Insurance in Guyana
Mortgages and home loans in Guyana
Mortgage loans to buy, build, refinance or repair a home, repaid by salary deduction, and mortgage protection insurance that clears the loan if you die.
Plans
Mortgages and home loans: plans sold in Guyana
One plan in this group. Each page explains who it suits, what it pays and what you need to apply.
In plain language
How mortgages and home loans work
Demerara Mutual lends to buy, build, refinance or repair a home, with repayments by salary deduction. Mortgage Protection insurance clears the outstanding loan if you die before it is repaid.
Current rates, terms and the deposit needed are available from the Mortgage department at Head Office in Georgetown.
Maintained by the Mortgage DepartmentUpdated
How to get covered
- 01EnquireTell us about the property and your income. We confirm whether the loan is possible and what you would need to provide.
- 02Valuation and legal checksThe property is valued and the title checked before an offer is made.
- 03Offer and mortgage protectionYou receive the loan offer and take out mortgage protection cover for the term of the loan.
- 04Repay by salary deductionRepayments are taken from your salary each month for the term of the loan.
Forms
Forms for mortgages and home loans
Print, complete and bring to your office, or ask your agent to complete it with you.
All forms and documentsQuestions
Mortgages and home loans: common questions
How do I pay my premiums?
You can pay at the counter of an office that takes payments, by bank transfer, or by salary deduction where your employer offers it. The Pay a premium page lists the options in your territory, including MMG and SurePay where they are available.
What is mortgage protection insurance?
A term life policy whose cover falls each year in line with the loan balance. If the borrower dies during the term, the payout clears what is still owed. Terms run from 10 to 25 years in Guyana, with a 30-year term also sold in the Eastern Caribbean, to match the mortgage.
Visit
Where to apply in Guyana
Head office
Head Office, Georgetown
61 & 62 Avenue of the Republic & Robb StreetGeorgetown+592 225 8991-3Agency
Clarke's Agency
61 & 62 Avenue of the Republic & Robb StreetGeorgetown+592 225 3844 ext 314Agency
Blair's Agency
63 Avenue of the Republic & Robb StreetGeorgetown+592 225 8991-3 ext 312
Talk to an agent
Not sure which plan fits? Ask an agent in Guyana.
Tell us what you want to cover or save for. An agent from your local office will call you back to explain the options and the cost.
Request a callback