Mortgage Solutions

The Scotia Jamaica Building Society, a subsidiary of Scotiabank, offers mortgages and ways to purchase real estate whether you're a first-time buyer or thinking of making a move to your next home. You can find a mortgage and financing solution to suit your individual needs through The Scotia Jamaica Building Society.

Review the mortgage options in the chart below and choose the one that best suits your needs and goals.

Welcome Home!

Products Description Term Down Payment Features
Residential Mortgage 30 years 10% Finance up to 90% of the purchase price or valuation of the property (whichever is lower) for a maximum term of 30 years
3-Yr Fixed Term Residential Mortgage (Professionals and/or University Graduates) 3 years 10% Fixed rate for initial 3 years, converts to variable rate there after
Mortgage for Investment 30 10% On loans granted for investment purposes (residential rental properties), we finance up to 65% of the lower of the purchase price or valuation of the property being purchased for a maximum term of 30 years
Gold Key Mortgage 20 years 10% Up to 20 years
Switch Mortgage up to 30 years N/A Up to 30 years

Notes

  • Residential Lots:
    We finance up to 80% of the lower of the purchase price or valuation of the lot for a period not exceeding 15 years

Conditions apply. All information contained herein is subject to change without notice.

Interested in learning more about mortgages and purchasing a property? We can help. Contact one of our expert Mortgage Specialists, they are happy to assist you.