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ChapaBau Housing

NORTH SOUND RESIDENTIAL
COMMUNITY
CHAPA has created this community to provide
affordable housing for the civil servants of
Antigua & Barbuda.
BASIC REQUIREMENTS TO BE ELIGIBLE ARE AS FOLLOWS:
• Applicants must be Antiguan citizens.
• Applicants must be or have been employed in
the government service for a minimum of five
(5) years.
• Applicants must be first time homeowners.
• All applicants must be pre-approved by
CHAPA.
NORTH SOUND RESIDENTIAL
HOUSE MODELS
CUYAGUA
The Cuyagua model is 835 square feet, single floor,
single family house, consisting of two bedrooms and two
bathrooms, living & dining room, kitchen, patio and laundry
area.
Selling price is $206,185.70 Eastern Caribbean Curreny.
CHORONI
The Choroni model is 980 square feet single floor, single
family house, consisting of three bedrooms and two
bathrooms, living & dining room, kitchen, patio and laundry
area.
Selling price is $244,025.46 Eastern Caribbean Curreny.
AROA
The AROA model is designed as a two family dwelling
(Duplex) each at 1220 square feet, consisting of three
bedrooms and three bathrooms two floors. The ground floor
consisting of one bedroom, one bathroom, living & dinning
room, patio and laundry area. The upper floor consist of
two bedrooms, two bathrooms, sitting area and balcony.
Selling price is $257,271.15 Eastern Caribbean CurrenNORTH SOUND RESIDENTIAL COMMUNITY

ECAB Chapabau Panel Mortgage Loans

Purchasing a home is one of the single largest investments you will make within your lifetime. At the Eastern Caribbean Amalgamated Bank, our Credit Staff will help you select a mortgage plan that meets your needs.

FEATURES  

  • 100% Financing*  
  • 6.99% per annum charged on a reducing balance basis
  • Maximum term up to 30 years
  • Turnkey

  BENEFITS

  • Speedy approvals.
  • No penalty for accelerated repayments (repayment greater than specified regular payment amount) or early loan pay-off providing the Bank is given 3 months notice.  
  • Monthly deductions include 1/12 of annual life and property insurance premiums paid to insurance providers on your behalf.
  • Dedicated and knowledgeable Credit staff to counsel you and assist with questions or queries.

 REQUIREMENTS

  • Valid Antigua & Barbuda passport/ Proof of Antigua & Barbuda citizenship
  • Job letter confirming salary and terms of employment
  • Bank reference
  • Valuation from a bank approved valuator
  • Demand Charge over property for the full loan amount.
  • Assigned property insurance coverage for the full replacement cost of the building
  • Assigned life insurance coverage for the full amount of the loan  

 CHARGES

  • Reduced Legal and Negotiation fees. 

 Please visit www.bauantigua.com for more information or contact us today at info@ecabank.com

*Offer valid for ChapaBau Housing only.  Terms and Conditions Apply