For the times you
need a little extra
Loans can come in handy
Unsecured Loans-
Under $50,000
Get unsecured loans from $2,500 to $50,000 for up to 3 years.
- Complete the online application
- Get pre-approved
Unsecured Loans-
Over $50,000
Get unsecured loans from $50,000 to $100,000 for up to 4 years.
- One business day to conditional approval.
- Start your application here
"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
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)***
***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
- 100% financing
- 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
Chat with a Relationship Officer
Talk with our Relationship Officers today
Let’s set goals to get you that house
Chat with a Relationship Officer
