Home Loans
Residential Mortgage & Renovation Loans
DBAS Residential Mortgage & Renovation Loan Programs help individuals finance the purchase of a new home or renovations to an existing property. These programs offer competitive interest rates and flexible repayment terms. Application fee: $100 for all loan types.
| Loan Type | Max Loan Amount | Interest Rate | Loan Term | Eligible Projects |
|---|---|---|---|---|
| New Home Construction | $200,000 | 7% Fixed | 30 Years | 1–3 Bedroom Homes |
| Home Improvement – Secured | $50,000 | 7% Fixed | 15 Years | Repair, Renovate, or Extend Existing Homes |
| Home Improvement – Unsecured | $15,000 | 7% Fixed | 4 Years | Repair, Renovate, or Extend Existing Homes |
Also Available: MALP
The Maota Affordable Loan Project (MALP) offers home loans from $55,000–$80,000 at just 1%–2% interest for low to moderate income families.
Learn About MALP →How to Apply
Applications are available at the DBAS office. Contact DBAS to schedule an appointment and learn about program availability and eligibility.
Phone: (684) 633-4031
Schedule Appointment →