At the Liberian Bank for Development and Investment (LBDI), we understand that owning a home is a significant milestone. As Liberia’s only commercial bank currently offering residential mortgages, we provide flexible financing solutions tailored to help you purchase or construct your ideal home. Our Mortgage Loan facility is designed to make homeownership accessible, affordable, and secure.
Competitive Rates
Enjoy attractive interest rates in both USD and LRD currencies, with flexible terms to suit your financial capacity.
Medium-to-Long Term Financing
Extended repayment periods of up to 5 years and beyond, reducing your monthly payment burden and increasing affordability.
Secure & Transparent Process
Our holistic credit appraisal process ensures fair assessment with clear terms and transparent documentation.
Competitive Interest Rates
10% – 14.25%
10% – 14%
Per annum
Note: Interest rates are subject to review based on market trends and Central Bank of Liberia (CBL) monetary policy adjustments. Rates may vary based on loan amount, tenure, collateral quality, and creditworthiness.
Key Loan Requirements
To ensure transparency and facilitate quick approval, we require the following documentation:
Documentation
- Site assessment and property appraisal
- Bill of Quantity (BOQ) or Cost Estimate (CE)
- Construction contract (where applicable)
- At least 3 years financial forecast
- Permits from the Ministry of Public Works (where applicable)
- Board Resolution (where applicable)
Financial & Planning
- Articles of Incorporation
- Valid identification and proof of income
- Principal Officers/Management Team Experience documentation
- Insurance documentation
- Evidence of collateral (Real Property, Leasehold, etc.)
Application Process
Initial Consultation
Document Submission
Credit Appraisal
Approval & Disbursement
Ready to Own Your Dream Home?
Let LBDI help you achieve your homeownership goals with flexible mortgage financing tailored to your needs.