What Trinidad & Tobago Mortgage Bank (TTMB) publicly states
TTMB provides residential mortgage financing, government-assisted 2% and 5% programmes, construction/land products and personalised mortgage pricing.
Mortgage pricing is not determined by a headline rate alone. The lender may consider income, existing debt, credit history, down payment, the property, loan-to-value, term, employment profile and other underwriting factors. Where a reference rate or promotional figure is shown here, it should be treated as a starting point for research rather than a guaranteed customer offer.
Mortgage requirements
- Trinidad & Tobago citizenship and age 18+ for standard prequalification
- Two forms of identification
- NIS and BIR numbers
- Income evidence
- Evidence of savings and indebtedness
- Recent credit-card statements
- Title/lease/mortgage deed and valuation
- Property tax/WASA/lease-rent clearances as applicable
Financing and lending considerations
- 2% programme: first-time homeowner, family income up to TT$14,000, property value up to TT$1,000,000.
- 5% programme: first-time homeowner, family income up to TT$30,000, property value up to TT$1,500,000.
- Current personalised pricing considers credit score, financial profile and property factors.
Before you apply
Prepare your income evidence, current debt statements, proof of down payment and property documentation before the formal application. Ask the lender for the current annual percentage rate or effective borrowing cost, the repayment schedule, all acceptance/processing fees, mortgage-indemnity requirements, valuation/legal costs and any conditions that can change the rate later.