Caribbean Mortgages

If you are buying a property, we can help arrange a mortgage for up to 70% of the purchase price or of the Bank's valuation of the property (whichever is lower) and up to 50% if you are building. Properties costing more than USDS 1,500,000.00, we can help arrange financing of up to 60%.

Mortgages run for up to 15 years and we can arrange internationally competitive rates linked to US prime for amounts up to USD$750,000.00 and 3 month LIBOR for amounts in excess ofUSD$750,000.00.

Interest rates can be fixed for 3 and 5 year periods,

Repayments are quarterly for interest rates linked to LIBOR and monthly for interest rates linked to US Prime.

You must be an International Banking Centre customer to qualify for a mortgage.

Caribbean Mortgage Requirements

Here is a list of our minimum personal account opening and mortgage requirements. Please note that the Bank reserves the right to request additional information / documentation as part of its due diligence and credit analysis policies.

• Minimum mortgage amount USD 100,000
• Fully completed application form
• Letter of introduction from employer to confinn remuneration, office held and length of employment
• Tax returns for the last three years (full sets)
• Last six (6) months original bank statements, to include evidence of savings
• Original report from your accountant on your assets and liabilities
• Professional valuation of property being purchased (from a valuer approved by the Bank)
• Copy of the signed purchase agreement
• Credit reference from Bank.
• Evidence of the source of funds that will represent your contribution to the proposal
• Last three (3) years audited financial statements, if applicant is a company or owns a company that is the source of individual's remuneration.

View our Typical Guidelines on Finance Available.