Current Mortgage Rates in Jamaica

Unless you win the Lottery you will never be a home owner.  What you need is a dash of diligence and a bit of cash for a down payment. Mortgage rates can go as high as 18-19%. But here are several institutions that offer rates under 15%.
# Bank Residential Home Builder
1 Scotia Bank 12.00% 2.00% above residential mortgage
2 Victoria Mutual Building Society  8.5% Suspended
3 Jamaica National Building Society (JNBS) 8.5% 8.5%
4 National Commercial Bank (NCB) 8.45% 8.45%
5 Sagicor 8.5% -
6 National Housing Trust (NHT)  2% - 6%  -
  You might want to also consider alternatives such as purchasing a distressed property, increasing your NHT contributions or purchasing a property that has income generating potential.  What ever your needs our experienced agents can help guide you through the property buying process in Jamaica. Last updated: 16 May 2016

Shop 37 Holiday Shopping Village
Montego Bay, Jamaica JMCJS12
JA (876) 953 9000
USA (302) 353-1350
UK (207)-993-0517
Fax (876) 953 9228


Our Mission

We believe real estate buyers and sellers everywhere deserve the world-class services of outstanding agents who are skilled, driven and focused on achieving outstanding results. Each RE/MAX Office is Independently Owned and Operated.

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