Overview:

Buying a home is one of life’s biggest milestones—and CAPITA is here to make it easier. Our mortgage solutions offer flexible, affordable financing for first-time buyers, upgraders, or investors.

 Target Audience:

Who is this product designed for? 

• 18-60
• First-time homeowners
• Clients with existing land loans who are now ready to build their homes 
• Individuals ready to build their home 

Key Features:

• List the main features of the product.

• No down payment required
• Competitive interest rates
• Flexible repayment terms up to 30 years

Benefits:

What are the benefits of using this product?

• Structured repayment options tailored to borrower’s cash flow
• Personalised support at every step 
• Fast-track approval for eligible applicants

Requirements/Eligibility:

What are the requirements for this product?

• 2 forms of photo bearing ID 
• Job Letter and pay slips
• Offer Letter and independent valuation.
• Builders estimate with stage breakdown and quantity surveyors report (if relevant)
• Approved Plans from Town & Country Planning (if relevant)
• 3-month bank statements

What is the eligibility criteria for this product?

• Age: 18 years or older
• Employment:
  • Salaried: Minimum 6 months with current employer
• Credit History:
  • Clean credit report with no recent defaults or judgments
  • Demonstrated ability to service loan repayments

Application Process:

• How can someone apply for this product?

1. Pre-Qualification

Start by checking if you meet the basic eligibility criteria. You can do this by speaking with one of our relationship officers.

2. Submit Your Application

Apply online via credit@capitacaribbean.com or visit our Capita location. You’ll need to provide:

• Personal details
• Employment and income information
• Land purchase agreement or seller details

3. Document Verification

Submit the required documents. Our team will review your application and verify your information.

4. Loan Approval

Once approved, you’ll receive a formal loan offer outlining terms, repayment schedule, and next steps.

Frequently Asked Questions (FAQs):

• How long does it take to get approved?
  Approval can take as little as 5–10 business days, depending on how quickly you provide the required documents and valuation is completed.
• Can I refinance my existing land loan to build my home?
  Absolutely. We will support you through your building venture.
• Can I apply with a co-applicant?
  Yes. Co-applicants (such as spouses or business partners) can strengthen your application by combining incomes and credit profiles.
• What cost should I plan for?
  Commitment fees, legal fees, property valuation and inspection and insurances.

Additional Notes:

• Interest rates are applied to the reducing balance of the loan