Tips For Constructing Your Own Home
1: Find out what you can afford: Visit an approved lending agency to assess your financial status. 2: Seek legal advice: Engage the services of an attorney dealing in land matters to ensure that there are no legal and/or financial encumbrances to the land (e.g. by conducting a title search). To avoid any complications, it
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Tips for constructing your own home
Here are 7 tips to help you with your home construction process: 1: Find out what you can afford: Visit an approved lending agency to assess your financial status. 2: Seek legal advice: Engage the services of an attorney dealing in land matters to ensure that there are no legal and/or financial encumbrances
Read more2017: Year in Review
As the year draws to an end, let's take a look at some of the moments that made 2017 special. We would also love to take this opportunity to wish you and your family a bright and prosperous 2018. Read more
Steps to purchasing a home on the private market
Know Your Budget After living expenses, how much is left for saving towards a home of your own is there enough left over after living expenses to service a mortgage? If you are thinking of approaching a financial lending agency, how much do you think you will you be able to qualify for based on Read moreKeys to Home Ownership of Government-Subsidised Housing
Once you meet the qualifying criteria* you can submit an application to the T&T Housing Development Corporation (HDC) for consideration of possible allocation primarily through a random selection draw process; Once the HDC identifies a housing development or units within a development that are ready for distribution, the HDC would then request approval of selling Read moreSteps Involved in the Allocation of Public Housing
Steps Involved in the Allocation of Government-Subsidised HousingHousing Application Complete and submit a housing application online at www.housing.gov.tt ; www.hdc.gov.tt or via hard copy at the Ministry or the HDC’s offices Reference NumberReceive a housing reference number from the Ministry or the Trinidad & Tobago Housing Development Corporation (HDC). Modified Random Selection DrawOnce a housing Read moreOwning your first home has never been this easy through the TTMF
The Government of the Republic of Trinidad and Tobago has revised the Affordable Housing Programme. If your household income is $14,000 or lower per month, you can now access 2% mortgage financing for properties (HDC or on the Open Market) valued up to TT$1,000,000. Features of the 2% facility: A graduated payment mortgage arrangement is Read moreSteps in purchasing a home on the private market
Determine your budget The first step is to determine your budget. How much will you be able to afford in monthly payments? If you are a couple purchasing your first property then its 35% of your joint monthly income. Credit Score and Mortgage Availability The next step is to determine your credit status by visiting
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