Bahamas Mortgage Corporation
The Bahamas Mortgage Corporation offers loans to Bahamians for the construction and purchase of new or existing homes and the purchase of vacant land. The BMC’s mission is to stimulate, encourage, and promote home ownership for Bahamians with low to moderate income by providing superior Mortgage Financing services.
Over the past four years, the corporation has been able to place several new mortgages in its portfolio:
- 201 Government initiated mortgages at a value of $19,659,220.00
- 237 loans (private initiated mortgages) for a value of $30,094,259.
All in all for the period under review, the BMC approved 438 loans for a value of $49,753,479.
Apply for a mortgage at: www.bmcbahamas.com.