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    Graduated Mortgage

    Features and Benefits

    • Graduated period of up to five years
    • Applicable to loans for purchase, construction or home improvement
    • Not applicable to prime real estate or vacant lots
    • Financing amount pegged to graduated period
    • Option to make low payments that increase over a maximum of five years
    • Special offer on Peril and Content Insurance from JNGI

    Choose an adjustable rate mortgage with a low monthly payment at the start, which gradually increases over a specified period.

    Fixed Rate

    Features and Benefits

    • Fix interest for up to 15 years
    • Available in Jamaican dollars only
    • Option to fix rate
    • Special offer on Peril and Content Insurance from JNGI

    Principal and Interest remains fixed for the life of the loan

    Adjustable Rate Mortgage

    Features and Benefits

    • Up to 40 years to repay
    • Affordable interest rate
    • Available in Jamaican dollars only
    • Interest rate is negotiable*
    • Primary members benefit from a special rate*
    • Special offer on Peril and Content Insurance from JNGI

    Achieve homeownership with an Adjustable Mortgage from JN Bank

    Variable Rate

    Features and Benefits

    • Available in Jamaican dollars only
    • Option to peg interest to T-Bill rates
    • Make monthly or quarterly instalments
    • Special offer on Peril and Content Insurance from JNGI

    Benefit from flexible interest rate

    Extended Payment

    Features and Benefits

    • Extended payment period on mortgage loans
    • Available in Jamaican dollars only
    • Option to extend repayment beyond 70 years-old*
    • Option available to joint applicants*
    • Special rates on Peril Insurance from JNGI

    Extend the life of your mortgage to benefit from lower payments on principal and interest

    Balloon Payment

    Features and Benefits

    • Applicable to loans seven years-old and under
    • Terms available to fixed or variable mortgages
    • No penalty for early closure of mortgage*
    • Repayment options available
    • Special offer on Peril and Content Insurance from JNGI

    Complete your mortgage early by making a lump sum payment.

    Payment Holiday

    Features and Benefits

    • Payment holiday of up to six months
    • Available in Jamaican dollars only
    • Option to defer payments for a maximum six months
    • Special offer on Peril and Content Insurance from JNGI

    Delay your mortgage payments for a specified period so you can you take care of other needs.