Overview
In recognition of the high cost of home ownership in Bermuda, Bank of Bermuda has designed a mortgage product that will help get you into your dream home a lot sooner than you think.
Flexi Mortgage offers you the financing flexibility you need, for properties costing more than BMD $1,000,000. With a Bank of Bermuda Flexi-Mortgage, you have the option to make interest-only payments for the first 5 or 10 years and the opportunity to receive up to 75% financing.
Start packing!
Next steps:
Need more information?
- Calculate your mortgage payments
- Email the Personal Lending Centre
- Drop by our new Personal Lending Centre at 26 Reid Street in Hamilton
- Call 299-5959, option 5
| 5 year interest only payments | Up to $2,000,000 | Current base rate + 3.00% | 75% | Current base rate + 2.50% |
| 10 year interest only payments | Up to $2,000,000 | Current base rate + 3.00% | 65% | Current base rate + 2.50% |
What you should know before you apply...
- You will need to establish a Bank of Bermuda Personal Chequing or Statement Savings account - view our Personal Banking fee schedule
- Initial fee of 1% of the amount borrowed
