SMO extends lending to Cape Verde islands

Overseas mortgage finance house Smart Money Overseas (SMO) is extending its lending facility to the emerging Cape Verde islands. SMO is offering mortgages on property on Sal and Santiago, expanding its existing operational portfolio of countries that includes Canada, USA, The Caribbean, Switzerland, and Portugal. The finance house offers interest-only or repayment mortgages of up to 80% loan to value in euros, at 5.35% variable rate for up to 30 years.