LBCC Selling Prices (Phase II)
Unit Type |
Starting From |
US$163,000.00 |
|
US$235,000.00 |
|
US$455,000.00 |
*Prices and Terms are subject to change without notice
*Prices are subject to Escalations certified by our Quantity Surveyor
Payment Terms & Mortgage Information
Payment Terms:
First Deposit: 15% of Selling Price, payable upon selecting / reserving a unit.
Second Deposit: 15% of Selling price, payable 90 days after payment of the first deposit.
Balance plus Closing Costs due upon presentation of a Certificate of Practical Completion for the unit.
Mortgage Information
Each purchaser is free to make mortgage arrangements with the financial institution of his/her choice, however , Selective Homes (Negril) Ltd. has negotiated special mortgage facilities for LBCC purchasers with CIBC First Caribbean International Bank (CIBC-FCIB) and Jamaica National Building Society (JNBS) (Click links below for details).
N.B.: While every effort is made to ensure the accuracy of the following information, the companies listed on this page may change their terms without notice. Please confirm any statements herein with the quoted supplier.
CIBC-FCIB Mortgages JNBS Mortgages
CIBC-FCIB Mortgages
CIBC-FCIB JMD Mortgages
Maximum term of 25 years or age 65
Interest rate 9.5% p.a.
Maximum 80% financing
No commitment fee
Revolving loan for property tax / insurance
Pre-approved credit card
CIBC-FCIB Domestic USD Mortgages
Maximum term of 25 years or age 65
Interest rate 7% p.a. variable
Maximum 75% financing
No commitment fee
Revolving loan for property tax / insurance
Pre-approved credit card
CIBC-FCIB International USD Mortgages
Maximum term of 20 years or age 65
Interest rate – 3 month Libor + 5% [indicative 5.4727% p.a.]
Maximum 60% financing
Special rates may be negotiated. Conditions apply.
JNBS Mortgages
JNBS Mortgages
JNBS JMD Mortgages
Interest rate of 9.4% P.A.
Up to 90% financing
Residential, owner-occupied.
For further information on CIBC First Caribbean mortgages, please contact:
Kevin Sunarth
Senior Branch Manager
CIBC FirstCaribbean |Montego Bay Branch
59 St. James Street, Montego Bay, St.James, Jamaica
Tel: 876-952-0801, Mobile: 876-990-3021, Fax: 876 952-4815
kevin.sunarth@cibcfcib.com |www.cibcfcib.com |
For further information on JNBS mortgages, please contact:
Frances Ross
JNBS |Mortgage Center
Shop 10F, New Kingston Shopping Center, 30 Dominica Drive, Kingston 5
Tel: 876-733-7049, Mobile: 876-442-0099, Fax: 876 929-4384
fross@jnbs.com
|www.jnbs.com |