Government of Jamaica

Loan Limits

Loan TypeLoan Limit
 One ApplicantWith Co-applicant(s) 
Scheme House100% Financing*
Serviced Lot100% Financing* (subject to approval)
Open Market

$9 Million**

$12 Million (where the unit costs $14 Million or less)

$17 Million** (1 co-applicant)

$23 Million*** (2 co-applicants)

House Lot$5 Million

$7 Million (1 co-applicant)

$10.5 Million (2 co-applicants)

Build 9 House LotEach applicant may access up to $3.5 Million to purchase land for a Build 9 cluster (conditions apply)
Build on Own Land (BOL)$11 Million**

$17 Million** (1 co-applicant)

$23 Million*** (2 co-applicants)

Construction FundsThe difference between the current non-homeowner's loan ceiling and the amount previously accessed for House/Serviced Lot loan.
Home Improvement$5 Million$10 Million (1 co-applicant)
Seven (7) Plus$5 Million$10 Million (1 co-applicant)
Smart Energy Loan$2.5 Million 
Solar Water Heater$250,000N/A

 

* 100% financing or up to $15 million available per property, subject to affordability.

** Please note that the loan limits of $9 and $17 million are subject to affordability and other terms and conditions. 

*** Please note that three contributors may co-apply to access up to $23 million where the unit being built or bought is at least two bedrooms (subject to affordability and other terms and conditions).

 

Updated July 2025

Need Additional Funds?

If you need and can afford to borrow more money than the NHT will lend, you can get additional funds from another lending institution under the External Financing Mortgage Programme (EFMP).

EFMP Details