About:
This section of our Mortgage Findings is based on Countries within
the Caribbean or Select A Country
Barbados
Mortgages
Barbados
Mortgage Types Available:
Residential Mortgages
Known banks & Policies:
Barbados
National Bank http://www.bnbbarbados.com
Caribbean Commercial Bank
Royal Bank Of Canada
Scotiabank
For Mortgage Application:
Agreement of Sale
Copy of Deed/ Certificate of Title
Valuation Report
Copies of Lease Receipts (if applicable)
Up-to-date Land and Building Taxes and Water Rates
Certificate of Compliance
Two Forms of Valid Identification (Identification Card, Driver's Permit/Passport)
Confirmation of Savings/Debt
Job Letter & Recent Pay Slip
If Self -employed, evidence to support Income e.g. Financial Statements
for the Last 12 Months or more
Builders' risk and Comprehensive Home Insurance coverage
Current Interest Rates:
An interest rate of 7.5% 100% financing up to 30 years at BMFC and
35 years at BNB
Other Fees / Taxes:
Insurance fees, Legal fees and Valuation fees
Mortgage
Discussion
Available
Mortgage Updates: