Frequently Asked Questions (FAQs)

We are loan brokers that assists clients with getting approvals for the following:

1. Auto Loans
2. Mortgages
3. Personal Loans
4. Debt Consolidations
5. Credit repairs
6. Credit Card
7. Investments
8. Open Accounts

To get started kindly book a consultation from following link Get Started

Yes there is a cost associated with our services.

The consultation costs are as follows:

1. Locally Employed Clients – JMD$10,000 (30 minutes)
2. International Clients – USD$100.00 (30 minutes)
3. Self Employed Clients – JMD$15,000 (45 minutes)

Please note that if you proceed to upgrade your package after your consultation, the initial amount paid will be credited to the selected package.

The Requirements for Self Employed are:

1. Copy of Business Registration (if not available, this can be assessed on a case by case basis)
2. Last 12 months Bank statements (online statements accepted)
3. Should not have any open bad loans or credit cards (if bad loans exists consider doing a Credit Repair consultation first)
4. ID (Gov’t Issued ID &TRN)
5. Proof of address ( Utility Bill in your name/ Bank statement/ Credit Card Statement)

Once you are permanently employed you are able to apply irrespective of your employment tenure. However if you’re employed on a contractual basis, you must complete 1 year.

You must be employed for at least 1 year with current employer.

If you haven’t completed 1 year with your current employer you must have at least 2 years working experience.

Yes you can, once you have completed at least 1 year in the contract.

We recommend:

1. Personal Loans: Minimum Salary of JMD$90,000 Gross per month (before taxes and other deductions)

2. Car Loans:
Minimum Salary of JMD$100,000 Gross per month (before taxes and other deductions)

The maximum amount you can borrow is dependent on your salary and debt service ratio the lending institution we will use.

Based on our recommended income clients normally qualify for $900,000 or more.

It’s always recommended to speak to one of our loan consultants / brokers first that will be more than happy to assist you.

The maximum amount is based on what you can afford which is based on your Salary and the bank’s Debt Service Ratio (DSR)

Your Debt Service Ratio Is a percentage of your monthly gross income that lenders will use to determine your debt servicing capacity.

This ratio generally determines how much they will lend.

1. Last 3 months pay slips (If salary fluctuates a minimum of 6 pay slips will be required)
2. Salary must be deposited to your bank account from your employer
3. Should not have any open bad loans (if bad loans exists consider doing a Credit Repair consultation first)
4. ID (Gov’t Issued ID &TRN)
5. Last 6 months Bank statements (online statements accepted)
6. Proof of address ( Utility Bill in your name/ Bank statement/ Credit Card Statement)

The Requirements for New Vehicles are:

1. Must be permanently employed, If employed on a contractual basis, you must complete 1 year.
2. Last 3 months pay slips (If salary fluctuates a minimum of 6 pay slips will be required)
3. Salary must be deposited to your bank account from your employer
4. Should not have any open bad loans (if bad loans exists consider doing a Credit Repair consultation first)
5. ID (Gov’t Issued ID &TRN)
6. Minimum Qualifying Salary is $100,000 per month
7. Last 6 months Bank statements (online statements accepted)
8. Proof of address ( Utility Bill in your name/ Bank statement/ Credit Card Statement)

Once you are permanently employed you are able to apply irrespective of your employment tenure. However if you’re employed on a contractual basis, you must complete 1 year.

The maximum amount is based on what you can afford which is based on your Salary and the bank’s Debt Service Ratio (DSR)

You can purchase any vehicle within 0-9 years old for it to be classified as an auto loan.

You can still however purchase older vehicles but it would not be assessed under the car loan packages, instead it will be considered to be a personal loan.