|
Mortgage rates...
provided June 2007.
|
Jamaica National BuildingSociety |
Percentage (%) |
| |
|
|
1st time home owner
special rate |
12.99% |
| 2nd time home
owner rate |
12.99% |
|
Qualified saver rate |
12.99% |
|
Non-Saver |
12.99% |
| |
|
First
Caribbean
Building Society |
|
1st time home owner |
13% for up to
$5M |
|
|
15.25% for any additional amt. |
| 1st time home
owner special rate |
|
|
5% of loan amt. saved over
6 months |
12.99% |
|
non-saver |
12.99% |
|
2nd time home owner |
|
|
10% of loan amt. saved for
1 year |
16% |
|
2.5% of loan amt. saved for 3
months |
16.5% |
|
|
|
| |
|
Scotia
Jamaica Building Society |
| Investment rate
for residential |
18% |
|
Instant qualifier 10% of loan
amt. hypothecated for 1 yr |
16.65% |
|
Regular saver rate |
17.5% |
|
Non-saver rate |
17.5% |
To get a mortgage you need
the following:
- Signed sale agreement.
- Surveyors Identification
- Appraisal of Property
Value
- Proof of Age
- Proof of Earning
Costs for:
- Mortgage application
- Attorneys fees
- Registration of Mortgage
|
