Seso Global, one of Africa’s leading digital property marketplace, has partnered with First National Bank Ghana to launch the continent’s first e-mortgage platform for both Ghanaian and foreign real estate buyers. This new platform will allow individuals to digitally search, submit and manage their mortgages.
The e-mortgage platform will be available for both Ghanaians and non-citizens, whether resident or non-resident. It will allow individuals to submit their mortgages and get feedback digitally which will simplify and ease the property purchasing process, significantly reducing transaction delays.
“As a leading provider of home financing solutions in Ghana, First National Bank understands the difficulties non-resident Ghanaians grapple with when it comes to homeownership. Many of them have had their trust betrayed by relatives and friends” says Mr. Dominic Adu, Chief Executive Officer for First National Bank.
“The partnership between two credible brands like Seso Global and First National Bank to launch this e-mortgage platform means instances where individuals abroad are defrauded by friends and family back home will significantly reduce. Access to home loans in Ghana will be easier, faster and hassle-free”, he added.
The suite of mortgage products (denominated in both GHS and USD), are competitively priced and applicants are eligible to qualify for additional discounts of up to 1.5%.