Build A Home

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.

  • Interest Rate – 6%
  • Up to 90% Financing
  • Repayment Term of up to 30 years
  • Acceptance Fee of up to 1% of the Loan Amount or $500.00 minimum
  • Bridge Financing is available for construction at the same interest rate
  • Construction period limited to 12 months
  • Mortgage Indemnity Insurance is not required
  • Life Insurance is not required as additional security
  • No Prepayment Penalties

TTMF Mortgage Financing - Build a home

After you have been prequalified, building plans must be drawn and approved by the Town and Country Planning Division and Regional Corporation. Learn how to compile the legal documentation required to construct a home in our How-to-Guide.


Standard Documents

  • Evidence of Nationality (2 Forms of ID)
  • National Insurance (NIS) Number
  • Income Tax (BIR) Number
  • Evidence of Income (Job Letter / Pay Slip)*
  • Evidence of Savings and Indebtedness**
  • Most Recent Credit Card Statement(s)
  • Title Deed(s) or Lease and/or Mortgage Deed
  • Valuation Report
  • Up-to-date receipts for Land & Building Taxes, Water & Sewerage Rates & Lease Rent
  • WASA Clearance Certificate
  • Utility Bill


Additional Documents

  • Settlement Letter for Land Loan
  • Evidence of Funds available for possible cost overruns, estimated at 10% – 15% of the total Construction cost
  • Survey Plan
  • Approved Building Plans (from Town & Country Planning Division & Regional Corporation)
  • Signed Builder’s Estimate, in phased scheduled draw-downs
  • Quantity Surveyor’s Report
  • Completion Certificate from the Regional Corporation & final Valuation Report upon completion of Construction

Two (2) copies of all documents must be provided

*Evidence of Income: Submit an Original Job Letter & Pay Slip. If self employed, submit Financial Statements for the last three (3) years and Bank Statements for the last three (3) years, stating the average monthly balance. If you are employed on contract, submit copies of employment contracts for the last three (3) years.

**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).


What do I need to pay?

Estimated Application Costs

  • Application: $150.00
  • Title Search: $1,500.00 (initial)
  • Acceptance Fee: 1% of Loan Amount or $500.00 minimum
  • Credit Bureau Report: $75.00 per applicant
  • Site Visit: $500.00 per visit

Closing Costs

  • Legal Fees
  • Statutory Fees (Stamp Duty & Registration Fees)
  • Monthly Interest on Bridging Balances
  • 3 months’ Rates & Taxes
  • 1 year’s Lease Rent
  • 1 year’s Contractor’s All Risks Insurance Premium

Let our experts
help you on your way.
Get Prequalified

Once you’ve decided to take the step toward owning a home, you must first determine your affordable price range.


Get Prequalified

Our pre-qualification process analyses your financial data to calculate your mortgage amount.

Get a Certificate
Your Pre-qualification certificate eliminates doubt on what you can afford.

Focus Your Search
Conduct a more focused search for property now that you know your price range.

Get Started


Get the financing you need.

Financing is available for various purposes to help you maximise your wealth in your home.

Mortgage Financing is available for the purchase of residences of all types.

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Financing is available for the purchase of residential building lots and land approved for homesteads.

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Upgrading your home can be easy and affordable with our Home Improvement Loans.

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Tapping into the wealth of real estate is one of the benefits of home ownership.

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We’ve got you covered.

Advance Protector

Keep your family covered in the storm of your passing. In the event of your untimely passing you don’t have to leave your family with the additional grief of struggling to make mortgage payments.

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