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We are pleased to inform you that Republic Bank has been selected by the Government of Ghana to offer Special Mortgage Loans to Civil Servants and Public Sector Employees in Ghana effective July 1, 2019. This Mortgage Scheme is funded jointly by Republic Bank and the National Housing and Mortgage Fund.

Republic Bank Affordable Loan Offer:

  • Mortgage Loan up to GHS 140,000
  • 100% Mortgage Financing
  • Competitive Interest Rate at 11.9% per annum.
  • Maximum Loan Tenor of 20 years.
  • Debt Service Ratio of up to 50%.

Type of Mortgage Product offered 

Home Purchase Mortgage

Affordable Homes Availability 

The Scheme works in partnership with Real Estate Developers to provide affordable housing units to meet the mortgage loan offer. The following are the Real Estate Developers  providing affordable houses for the first phase of the Scheme;

 Estate DevelopersLocationHouse Types
Adom EstateCommunity 25, Dawhenya

1 bedroom Semi-detached GHS 125,000


Blue Rose Construction LimitedKasoa

1 Bedroom Semi-Detached Expandable – GHS100,000.00

2 Bedroom Terrace – GHS125,000.00

2 Bedroom Semi-Detached – GHS140,000.00

Emerald PropertiesPrampram

1 bedroom Non – Expandable Terrace

GHS 140,000

Osamanpa EstatesKasoa2 bedroom Semi-detached GHS 80,000
Yaba Properties LimitedKasoa

1 bedroom Semi-detached GHS 100,000

promotional prices for first 100 houses GHS 80,000

2 bedroom Semi-detached GHS 140,000

promotional prices for first 100 houses GHS 120,000

2 bedroom detached GHS 160,000 promotional prices for first 100 houses GHS 140,000


Joint Salary Application

Spouses or Siblings both working within the Public Sector are eligible for joint application under the scheme. Joint salary application may access a mortgage of up to GH140,000.00.

Financing Options

The following financing options are available:

Option 1 – 100% Mortgage Financing by Republic Bank

Option 2 – Part Cash Payment by Applicant, Part Mortgage Financing by Bank.