Banking | Mortgage | Real Estate

Refuge Equity Release Facility

Enjoy Up to 70% Property Value as Money Upfront. Spread Your Payment in Five Years.

Our Equity Release Product offers individuals access to funds for their planned business expansion, working capital, and capital projects, using their property as collateral.

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Product Basic Features

The following are the product basic features of Equity Release Facility:

The property has registered titles such as Deed of Assignment, Deed of Sublease, Certificate of Occupancy etc

Duly verified underlying business transaction

Attractive interest rate

Flexible repayment options

Tenor up to 5 years

Up to 70% property value

Pre-Approval Requirements

The following are the Pre-Approval requirement of Equity Release Facility:

Receipt of loan application letter.

Receipt of executed loan offer

Positive legal search on the property

Receipt of valuation report on the property.

Receipt of original title documents

Receipt of approved building plan

Receipt of executed Deed of Legal Mortgage

Receipt of executed Credit Agreement and the Right Of Set Off

Receipt of executed Payment Guarantee Form

Positive CRMS check

Customer’s commitment to monthly credit turnover

Post-Approval Requirements

The following are the Post-Approval requirement of Equity Release Facility:

Comprehensive insurance on the property with Refuge noted as first loss payee

Keyman risk insurance of obligor

Receipt of daily, monthly, e.t.c, business proceeds into the account

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Refuge Mortgage Bank

Achieve More With Us

Increase Your Strategic Investments

Get loans up to 70% of the value of your property, freeing up money for working capital requirements, strategic initiatives, and expansion desires. Fuel your goals with Refuge Mortgage Bank.

Flexible Financing

Secure the financing you need without the constraints of traditional business loans. Use your property’s equity to obtain a lump sum of cash or ongoing funds tailored to your specific needs.

Enjoy Transparent Terms and Responsive Lending

As a well-established financial company with a track record of providing equity release solutions, Refuge Mortgage Bank offers transparent loan terms and conditions, and we respond swiftly when you need help.

More Beneficial Products

House Renovation and Improvement Account

This product helps finance renovations and upgrades on residential and business premises. It can equally be accessed to enhance the interior of individual residences. This includes the acquisition of household items.

Mortgage Construction Finance

The Refuge Mortgage Construction Finance product provides funds to developers and individuals for existing projects, new ventures, and real estate profit-making enterprises.

Rent Finance

Break free from hefty rent deposits. With our help, you can secure your dream rental instantly – no upfront costs, zero equity contribution, and just your salary as collateral. This product entails giving out rent loans to individual customers or a group, e.g. staff members, payable within one year with attractive interest rates.

Get in Touch With Us

Invest in your goals with confidence. Contact us today to discuss your financing options.

Choose Refuge Mortgage Bank. Choose advancement.

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