How to Pre-qualify
Embrace Homeownership
Welcome to TTMB, where we’re dedicated to helping you realize your financial dreams with precision and care. Begin your journey towards homeownership or investment with confidence by booking a Pre-qualification Appointment with us today.
What to Expect
Our Pre-qualification process is designed to provide you with a clear understanding of your borrowing capacity. By analysing your financial information meticulously, we offer tailored insights to guide you in making informed decisions.
Pre-qualification is a requirement to access future mortgage financing. Any future mortgage appointments require a pre-qualification certificate issued in the last 6 months.
Why Pre-qualify?
At TTMB, we understand that every individual’s financial situation is unique. Our team of experts is committed to providing personalized solutions that align with your specific needs and aspirations. By pre-qualifying with us, you gain access to:
- Access to financing: Pre-qualification is a requirement to access mortgage financing. This is the first step.
- Expert Guidance: Benefit from the wealth of experience and knowledge our team brings to the table.
- Clear Insights: Understand the amount of money you can borrow, empowering you to make confident decisions.
- It is a valuable investment that allows you to maximise yields by investing your retirement lump sum
- Be 18 years & over
- Be a citizen of Trinidad & Tobago
- Be acquiring acceptable property anywhere in Trinidad or Tobago
- Have a sound employment & income history. Temporary/contractual and self-employment are considered.
- Hold a favourable credit history
- Be able to inject between at least 10% of the property cost or value
- Be able to service the mortgage instalment in keeping with standard lending criteria
- Have sufficient funds available to pay the mortgage closing costs/fees
- The repayment term should not exceed your retirement age or 65 years
Required Documents*
Evidence of Nationality
Two forms of identification
Evidence of Income
Submit an Original Job Letter & Pay Slip. If self employed, submit Financial Statements for the last three (3) years and Bank Statements for the last three (3) years, stating the average monthly balance. If you are employed on contract, submit copies of employment contracts for the last three (3) years.
Evidence of Savings & Indebtedness
Submit Statements from all Financial Institutions with which you deal, including Credit Unions (monthly payments towards loans must be indicated on these statements).
If you are considering a joint purchase, both yourself and your co-borrower must bring this information.
How to Book Your Appointment
Booking your Pre-qualification Appointment is simple. Just fill out the form with your preferred date and time, and our team will reach out to confirm your appointment.
* Note: Pre-qualification is your first step towards accessing financing. Any future mortgage appointments require a pre-qualification certificate issued within the past 6 months.
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