Personal Property Investment Loan FAQ

- How much cash do I contribute as equity when I want to borrow to purchase a residential investment property?
  
  Answer
  
  You will be required to contribute 30% of the purchase price of the proposed property as your equity contribution.
- Can I walk into any BSP branch and lodge my application for a Home Loan?
  
  Answer
  
  Yes you can, walk into any of our Branches and ask to speak to the Personal Lending Officer.
- Can I borrow from the bank and build my house on traditional land?
  
  Answer
  
  No, you can only borrow from the Bank if are building your home on State Lease Land.