Republic Bank Guyana has announced the introduction of a new Mortgage facility which targets persons who already have mortgages at other banks, encouraging them to move that mortgage to Republic Bank.

The new Republic Mortgage Move enables customers at other banks who have existing residential mortgages between GYD$20 million to GYD$40 million to move their mortgages to Republic Bank at a rate of 4.70% with access to additional financing for home improvements, expansion and other needs. 

In a statement, Republic Bank said following its mortgage announcement in February 2026 of 5% for loans up to 60 million, the newest installment to its mortgage loans is another strategic update to its residential mortgage offerings to ensure access to finance and affordable low- and middle-income housing for all Guyanese.

In addition, Republic Bank said it has no lending ceiling for residential mortgages which means that there is no limit to the amount Guyanese can borrow, which give greater flexibility to borrow on their individual needs and qualifications.

“Republic’s highly competitive offerings for Republic Mortgage Move seek to meet the evolving needs of Guyanese across all segments at the low-, middle- and high-income segments,” the Bank explained.

In its revised offerings, the Bank is offering 3.50% for amounts up to GYD$9 million, 4.25% for amounts over GYD$9 million and up to GYD$20 million, 4.70% for amounts over GYD$20 million and up to GYD$40 million and 5% for amounts over GYD$40 million and up to GYD$60 million.

Additionally, the Bank said it has up to 100% financing, zero negotiation and attorney fees as well as extended repayment terms tailored to your needs and monthly amortized payments

The Bank said remains committed to providing strategic, affordable and customer-focused solutions that help more Guyanese invest in their homes with greater ease and flexibility.

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