The Federal Government Housing Loan Board Home Completion Mortgage assists applicants to complete construction of their houses. The amount required from the board to complete the house must fall within the maximum loan.
Applicants are required to submit duly registered, clear and undisputed title to the property. A development permit, building permit and approved building plans are also necessary requirements.
The loan is disbursed in stages. The board will inspect the property after each stage of disbursement to ensure that the funds are utilized as agreed.
