Make Your Dream Home A Reality With Our Flexible Mortgage Loans
Apply online for your loan. Alternatively, to have one of our Relationship officers contact you to discuss a loan, complete our Contact Form
For all Loan Applications we require:
2 Forms of Photo identification
A recent job letter (no older than 3 months)
2 months’ pay slips (most recent) or 8 weekly payslips
Self-employed persons are required to provide:
Business Registration Certificate
Financial Statements for the two preceding years
Projections for the next two years
Bank Statements
Contact us today to make your dream home a reality!
Additional Details for Mortgages & Real Estate Loans
A Legal Mortgage or Chattel Mortage will be used as security for this Loan and all related fees are to be paid by the Member. Members can choose to use their own Attorney, or they may opt to use the Credit Union's Attorney. Kindly note that interest rates are subject to market conditions.
Requirements
Members can borrow up to BDS$650,000 for Home Construction or purchase. Key requirements are as follows:
A Valuation on the property from a licensed Valuer.
Agreement of Sale or Offer Letter from Vendor/Attorney-at-Law
Life Insurance coverage for the value of the Loan.
Contractors estimate (for home construction)
Apply online for your loan. Alternatively, to have one of our Relationship officers contact you to discuss a loan, complete our Contact Form
SMART Tip:
USE YOUR SMART BUILDER OR TERM DEPOSIT TO SAVE TOWARD YOUR MORTGAGE. LET OUR FINANCIAL EXPERTS CAN TELL YOU HOW!
Land Purchase
Borrow up to $250,000.00 with a minimum deposit of 5% of the amount required and up to 25 years to repay!
Documents required:
Agreement of Sale, or Offer Letter from Vendor/Attorney-at-Law, stating the price, location and size of the plot.
A certified Surveyor’s copy of land plot.
Valuation by our approved Valuer.
Apply online for your loan. Alternatively, to have one of our Relationship officers contact you to discuss a loan, complete our Contact Form