving needs of Guyanese across all segments at the low, middle and high income segments:

  • 3.50% for amounts up to GYD$9 million
  • 4.25% for amounts over GYD$9 million and up to GYD$20 million
  • 4.70% for amounts over GYD$20 million and up to GYD$40 million
  • 5% for amounts over GYD$40 million and up to GYD$60 million

Additional benefits include:

  • Up to 100% financing
  • Zero negotiation and attorney fees. 
  • Extended repayment terms tailored to your needs
  • Monthly amortized payments
  • Online application and document submission.

Republic Bank remains committed to providing strategic, affordable and customer-focused solutions that help more Guyanese invest in their homes with greater ease and flexibility.

The post Republic Bank introduces new ‘mortgage move’ initiative  appeared first on News Room Guyana.

Comments


Leave a Reply


Your email address will not be published. Required fields are marked *