Portland Corporative Credit Union

Home Equity Loan

Let the Portland Co-op Credit Union make your land title work for you. You can use the equity in your home or land to obtain loan:

  • to consolidate existing debts
  • for home improvement
  • to purchase motor vehicle
  • to cover educational expenses
  • for business ventures  etc.

How to Qualify

  • Be a member of the Portland Co-op Credit Union
  • Save regularly for at least 4-6 months
  • Be gainfully employed, earning enough to comfortably afford the loan repayment

Documents Required

  • Registered Land Title (photocopy can be submitted for initial processing)
  • Valuation Report
  • Surveyor’s Report
  • Quotation from insurance company for property coverage (if property contains a building structure)
  • 2 passport size photographs signed by a Justice of Peace
  • TRN
  • Valid Identification
  • 10%-20% cash requirement saved in shares
  • Verification of salary (last three salary slips)
  • Letter of employment
  • Letter of authorization from parties on the title (if jointly owned submit parties ID & TRN)
  • pictures of property signed by the valuator
  • Mortgage Fee and processing fee applicable
  • Any  other relevant information requested

Important things you should know

  • The Credit Union accepts first and second mortgages
  • The Credit union offers flexible interest rates
  • There is no ceiling for home equity loans (applicable in keeping with the Credit Union policy)
  • There are no penalty for early repayment
  • Loan is renewable at anytime
Portland Co-opertive Credit Union Head Office

31 West Street, Port Antonio P.O. Box 51, Portland Jamaica West Indies

Telephone Contact

1 (876) 993-2608
1(876) 993-2806
Fax: 1 (876) 993-2003

Our Telephone System Is Down

The main telephone system at the 
Portland Cooperative Credit Union is 
Temporarily Out of Service. 
Sorry for the inconvenience caused, service will be restored at the earliest possible time. 
In the interim you may contact the Credit Union at following numbers. 
Tel: (876) 562-9038 (876) 584-3758, (876) 401-8219 (876) 5842382
Buff Bay Branch (876) 913-6812, (876) 996 1778 (876) 401-8063