Our Mortgage Loan is granted specifically for the purpose of acquiring or improving real estate for residential purposes. We make it easy for you to own a home by offering you very attractive and competitive loan rates. A deposit of 5% share equity with interest rates as low as 7.5% and you can be on your way to achieving your dream of home ownership. Rates are variable and conditions apply.
- One Passport Size Photograph.
- Valid Identification ( Driver’s License, Passport, Barbados Identification Card)
- Last three (3) Salary Slips.1
- Job letter stating salary, position, and commencement date of employment.
- Up-to-date utility bill for current address.
- Letter from co-operative society or financial institution showing the status of existing mortgage for mortgage transfers.
- Sales Agreement.
- Deposit Receipt.
- Valuation Report with photograph of property.
- Fire & Peril Insurance.