Finance

Banif Home Loans

Believe it or not, affordable home loan solutions do exist!

The Banif Home Loans have been designed to service a variety of customer needs. Whether you are taking that important step to purchase your first home, looking to move into a new home, or are interested in purchasing a second property, Banif can help you achieve your goals.

Building or acquiring your dream home can be a considerable investment, that is why Banif has designed each home loan package with unique benefits and competitive interest rates – so you can make the most out of your money.

Packages

Banif offers tailor made home loans for the purchase, construction, completion, reconstruction, alteration or improvement of a property for personal use.

The Banif First Time Buyers Home Loan is ideal for those seeking to buy their first home and designed to help make that initial investment a sound one.

The Banif Classic Home Loan is a package that is suitable for almost everyone, particularly those interested in buying another home, or looking to invest in a second property.

The Banif Bridge Loan is a loan designed to help home owners buy their new dwelling pending the sale of an existing residence. Banif offers both open-ended and close-ended bridge loans.

The Banif Buy-To-Let Loan is intended for customers wanting to buy a property with the intention of letting.

The Banif Equity Release Loan can be granted for any personal requirement such as purchase of a car, yacht, furniture or home refurbishment. The value of the ‘equity’ is determined by establishing the forced sale value of the property, less existing bank loans/ mortgages (if any) secured by the said property. The maximum term of the Banif Equity Release Loan goes up to 35 years.

The Banif Non-Residents Home Loan is a loan designed to help non-residents acquire a property in Malta. The Banif Non-Residents Home Loan is ideal for those wishing to settle or retire locally and those wishing to buy a second home to spend the holidays in Malta. Banif can also provide added value to foreigners seeking to buy property in Malta through our international network. 

Benefits

All of Banif’s Home Loan packages benefit from the following features:

Advantageous Interest Rates - The rates are calculated according to the value of the loan and this is to the client’s benefit.

Easy repayment terms - Banif home loans may be repaid over a longer term and this can result in lower repayment amounts, or alternatively, being able to purchase a property of a higher value than you might normally afford.

Monthly insurance payments - Banif gives its customers the opportunity to spread life and home insurance payments over a 12 month period, thus giving more flexibility as opposed to an initial yearly payment.

Transparent and Competitive fees - All our processing and legal fees are reasonably priced and completely transparent to help make your banking experience an easy and affordable one.

TAKE THE FIRST STEP TOWARDS YOUR NEW HOME TODAY − CALL ON 2260 1000 AND SEE HOW BANIF CAN OPEN A WINDOW OF OPPORTUNITY