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For the times you
need a little extra

Loans can come in handy

Unsecured Loans-

Under $40,000

Get unsecured loans from $2,500 to $40,000 for up to 3 years. 

  1. Complete the online application 
  2. Get pre-approved

 

 

Schedule an appointment to learn more

Contact us Today

Unsecured Loans-

Over $40,000

Get unsecured loans from $50,00 to $100,000 for up to 4 years.  

  1. One business day to conditional approval. 
  2. Start your application here

Schedule an appointment to learn more

Contact us Today

"Today I got my new car. usually i would be happy with the car but i am even more happy with the service I recieved from jmmb. my loan was processed so quickly" - Marsha

Drive Easy Car Solution

JMMBTT Drive Easy car solution offers two key elements:

If you need a car, JMMBTT Drive Easy is your best option. It gives you access to affordable loans and an insurance broker, so you can drive away with a new or used car.

Benefits

  • Insurance Quotation available
  • Assistance with first year’s insurance premium
  • Encouragement to save for the subsequent years' insurance premiums

Features

  • Car Loan
  • Insurance Premium Financing***– with a JMMB DriveEasy Car Solution, you can access an unsecured premium financing loan for a term of ten months once you have met the qualifying requirements.
  • Booster Savings Account
  • Terms up to 7 years*
  • Creditor Life Insurance
  • Access to Group Motor Vehicle Insurance***

***Optional Feature - clients have the option of non-acceptance of this item

 

Your Dream Roll on Roll Off Car can be yours. Find out how here

 

Schedule an appointment to learn more

Find out how to get started

Interested in a Used car. Click Here

 

Cash-Secured Loan

Weather any storm with JMMB.

Get up to 100% loan to value of the cash you have saved. 

With a cash-secured loan, you can use your savings as collateral to borrow. The best part is with JMMB you can achieve any life goal. 

 

Benefits

  • Helps you build your credit 
  • Helps you to improve your credit.
  • Helps you to keep your savings intact  

 

Features

  • Cash Collateral - loan to value 100% for Cash held in JMMB account
  • USD Cash held at JMMB Bank-  loan to value 90% for Cash held in JMMB account
  • Cross Currency (USD) Loan against TTD-  loan to value 85% for Cash held in JMMB account
  • Cash Collateral - loan to value 50% for Cash held in UTC 1st Scheme
  • Cash Collateral - loan to value 70% of Net asset Value - Mutual Funds/ Money Market Funds 
  • Cash Collateral - loan to value 60% for Traded Shares
  • Maximum Tenor: 7 years (84 months)***

Schedule an appointment to learn more

Find out how to get started

 

***Conditions Apply 

***Commitment fee - 1% of principal being loaned.  

Residential Mortage 

A JMMB Mortgage from JMMB Bank helps to take the hassle out of buying your home or property.

With a JMMB Mortgage, you can enjoy benefits such as:

  • A streamlined, hassle-free process
  • Flexible financing options
  • Lower transaction fees
  • Quicker approval
  • Option to access a loan to cover your closing costs

Benefits

  • Makes homeownership affordable
  • Homeownership builds wealth over time and equity every month
  • First-time acquisition of house is a recognised tax deductible up to TT$18k per annum
  • Rate of Mortgage Market Reference Rate (MMRR) plus JMMB Bank Margin
  • Account information readily accessed via Moneyline Online Banking

Features

  • Down payment of 10% - 25% required (may vary based on campaigns offered- 100% financing (special conditions apply)
  • Down payment for land-only – 15%
  • Ability to switch current mortgage to JMMB Bank
  • Rate – Mortgage Market Reference Rate (MMRR) plus JMMB Bank Margin
  • Additional term loan available (maximum 7 years) to meet valuation report fees, mortgage indemnity insurance, stamp duty and legal costs
  • Lump-sum payments and early repayment permissible after first 5 year

 

Schedule an appointment to learn more

Find out how to get started

 

 

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