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    Start with low payments that increase as you earn more

    Features/Benefits

    • Graduated period of up to five years
    • Applicable to loans for purchase, construction or home improvement
    • 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
    • Proof of Identity (Passport, Driver’s Licence, Birth Certificate or National ID)
    • Tax Registration Numbers (TRN)
    • I.S. Card Income Verification Letter(s) from employer(s) and last two pay slips up-to-date. If Self-employed, Statement of Income is required (for Guarantor), Agreement for Sale – duly completed & deposit receipt
    • Photocopy of Certificate of Title
    • Valuation Report on property done by JN approved Valuer
    • Commissioned Land Surveyor’s Identification Report
    • Up-to-date Property Tax Certificate
    • Written confirmation of existing loan(s)

    Additional Requirements For:

    • Construction Application
    • Approved Plan
    • Quantity Surveyor’s or Builder’s estimate in detail
    • Other
    • Application cost
    • Closing cost
    • Peril Insurance
    • H.T. Contribution Verification Letter from employer

    Apartment Buildings

    • Water Receipts
    • Proof of Strata Insurance
    • Letter from Strata Corporation confirming that property maintenance is up-to-date

    Mortgage Life Protection is available through JN Life Insurance and is highly recommended. An existing life insurance policy may also be assigned.

    New Kingston Mortgage Representatives

    Mrs. Andrea Wright-Anderson

    Client Relationship Specialist
    JN Bank Ltd.– Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-276-5336
    Office:  +1-876-926-1344 EXT 5412
    Email: Awright@jnbank.com

    Miss Christabelle Douglas

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-276-5286
    Office: +1-876-926-1344 EXT 5415
    Email: ChristabelleD@jnbank.com

    Mr. Kendal Smith

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-564-0625
    Office: +1-876-926-1344 EXT 5416
    Email: KSmith@jnbank.com

    Mrs. Kaye Ricketts

    Client Relationship Specialist
    JN Bank Limited – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-283-4666
    Office: +1-876-926-1344 EXT 5552
    Email: KRicketts@jnbank.com

    Mr. Kevin Henry

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-276-5731
    Office: +1-876-926-1344 EXT 5417
    Email: KHenry@jnbank.com

    Miss Marie Gayle

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-276-5442
    Office: +1-876-926-1344 EXT 5419
    Email: MGayle@jnbank.com

    Miss Marie Hamilton

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-276-5684
    Office: +1-876-926-1344 EXT 5420
    Email: MarieH@jnbank.com

    Mr. Paul Lettman

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-869-6385
    Office: +1-876-926-1344 EXT 5421
    Email: PLettman@jnbank.com

    Mr. Sean Morgan

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5, Jamaica, W.I.
    Mobile:  +1-876-276-5726
    Office: +1-876-926-1344 EXT 5422
    Email: SeanM@jnbank.com

    Miss Tanya Lindo

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5
    Mobile:  +1-876-276-5457
    Office: +1-876-926-1344 EXT 5423
    Email: TLindo@jnbank.com

    Miss Tashaleen Morgan

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5
    Mobile:  +1-876-276-5647
    Office: +1-876-926-1344 EXT
    Email: TMorgan@jnbank.com

    Mrs. Cheryl Kerr-Daley

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (New Kingston)
    10-12 Grenada Crescent, Kingston 5
    Mobile:  +1-876-276-5593
    Office: +1-876-926-1344 EXT 5414
    E-mail: CDaley@jnbank.com

    Montego Bay Mortgage Representatives

    Miss Angella Hines

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (Montego Bay)
    JN Financial Services, Megamart Complex
    Catherine Hall, Montego Bay, St. James, Jamaica
    Mobile:  +1-876-577-9201
    Office: +1-876-926-1344 EXT 5429
    E-mail: ACHines@jnbank.com

    Miss Karen-Ann Mighty

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (Montego Bay)
    JN Financial Services, Megamart Complex
    Catherine Hall, Montego Bay, St. James, Jamaica
    Mobile:  +1-876-276-5203
    Office: +1-876-926-1344 EXT 5430
    E-mail: KMighty@jnbank.com

    Mr. Oraine Thompson

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (Montego Bay)
    JN Financial Services, Megamart Complex
    Catherine Hall, Montego Bay, St. James, Jamaica
    Mobile:  +1-876-551-7795
    Office: +1-876-926-1344 EXT 2935
    E-mail: OThompson@jnbank.com

