Mortgage Loan
One step closer to ownership
Our Mortgage Loan is available to all Infiniti members, offering a reliable way to purchase real estate for both personal and commercial use, with the property serving as collateral. Whether you’re aiming to secure a family home or invest in commercial property, this loan provides the financial stability and support to help you reach your goals.
Maximum Loan Amount
As per the Selling Price of the property
Maximum Loan Terms
30 Years
Conditions
- The loan maturity shall not extend beyond the member’s 65th birthday. Special conditions may be given if the member owns and operates their own business.
- Full peril insurance coverage for the first year and to be maintained annually for the life of the loan.
- For joint ownership the co-owner must sign a guarantor form and all relevant agreements.
Minimum Requirements
- Signed Sales Agreement
- Current Statement of Account (from Vendor’s Attorney)
- Receipt for the deposit paid on the property
- Copy of the duplicate Certificate of Title
- Surveyor’s Identification Report, not older than one (1) year old
- Valuation Report, no more than two years old, from an Infiniti-approved appraiser
- Proof of paid property taxes, water rates, and/or maintenance charges for Strata Corporations.
- Peril insurance for loans on habitable dwellings, with the first year’s premium paid in full.
- Any other documents deemed necessary by the Credit Department.
Other Products
More Account options for you
Family Critical Illness Plan
Family Indemnity Plan-Critical Illness Rider
Family Indemnity Plan
