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Riversallee Credit Union

House / Mortgage loan

 

In order to obtain one is required to have at least 10% of the requested amount in his/ her regular share account. Life insurance is required for any amount in excess of XCD 54,000. The following fees are necessary for the processing of the loan:

Mortgage fee 1% of the loan amount

Conveyance fee 1% of the loan amount

Re-Conveyance fee a fixed amount of $ 750 upon the full repayment of the loan