    Ochos Rios Mortgage Representatives

    Mrs. Cheri Powell-Henry

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (Ocho Rios)
    Corner Graham and DaCosta Streets, Ocho Rios, St. Ann, Jamaica, W.I.
    Mobile:  +1-876-276-5593
    Office: +1-876-926-1344 EXT5427
    E-mail: Cheri@jnbank.com

    Mrs. Sanique Barrett-Mitchell

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (Ocho Rios)
    Corner Graham & DaCosta Streets
    Mobile:  +1-876-451-2330
    Office: +1-876-926-1344 EXT 4810
    E-mail: BarrettS@jnbank.com

    Miss Audreen Higgins

    Receptionist
    JN Bank Ltd. – Mortgage Centre (Ocho Rios)
    Corner Graham & DaCosta Streets
    Office: +1-876-926-1344 EXT 4948
    E-mail: AudreenH@jnbank.com

    Mrs. Winsome McNish-Ricketts

    Business Relationship Manager  (Acting)
    JN Bank Ltd. – c/o JN Ocho Rios Branch
    Corner Graham & DaCosta Streets, Ocho Rios, St. Ann, Jamaica, W.I.
    Mobile:  +1-876-577-9048
    Office: +1-876-926-1344 EXT 5428
    Email: WRicketts@jnbank.com

    Mandeville Mortgage Representatives

    Miss Sophia Anderson

    Client Relationship Specialist
    JN Bank Ltd. – Mortgage Centre (Mandeville)
    Floor 1 – JN Bank Mandeville Branch
    45A Mandeville Plaza, Mandeville, Manchester, Jamaica, W.I.
    Mobile:  +1-876-276-5526
    Office: +1-876-926-1344 EXT 5426
    E-mail: SophiaA@jnbank.com

    What is a Graduated Mortgage?
    A Graduated Mortgage is an adjustable rate mortgage where the monthly payment starts low and gradually increases over a maximum period of five years.

    This product is ideal for young professionals who have a potential for increased earnings over time.

    How long is the life of the JN Bank Graduated Mortgage?
    Beneficiaries may receive a mortgage for up to 40 years.

    Is 100% mortgage financing available?
    Yes it is! We will finance up to 100% of the lower end of the purchase price or market value of the property.

    Are there any other great benefits that come with my JN Bank Graduated Mortgage?
    There is much more. Although we provide up to 100% mortgage financing, we know it is sometimes difficult for eligible persons to come up with the cash needed to finance other aspects of the mortgage process, such as the legal fees and closing costs. Therefore, along with your mortgage amount you will be required to take up one of our following pre-approved unsecured credit facilities, which you can use to assist with covering those costs:

    • JN Bank Visa Credit Card
    • JN Bank Personal Line of Credit
    • JN Bank Personal Unsecured Loan

     

    Are there fees to process my JN Bank Graduated Mortgage application? Yes there are fees that will be applied to processing your mortgage, however, the fees to process the JN Bank Graduated Mortgage are low and may be added to the loan.

    Can I mix my National Housing Trust (NHT) benefits with my mortgage from JN Bank?
    You certainly can! JN Bank maintains a Joint Financing Agreement with the NHT that allows you to blend your NHT benefits with your JN Bank mortgage. Accessing your NHT loan benefits will help to reduce your monthly payments.

    Will I need to contact the NHT to blend my benefits with my JN Bank mortgage?
    No, you don’t need to contact the NHT on your own. We will take care of the process once you indicate that you would like to blend your NHT benefits with your JN Bank mortgage.

    What is meant by ‘pre-approval?’
    A pre-approval letter indicates to your realtor whether you can afford to finance the mortgage to cover the property you are purchasing. The pre-approval letter is provided by a mortgage institution, like JN Bank, after they conduct an assessment of your financial standing.

    What do I need to get pre-approved?
    To get pre-approved you will need to provide your JN Bank mortgage expert with a few documents that will include proof of income (your last three pay slips, job letter), valid government-issued ID, such as your driver’s licence, passport; among other information.

    Click to see our list of mortgage experts or visit jnbank.com.

    We want to Serve you Even Better!

    We’re happy to assist with a loan or mortgage to finance your goal.

    JN Bank is committed to providing you with much more than financing. We’re here to serve you.

    Share your loan experience with us at myloanexperience@jnbank.com.