Facility Offered
- Purchase of Land
- Purchase of House and Land
- Construction of House
Value of Facility
Qualifications
- Permanent employment with T&TEC, Powergen, Trinity Power and eligible for EHOP through Republic Bank.
- Member of TATECO with regular savings for at least one (1) year.
- Capacity to service the facility
- Share Capital must be at least 10% of value requested but not less than $25,000.
Conditions
- Proper title of property
- A first freehold mortgage in favour of TATECO.
- Life term Insurance in the amount of sum borrowed.
- Up to date receipts for WASA and other Statutory bodies.
- Satisfactory Credit report.
Documentation
- Letter from Employer
- Payslip
LAND ONLY
- Copy of Agreement sale
- Copy of Land Deed or Copy of Memorandum of mortgage and Certificate of Title
- Current land and building tax receipt
- Current WASA clearance certificate
- Valuation report (not less than (6) months)
- Completion Certificate
- Insurance Policies (as per Conditions(4) and (5))
CONSTRUCTION
- Approved plans
- Builders estimate
- Copy of land Deed
- Current WASA Clearance Certificate
- Town and Country approvals
- Insurance policies
- Loan Application form
