For the times you
need a little extra
Loans can come in handy
Loans, because life goals can get expensive
Life goals can come with a big price tag. Sometimes, it’s the good stuff: education, home improvements, starting a business. Sometimes, it’s the not so good stuff: things like unplanned medical expenses and other unexpected major costs. Whatever life throws at you, we want you to be ready for it.
**Loan products are offered by JMMB Bank (Jamaica) Limited
A property loan from JMMB Bank helps to take the hassle out of buying your dream home or other property. With this loan, you’ll be able to purchase a home or property, or do improvements on the home you already own.
Home Equity Loan
Home, working for you
You’ve invested in your home, now it’s time for your home to return the favour. A home equity loan lets you use the equity you’ve built up in your home, as collateral. Think of your home as a symbol of your responsibility. The more of it you own, the more you can borrow.
This loan offers relatively low rates and easy payment terms that are manageable and affordable.
Who can get a Home Equity Loan?
- If you own your home or property
- If you are employed with good debt servicing record
Benefits of a Home Equity loan
- Access cash from the value of your home/property
- Low interest rates and fees
- Your maximum tenor is either: up to 15 year or the number of years left to retirement (age 65), whichever comes first
- Minimum Loan Amount - $100,000
**Property and Home Equity Loans are offered by JMMB Bank (Jamaica) Limited
"Today I got my new car. usually i would be happy with the car but i am even more happy with the service I recieved from jmmb. my loan was processed so quickly" - Marsha
Motor Vehicle Loan (JMMB Drive Easy)
The easiest (and best) way to get a new car
A motor vehicle is more than just four wheels and an engine; it’s the way you get to work, where you make your living; it’s how to take your family from one point to another; and, not having one is oftentimes not an option.
If you need a car, JMMB Drive Easy is your best bet. It gives you access to affordable loans and insurance brokering, so you can drive away with a new or used car.
JMMB Drive Easy car solution offers two key elements:
- A motor vehicle loan, offered by JMMB Bank (Jamaica) Limited
- Motor vehicle insurance, brokered by JMMB Insurance Brokers
- Motor vehicle loan
- Up to 100% financing*
- Competitive loan rates
- Low processing fee
- Flexible loan tenure
- Used Cars: Up to 7 years
- New Cars: Up to 8 years
Motor Vehicle Insurance
Your motor vehicle insurance will be brokered by JMMB Insurance Brokers, as a part of the JMMB Drive Easy car solution. Our professional insurance broker representatives will help you find the best value insurance coverage and premium, for your needs. We will shop around for you free of cost.
You can also access other great services, under JMMB Drive Easy, like:
- Insurance Premium Financing
- Creditor Life Insurance – which will allow your debt to pass on with you.
Contact our Client Care Center:
Toll-free US & Canada 1-877-533-5662
**Motor Vehicle Loans are offered by JMMB Bank (Jamaica) Limited
JMMB Graduate Loan
Access an affordable loan for all your education needs, with flexible repayment plans and competitive rates, by applying for the JMMB Graduate loan.
The JMMB Graduate loan offers an unsecured or secured loan, through JMMB Bank, with attractive interest rates.
Features & Benefits:
- Up to 5 years to repay
- Flexible pay-back period
- Fast approval time
- Competitive rates and fees
**JMMB Graduate Loan is offered by JMMB Bank (Jamaica) Limited
JMMB Payroll Bridge
We all do our best to ensure that we plan ahead for all our financial needs, but JMMB understands that ‘life happens’; that’s why we offer the JMMB Payroll Bridge, our payday advance loan solution. This unsecured loan is designed for our clients who want to borrow funds on a short-term basis, which can be used between your monthly salary, to cover an unexpected emergency.
This solution, from JMMB Bank, is available to salaried employees* offering you as much as J$2,500,000 and up to 5 years to repay.
**JMMB Payroll Bridge is offered by JMMB Bank (Jamaica) Limited
Cash Secured Loan
Use your cash to make even more cash
You work hard to build up a savings account. So when something comes up and you have to clear it out, it can be frustrating. So don’t do it. When you have a cash secured loan, you can use your hard earned money as collateral to take out a loan. The best part is, we let you access out a loan on whatever your heart desires.
- Maximum Amount: 90% of Asset Value (cash held in account) or 80% (this margin is for cross currency loan e.g. where a f/currency loan is secured by J$)
- Maximum Tenor: 120 months
- Reason for borrowing: Any legitimate purpose specified by the client.
**Cash Secured Loans are offered by JMMB Bank (Jamaica) Limited
For when you need it most
Maybe you don’t have any property just yet to borrow against. Maybe you found a great opportunity to make a big purchase. Whatever the case, an unsecured loan can be just what you need to take care of the task at hand.
- Maximum Amount: J$7.5 million
- Maximum Tenure: 60 months
- Reason for borrowing: Any legitimate purpose, specified by the client.
**Unsecured Loans are offered by JMMB Bank (Jamaica) Limited