Home Page Home Page

Are you a non-resident looking for a mortgage in Jamaica?

Contact Agents

Arranging your non-resident mortgage in Jamaica

The "Land of Springs," or the "Land of Wood and Water." Formerly a Spanish possession known as Santiago, then the British West Indies Crown colony of Jamaica. Jamaica is the largest English speaking island in the Caribbean.

Whether the property is intended to be used as a home or for investment, the security of your return must be a mindful deliberation from the outset.

Whilst macro-inflation has the effect to devalue liquid savings, it has no such affect on the price of realty. Whilst shares may be vulnerable to stock market crashes, realty is immune to the conditions of share trading. The truth of the matter is that the long term trend of property prices is always on the up.

The main influence which affects the price of Jamaican realty is the fact that there is a static supply of land for an ever increasing population, who are enjoying ever improving means to access property ownership.

In respect of mortgages in Jamaica, the general criteria is that you can borrow up to a maximum of 70 to 95% loan to value subject to status and the lenders valuation.  This will mean that you will need to finance the remainder.  Mortgages are not available to cover stage payments for an off-plan property.  However, mortgages are available on completion.  You should consider applying upto 4 months prior to completion. 
Mortgages are Full Status only, and approval is based on your "take home" pay and is calculated on an affordability basis.  All existing liabilities including any mortgage/rent payments, personal and bank loans and any maintenance (ie: divorce) payments will be taken into consideration.  The lender will NOT take into consideration any proposed Rental Income from the property. 

Due to the application specific variables, rates are on application, however for your personal calculations, and on an indication only basis, if you use a rate of 14% (Variable).  This is for a mortgage in Jamaican Dollars on a repayment (capital + interest) basis for a maximum of 25 years or up to a maximum age of 65 years.

* Max age 65

* Max 95% LTV

* Min loan n/a

* Rates from approx 14.00%

* Maximum Term 25 years

* Currencies: Jamaican Dollars only

* Repayment only

You can contact agents able to assist with your property purchase by completing this form
Click for Overseas Mortgages

Think carefully before securing other debts against your home. Your home or foreign property may be repossessed if you do not keep up repayments on your mortgage.

Mortgages in Andorra
Mortgages in
Antigua & Barbuda

Mortgages in Australia
Mortgages in Austria
Mortgages in Bahamas
Mortgages in Barbados
Mortgages in Belgium
Mortgages in Belize
Mortgages in
British Virgin Islands

Mortgages in Bulgaria
Mortgages in Canada
Mortgages in Cape Verde
Mortgages in Caribbean
Mortgages in
Cayman Islands
Mortgages in China
Mortgages in Croatia

Mortgages in Cyprus
Mortgages in
Czech Republic

Mortgages in
Dominican Republic

Mortgages in Egypt
Mortgages in Estonia
Mortgages in France
Mortgages in Germany
Mortgages in Gibraltar
Mortgages in Greece
Mortgages in Hungary
Mortgages in Iceland
Mortgages in India
Mortgages in Ireland
Mortgages in Israel
Mortgages in Italy
Mortgages in Jamaica
Mortgages in Latvia
Mortgages in Lithuania
Mortgages in Malaysia
Mortgages in Malta
Mortgages in Monaco
Mortgages in Morocco
Mortgages in New Zealand
Mortgages in Panama
Mortgages in Poland
Mortgages in Portugal

Mortgages in Romania
Mortgages in Saint Lucia
Mortgages in Slovakia
Mortgages in South Africa
Mortgages in Spain
Mortgages in
St Kitts & Nevis
Mortgages in Sweden
Mortgages in Switzerland
Mortgages in Thailand
Mortgages in
Trinidad & Tobago
Mortgages in Turkey
Mortgages in the Turkish Republic of Northern Cyprus
Mortgages in
United Arab Emirates
Mortgages in
United Kingdom
Mortgages in U.S.A.

Can't find what you're looking for? Try Google Search!

World Real Estate News

UK mortgage lending hits six year high UK mortgage lending hits six year high
New figures from CML (the Council of Mortgage Lenders) reveals a six year high for gross mortgage lending throughout the UK property market during last month.

Published: 24-Nov-14


Heat leaves the Sydney auction market Heat leaves the Sydney auction market
Initial results for last weekend’s auctions across the Sydney real estate market indicate a period of cooling as the year end approaches.

Published: 24-Nov-14


Foreclosure debt catches up with US homeowners Foreclosure debt catches up with US homeowners
Many USA real estate owners who lost their homes in the foreclosure crisis are shocked to discover they are still liable for thousands of dollars tied to their old property.

Published: 24-Nov-14


House prices up 12% in UK House prices up 12% in UK
The latest official information shows an annual rise of more than 12 per cent for UK properties on a national level at the end of September.

Published: 21-Nov-14


Investors block first time buyers in Sydney Investors block first time buyers in Sydney
The cost of residential property in Sydney has rocketed in recent years mainly driven by investor activity leaving first home buyers struggling to compete.

Published: 21-Nov-14









World Guide

In addition to our informative Property News section we have also created a comprehensive World Guide with useful information about, and interesting photographs of, popular destinations worldwide.







   Can't find what you're looking for? Try Google Search!
Home  |  About Us  |  Property News  |  Useful Links  |  Data Feeds  |  Property Listings  |  Site Map  |  Help  |  Privacy  |  Terms & Conditions
Copyright © 2005 - 2014 PropertyWorld.com Designed and developed by MSO.net