A temporary loan that offers financial cover to finance a gap between your new purchase and the sale of your existing asset.
This enables you to make your purchase and repay the loan from the predetermined source such as:
- Proceeds of a maturing investment,
- Refinance by approved outside borrowing with a known availability date, or
- Proceeds from the sale of an asset with a firm sale contract and predetermined settlement.
No need to get money tensions; talk to your Home Loans Center Manager
How to apply
You can apply by contacting Personal Lending Officer or a Branch Manager at your nearest local
BSP Branch.
What do I need to bring with me?
- Complete an application form and sign off;
- Letter of confirmation of employment and remuneration from your employer;
- Superfund ID and copy of latest statement;
- Copy of your Driver’s license;
- Salary Deduction Authority;
- Quotation or invoices for the purpose of the loan;
- Confirmation of ownership of major assets advised eg, copy of state lease, copy of vehicle registration, must be provided with your application;
For more information:
Visit any of our
BSP branches nationwide or
Call BSP Call Centre on
180 1212 or email
servicebsp@bsp.com.pg.
International Customers can call (675)
305 7842
