Butterfield Bank (Cayman) Limited is offering a Gold mortgage as part of the Butterfield Lifestyle Mortgages range of products.
The Gold mortgage is suitable for customers who enjoy a high disposable income and are looking to make their available cash work harder, states a press release. Benefits include a variable interest rate of prime +0.5 per cent, a pre-approved Butterfield VISA Gold credit card and preferential insurance terms with Island Heritage.
Maureen Watler, head of Personal Lending at Butterfield Bank, said, “If you are in the market to purchase a substantially larger home, the Butterfield Gold Mortgage is for you. With a 10 per cent down payment, a repayment term of up to 25 years, a low interest rate and low bank fee this will enable qualifying new and existing customers to purchase the home of their dreams.”
As with all Butterfield Lifestyle Mortgages, payment options are available and loans can also be arranged on a fixed rate basis. All loans are subject to credit approval. For more information about Butterfield Bank’s Lifestyle Mortgage products, email [email protected] or call 949-7055.