Mortgage Loan

The JTA Co-op Credit Union Home Loan you can access up to $10M to help with purchasing your home. We can also help you to build on your own land with a loan of up to $2M. If you are a member for more than 6 months and have 10% or more of the value of the loan in your shares, then you qualified to apply! See below for a check list of the things you’ll need

Home Loan Checklist

  • Sale Agreement and evidence of deposit
  • Registered Title of relevant property or location of the
  • Salary verification letter
  • Proof of age (certified copy of birth certificate or valid Passport)
  • Certificate of payment of taxes
  • Valuation Report
  • Last six pay slips
  • Income and expenditure statement (self-employed applicants)
  • NIS & TRN cards

Land Purchase Loan Checklist

  • Valuation report
  • Sales agreement
  • Receipt for down payment

Home Improvement Loan Checklist

In addition to the items on the Home Loan checklist, the following are required when borrowing for home construction:

  • An approved Building Plan
  • A Quantity Surveyor’s Report (with estimated cost)
  • A short form contract


All JTA Credit Union loans are granted based on your ability to repay and the amount of funds saved in your Voluntary Shares. All loans are granted on the condition that your permanent shares satisfy the minimum requirement and your membership in the Jamaica Teachers’ Association is up to date.