If you travel to Jamaica frequently and are purchasing a home, a car can be a great investment. Not only would you have use of the car when you visit, but if you are planning to setup your home as an Airbnb, you could rent the car along with your home for an additional fee.
Challenges of Obtaining an Auto Loan
Historically, it has been difficult for overseas residents to qualify for an auto loan in Jamaica. In the lender’s eyes this is a huge liability; where will the car be when the owner is overseas? Who will have access to the car? Could the car be easily stolen?
These are all factors banks take into consideration when determining if individuals qualify for auto loans. Due to these challenges many overseas residents are limited to rental cars or paying cash to purchase cars in Jamaica.
Allied Real Estate and Atlas Motors have changed all that!!
convertkit form=1996926]Home and Auto Initiative
On May 19, 2023, Allied Real Estate and Atlas Motors announced they have forged a groundbreaking partnership to redefine Jamaica’s mortgage and auto loan industry, offering comprehensive financial solutions with unparalleled convenience to Jamaica. The below outlines the conveniences and services mentioned in the press release.
The two company’s unparalleled dedication to customer satisfaction has earned the alliance widespread recognition, drawing interest from the Airbnb investor community, particularly those on the north coast, who appreciate the value of a seamless home and auto ownership experience.
During an intensive six-month trial period, Allied Real Estate Services and Atlas Motors successfully provided their flagship home and auto services to over 20 customers, meticulously refining their processes to deliver unparalleled quality and satisfaction. Testimonials from delighted customers, such as Mr. Sutherland and the Stevensons, highlight the immense value of this alliance in maximizing investments, enhancing convenience, and elevating the overall quality of life. Their stories reflect the transformative power of this partnership in empowering Jamaicans to achieve their dreams of homeownership and car ownership.
And they didn’t stop there. They took it a step further…
Electric Vehicle (EV) Options with Rta Biz Energy Solutions
Allied and Atlas have also included Rta Biz Energy Solutions in this agreement. With the inclusion of Rta Energy Solutions, a visionary leader in renewable energy and sustainability, this alliance stands at the forefront of innovation and environmental stewardship. The integration of solarized solutions, including solar-powered energy sources, solar water heaters, solar air conditioning, solar electric vehicle chargers, and smart home appliances, not only elevates the concept of comprehensive financial services but also ushers in a new era of sustainable living. This alliance showcases an unwavering commitment to reducing carbon footprints, conserving resources, and fostering a greener future for all.
Part of this initiative includes the option to purchase an Electric Vehicle (EV), with the support of Biz Energy Solutions. They are committed to creating a more sustainable way of living in Jamaica and are in the process of constructing charging stations in major cities across the island.
How does this benefit you?
Through this collaboration, Allied, Atlas and Rta are committed to:
- Streamlined Processes: Simplified and expedited application processes, leveraging cutting-edge technology to minimize paperwork and maximize efficiency.
- Competitive Interest Rates: Access to highly competitive interest rates, expertly negotiated through extensive networks and market insights.
- Tailored Financial Solutions: Personalized options meticulously crafted to accommodate individual budgets, lifestyles, and preferences, empowering individuals to achieve their unique aspirations.
- Enhanced Customer Service: Unmatched support and guidance throughout the application and approval process, ensuring a seamless and stress-free experience for every customer.
- Comprehensive Consultation: Access to a wealth of collective knowledge and expertise, enabling informed decision-making and empowering individuals to make sound mortgage and auto loan choices
The Home and Auto Initiative will allow future home owners in Jamaica to have one monthly auto/mortgage payment. It essentially is one loan for two assets: a car and a house! In combining these two assets into one loan, the challenges associated with obtaining an auto loan, mentioned above, disappear!
By now you should be asking “How do I apply?”
This initiative is available for individuals who are currently buying, or will buy real estate in the future. In order to take advantage of this initiative you would need to obtain your auto and home loan through Allied Real Estate, Mortgage Division. As a side note… I have been working with Allied Real Estate, personally, for over two years and their customer services and expertise is top notch.
If you are in the process of purchasing a home in a new development and are waiting for your home to be built, don’t worry! It’s not too late! Let us help you achieve home and auto ownership in one seamless transaction.
If you are interested in taking advantage of this extraordinary opportunity, simply click below to send me an email and I would be glad to assist you in starting your Home and Auto Loan Application!
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