With the NBC Equity Release you can borrow up to 85% of the value of your property. This means that you, as a homeowner, can access much needed cash to carry out home improvements, pay off expensive debt or anything else you plan to achieve.
How to apply for an NBC Equity Release?
NBC Equity Release gives you:
- The option t top up your existing mortgage or refinance your property
- Borrow up to 85% of the Loan-to-Value (LTV) of your property (excluding mortgage amount)
- A title deed in your name
- Access to the capital tied up in your property
- Released equity that can be used for renovating or completing your home or any other personal financial need
- NBC Equity Release is offered to Tanzanian citizens only
- NBC Equity Release is offered to monthly salary earners
- Gives you up to TZS500 million loan amount