(868) 623-TTMF or 625-TTMF (8863)

Loan Features


Financing is available for the purchase of residential building lots and homesteads anywhere in Trinidad and Tobago.

  • Interest Rate – 6 %
  • Up to 90% Financing
  • Repayment Term of up to 20 years
  • Acceptance Fee of up to 1% of the Loan Amount

  • Bridge Financing is available for construction, convertible to a long-term loan on completion
  • Mortgage Indemnity Insurance is not required
  • No Prepayment Penalties

After you locate a piece of land, begin by submitting all the required documents and fees to begin our application process.

Required Documents


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 & 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

Other Required Documents

  • Survey Plan
  • Town & Country Planning approval to develop land for residential purposes
  • Regional Corporation Final approval for the development of land

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).

Fees & Costs


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

Initial Payment Requirements

  • Attorney’s Fees (Deed Preparation)
  • 1 year’s Contractor’s All Risk Insurance Premium

Get Pre-qualified »

Get started on Financing

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.