Bridging and long-term loans are available to construct a home. Construction must adhere to local building codes and follow designs and specifications approved by local regulatory bodies.
* See 2% and/or 5% Mortgage Programme details.
After you ascertain the amount of financing for which you can qualify, building plans must be approved, estimates submitted and Residential Authorities notified. Learn how to compile the legal documentation required to construct a home in our How-to-Guide.
Two (2) copies of all documents must be provided.
Evidence of Income: Submit an Original Job Letter & Pay Slip. If overtime is inconsistent, submit 2 TD4 slips for the past 2 years. If self employed, submit Audited Financial Statements for the last 2 years or Bank Statements for the last three (3) years, stating the average monthly balance.
Evidence of Savings & Indebtedness: Submit Statements from all Financial Institutions with which you deal, including Credit Unions (monthly payments towards loans must be indicated on these statements).
Start by approaching TTMF to be pre-qualified. Pre-Qualification allows us to review your affordability. The resultant mortgage amount you can service will be detailed to you in our Pre-Qualification Certificate.