The Smart Start Home Account is a fixed-term investment product designed to help customers save toward home ownership or other long-term financial goals. Remember to apply for your mortgage within three (3) months after your Smart Start Home Account is matured.
- 3 - 5 years Terms
- No monthly fees
- Flexible 3 and 5-year terms
Receive a discount on your mortgage interest rate based on the down payment saved in the Smart Start Account:
- Save 10% - Get 0.15% discount
- Save 15% - Get 0.20% discount
- Save 20% - 0.25% discount
Get Started with our Smart Start Home Savings Account
Today, Tomorrow, Together
Visit us
Unit # 101,
Johnson Centre,
Bella Rosa,
Gros Islet,
St. Lucia
Email Us
st.lucia@capitacaribbean.com
Call Us
(758)-451-5626
More Information on Smart Start Home Savings Account
Eligibility:
Must be 18 years and older
Minimum Opening Balance:
EC$1,000.00
Interest Rate:
Competitive interest rates.
Interest is paid quarterly, semi-annually or at maturity.
Fees:
A portion of interest is forfeited if the deposit is broken before contracted maturity date.
The details are outlined in the Account Terms & Conditions
Benefits:
- Allows you to save towards the deposit required for a mortgage
- Registered account that allows for an annual tax return of up to EC$6,000.00
- Mortgage interest rebate as follows:
- Save 10% of your mortgage down-payment: get a 0.15% discount
- Save 15% of your mortgage down-payment: get a 0.20% discount
- Save 20% of your mortgage down-payment: get a 0.30% discount
- No monthly maintenance fees
Account Opening Requirements:
- Two forms of valid ID: such as Passport or Driver’s License and the Social security card
- Proof of Address (e.g. utility bill)
- If you are a non-resident client:
- A reference letter or current account statement from a reputable bank
- Valid work permit (if applicable)
Additional Information:
Refer to the Account Terms & Conditions