Max. Rate: 12% p.a.
incl Cedi Mortgages
Repayment Period
Up to 30 years
No Upfront Fees
T&Cs Apply

Regulation & Compliance

All our current mortgages are either structured as Seller-Financed Mortgages (SFM) or Commercial Mortgages, which do not require regulation by the Bank of Ghana (BoG). DCANS Mortgage (DM) is committed to maintaining full compliance with lending laws, and the company takes proactive steps on that. Some aspects of our direct non-deposit taking lending business may require some regulation (even as there are no rate-capping laws in Ghana). DCANS Mortgage will satisfy all regulated areas of our business as and when they are added.

DCANS Mortgage, obviously does not accept deposits. DCANS Mortgage is not providing a regulated service to you, so you will not have access to the Bank of Ghana redress if you wish to complain about our service.

DCANS Mortgage is committed to maintaining full compliance with lending laws, and the company takes proactive steps on that. Some aspects of our direct non-deposit taking lending business may require some regulation (even as there are no rate-capping laws in Ghana). DCANS Mortgage will satisfy all regulated areas of our business as and when they are added. DCANS Mortgage is rolling out in phases, and currently at a non-deposit-taking, no upfront fee lending phase that does not require regulation.

DM currently does not accept deposits and will not accept deposits in the near or foreseeable future. DM is not providing a regulated service to you, so you will not have access to the Bank of Ghana redress if you wish to complain about our service.

 

Self Regulation

DCANS Mortgage, a non-deposit-taking, no upfront fee is self-regulated, but follow compliance and KYC rules. +Learn more

 

Investment Advice

DM is not regulated to provide investment advice to clients.

 

Tax and Accounting Advice

DCANS Mortgage is not regulated to provide tax and accounting advice to clients.

 

Tax Compliance

DCANS Mortgage complies with all tax obligations (funding sources and allowable expenses).

 

Legal Advice

DCANS Mortgage is not regulated to provide legal advice to clients.

 

Deposit-taking

DCANS Mortgage does not take deposits. DCANS Mortgage is not licensed to take deposits. DCANS Mortgage has no intentions of taking deposits now or in the near future.

Loan repayments are not deposits.

 

Important

DCANS Mortgage is not providing a regulated service to you, so you will not have access to any Bank of Ghana Redress Service if you wish to complain about our service - that is if there is/was ever any protection for borrowers borrowing from non-deposit taking lender and when there are no usury laws in the books of The Republic of Ghana.

 

Future Regulation

The option of being regulated in the near future is to have access to certain vital national databases integral to our business model, operative model and strategic customer acquisition model, and NOT a step to take or mobilise deposits.

 

Regulatory & Compliance Team Contacts:

Legal & Compliance is provided by the group's centralised in-house team TLA Firm & Ghanaian Partners.

BY VIRTUE OF OUR TARGET USER GROUP (SALARIED WORKERS & REGISTERED BUSINESS OWNERS), YOU ARE EXPECTED TO BE ABLE TO SPEAK, READ, WRITE AND UNDERSTAND BASIC ENGLISH TO FOLLOW SIMPLE SERVICE USE INSTRUCTIONS, OR WHERE APPLICABLE, SEEK INDEPENDENT LEGAL AND/OR FINANCIAL ADVICE FROM A QUALIFIED PROFESSIONAL BEFORE USING OUR SERVICES. PLEASE DON'T APPLY OR CONTACT US IF YOU DON'T QUALIFY. OUR 24/7 ONLINE SUPPORT COMPLIMENTS THE ABUNDANT INFORMATION ALREADY PROVIDED ON THIS PLATFORM, AND NOT TO REPEAT THE READILY AVAILABLE INFORMATION AT THE CLICK OF THE BUTTON.

MORTGAGES ARE SECURED AGAINST YOUR PROPERTY. YOUR HOME (OR COMMERCIAL PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT - REPAYMENT ASSISTANCE PROGRAMME AVAILABLE FOR QUALIFIED CUSTOMERS. ALL APPLICATIONS ARE SUBJECT TO YOUR CREDIT PROFILE AND OUR LENDING CRITERIA - THIS MEANS THAT THE AMOUNT WE WILL LEND YOU WILL DEPEND ON YOUR INDIVIDUAL CIRCUMSTANCES, THE TYPE OF PROPERTY AND THE AMOUNT YOU BORROW.

NO UPFRONT FEES REQUIRED TO USE THIS SERVICE. ALL APPLICATIONS ARE DONE ONLINE – NO PAPER APPLICATIONS, NO USELESS PRE-APPLICATION MEETINGS & NO TALKSHOP. ALL IN-PERSON MEETINGS (IN-OFFICE) ARE STRICTLY BY APPOINTMENT AND ARE ONLY SCHEDULED FOR QUALIFIED APPLICANTS IN OUR DATABASE. IT IS ADVISED THAT PROSPECTIVE BORROWERS READ AND UNDERSTAND ALL PROPERTY LOAN AGREEMENTS THAT COVER THIS SERVICE BEFORE SIGNING.

Using this digital-first platform constitutes acceptance of the terms, conditions and rules that govern our operations, so if you disagree with any of them in part or in whole, please don't use our services. Legal & Compliance provided by TLA Firm & Ghanaian Partners.

We are Non-Deposit Taking No Upfront Fee Direct Home Loan Providers (not brokers). All loanable funds are private patient capital from dedicated sustainable and reliable sources and not sourced funds from retailer depositors and/or investors or from the general public. We're Fully-Compliant: Our home mortgages are structured as Seller-Financed Mortgages (SFM), and where applicable as International Mortgages or Rent-to-Buy Mortgages, which do not require Bank of Ghana (BoG) regulation. Commercial Mortgages are also not regulated by the BoG. Prospective mortgage applicants are not restricted to buy a home from our internal partners: Property Buyer & Flipping Platfom DCANS Properties or Rent to Buy Provider RTB Ghana or Affordable Housing Builder DCANS Developments or any of our in-house home providers - however, restrictions may apply with some of our low-rate mortgages.

© 2024 DCANS Mortgage Ghana, is a division of The DCANS Group (TDG) Limited (England & Wales, CRN: 12645872, VAT #: GB 157 9161 82), but dual-headquartered in Ghana & the UK, which is itself affiliated to the Osei Family Office OSFO and hedgie C57H.

This platform is securely powered by DCANS Hosting and Doctopus (in-house information & data security platform) & Promoted by TDG Media Ventures (which also owns Ghana Business Today and DCANS Print).