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Special Interest Rate For Jamaican Public Sector (Government) Employees Who Are NHT Mortgagors

Did you know that, effective July 1, 2010, public sector employees who are NHT mortgagors, will be granted a special 1% reduction in the interest charged on their loans for the next three years. This is in addition to the 1% interest rate reduction being offered to all NHT mortgagors. Outlined below, are procedures to [...]

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Use Your NHT Contributions Refund To Finance A Deposit

Effective January 1, 2011, National Housing Trust (NHT) contributors may apply for a loan against NHT contributions that are being held on their behalf, in order to finance the deposit on a residential property which will be funded by way of an NHT mortgage. Annual contributions refunds will be applied for the repayment of this [...]

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New NHT Policies Mean Bigger Loans, Lower Rates, More Options

Three of the new polices recently announced by the National Housing Trust (NHT) are now in effect. These policies are: (1) the reduction in interest rates, (2) increase in loan limits, and (3) the removal of the 5% deposit on Scheme loans. Their effective date was May 1, 2010. Another policy which the NHT had [...]

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How Young People Can Own Their Own Home Through The NHT

The National Housing Trust (NHT) recently implemented certain changes that now make it easier for young professionals to own their own home. Here are the changes: Typically, the length of time that you’ve contributed to the NHT is one of the key factors used to determine whether or not an individual will qualify for a [...]

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