If you are thinking of buying a home in Jamaica, I’m sure there are many items on your to-do list. Unless you are paying cash, you will need to secure a pre-approval letter for a mortgage. Below are the steps you can take to get pre-approved for your next home in a week.
If you are in need of a pre-approval letter or mortgage, click here to get started.
Forms to Complete
Once you click the above link, you can enter your name and email to receive instructions and requirements for a pre-approval letter. The below forms with be emailed to you for completion.
- Data Application Form
- Statement of Affairs
Personal Documents to Provide
Here is a list of the documents you will need to submit as an overseas applicant.
- Picture ID
- Tax Registration Number (TRN)
- Last 3 months pay stubs
- Job Letter stating your title, length of employment and salary
- Detailed credit report with score (TransUnion, Equifax or Experian)
- W2 Forms for last 2 years (U.S.)
- T4 Forms for last 2 years (Canada)
- P60 Forms for last 2 years (U.K.)
Submit Documents for Approval
Once you have completed all necessary forms and gathered the personal documents you can submit them for approval. The process usually takes about a week assuming all documents are received timely. Often times the bank will need more information or clarification on some of your information. This is completely normal. Once the bank has reviewed all the information and you are approved they will email you a pre-approval letter that can be used to make an offer on available properties.
Mortgage pre-approvals is a service I offer in partnership with Allied Mortgage. If you are interested in using our service you can obtain all needed forms along with the above requirements by clicking here.
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