Mixed Construction Loan

Your right partner

Investing in a mixed-use property combining both residential and commercial aspects is becoming an increasingly popular choice. Our Mixed Construction Loan is here to lend a helping hand in making your projects come to life.

Purposes

  • Finance the construction project of clients including both a commercial and a residential part

Features

  • Interest rate: The residential part of loan bears interest as from 5.50%*(apr), and the commercial part, as from 7.65%*(apr **) (7.65% APR for SDA, 7.75% APR for BSO) 
  • If the commercial part is more than the residential part, the interest will be 8.5% p.a for the commercial part of the building.
  • Monthly repayment to income: 40% maximum

*conditions apply and interest rate linked to Repo Rate
** Annual Percentage Rate

Enjoy the Benefits

  • Lower interest rate on residential part of loan 
  • Up to 25 years of repayment term whichever is applicable
  • No minimum or maximum loan amount 

What are the various fees that the client will incur?

Fees and Charges

How should the client proceed with the application?

Call us on 405 5555 or visit any of our branches for more information.

Purposes
  • Finance the construction project of clients including both a commercial and a residential part
Features
  • Interest rate: The residential part of loan bears interest as from 5.50%*(apr), and the commercial part, as from 7.65%*(apr **) (7.65% APR for SDA, 7.75% APR for BSO) 
  • If the commercial part is more than the residential part, the interest will be 8.5% p.a for the commercial part of the building.
  • Monthly repayment to income: 40% maximum

*conditions apply and interest rate linked to Repo Rate
** Annual Percentage Rate

Enjoy the Benefits
  • Lower interest rate on residential part of loan 
  • Up to 25 years of repayment term whichever is applicable
  • No minimum or maximum loan amount 
What are the various fees that the client will incur?
How should the client proceed with the application?

Call us on 405 5555 or visit any of our branches for more information.

2020 MHC - Mauritius Housing Company Ltd