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Republic Bank's Group Life Insurance will provide relief to your family by repaying your outstanding mortgage, retail or credit card balance in the event of death or disablement.
Republic Bank Residential Mortgage Bundled Packages include Mortgage, Personal Loan, HOMEasy Loan, and Credit Cards with attractive low rates and extended terms
Financing Options
Specially Discounted Rates for a limited time only
Debt Servicing Ratio
Maximum 45%
Term of Mortgage
Maximum 40 years
Age Limit
Up to age 70 or retirement age whichever is greater. Self-employed to age 75. Ask about our Republic Life Insurance (RLIC) product which can be used to extend the term of the loan past retirement age in absence of pension.
Handling Fees
1% of Mortgage amount.
Security
1st Legal Mortgage over property. Assigned Home & Life Insurance Coverages. Ask about our RLIC products available for Life coverage.
Cashback
3% or maximum $50,000 whichever is lower
Additional Funding
Personal or HOMEasy loans to assist with purchase of furniture and appliances. Term - Maximum term of 7yrs. DSR of 48% for HOMEasy loans.
Credit Cards
Our suite of Credit Cards is included in this package.
New Customers – XX TT Limit and max US$2000 limit
Existing Customers – Additional Card XX TT Limit – US$1,000 max limit
Approvals
Turnaround within 36 hours from receipt of all relevant documents
Why Choose Us?
Wide network of branches
Quick & simple mortgage processing
Turnaround time of four weeks (all things being equal)
Designated staff available
"THE TERMS AND CONDITIONS MENTIONED ABOVE ARE SUBJECT TO NORMAL LENDING CRITERIA AND MAY CHANGE WITHOUT NOTICE"
Developments
Location
Development
Price Range
East
Kiskadee Estates, Arima
Starting at $1.264M
Bella Vista Development, Arima
$750K - $1M
Saints Gardens, Malabar Arima
$2.0M
Balthazar Condos, Tunapuna
$750K - $1.295M
Cherry Gardens, Arima
$1.65M - $1.85M
Stanford Place, St. Augustine
$1.295M
Stratford South, El Socorro
$1.295M
North
Novaura Park, Santa Cruz
$2.350M - $2.550M
Cattleya Apartments, Petit Valley
$1.325M
North Hills – Phase II, Santa Cruz
Starting at $1.264M
South
Imperial Residences, San Fernando
$3.50M
Windy Ridge Residences, San Fernando
Starting at $3.37M
Central
Sara Gardens, Longdenville
$1.725M
The Reserve, Freeport
$3.30M - $3.4M
The Terraces, Longdenville
$1.325M
"UNIT PRICES ARE SOLELY DETERMINED BY THE CLIENT AND MAY BE DIFFERENT FROM THE ABOVE"