Interested in a Mortgage?
- Get a pre-approval
- Complete an application
- Call us on 299-5959, option 6
Need more information?
Insurance
- Your property must be adequately insured and the insurance policy must be endorsed to the Bank.
- Bank of Bermuda can help you protect your investment and obtain home insurance through an exclusive arrangement with BF&M.
- Your Mortgage Officer can discuss the features of the insurance policy with you and can provide you with a quote so you can make a decision prior to your closing meeting.
Legal
- Your lawyer will inform your Mortgage Officer and you of the closing date and legal costs.
- Your lawyer will meet with you to sign off on the conveyance and mortgage documents.
- On the closing date, Bank of Bermuda will disburse the mortgage funds to your law firm and the keys to the property will be handed to you.
Other things to consider
- Pay down your debt. Do not make large credit card purchases, or take out other loans.
- Prioritise the features you want in your future home.
- Use a professional realtor who will work with you in the buying process and provide you with expert advice.
- Set aside money for the one-time big-ticket purchases that come with ownership.
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