Loan Products
TCCU offers flexible, affordable loans to fit your goals – whether you’re building a home, buying a car, growing your farm, or covering personal expenses. With competitive rates and fast approvals, we make borrowing simple and stress-free. Apply today and move forward with confidence.
Mortgages
Make Homeownership a Reality
Own the home you’ve always dreamed of with a TCCU Mortgage. Whether you’re buying land, building from the ground up, or refinancing, we offer flexible terms, competitive interest rates, and personalized support every step of the way.
What You Can Use It For
Purchase of residential land or home
Construction of a new home
Completion or renovation of an existing property
Refinancing of an existing mortgage from another institution
Loan Features
Loan Term
Up to 35 years
Interest Rate
Competitive and tailored to your credit profile
Repayment
Flexible repayment schedules based on your income and loan amount
Disbursement
Lump sum for purchases or in stages for construction
Processing Time
Efficient application and approval process
Minimum Deposit Required
Typically 5 -10% of the property value
Required Documents
These required documents below vary depending on the purpose of the mortgage.
Government-issued ID (e.g. National ID, Passport, or Driver’s Licence)
TRN (Tax Registration Number)
Proof of Address (utility bill, bank statement, or JP letter)
Job Letter and 3 months recent payslips
Sale or Purchase Agreement (for property purchase)
Valuation Report (completed by an approved valuator)
Surveyor’s ID Report
Approved Building Plans (for construction)
Bill of Quantities or Contractor’s Estimate
Title or Proof of Land Ownership
Statement of Purpose
Security/Collateral
Property being purchased or constructed is used as collateral
Life insurance and property insurance on the property are required
Why Choose TCCU
Personalized support from pre-approval to payout
No hidden fees
Quick processing and local decision-making
Trusted by families across Trelawny for over 50 years
TCCU Loan Products Comparison Table
|
Loan Type
|
Collateral Required
|
Typical Use Cases
|
Loan Amount
|
Interest Rate
|
Repayment Term
|
Key Benefits
|
|---|---|---|---|---|---|---|
|
Unsecured Loan
|
No
|
School fees, home repairs, medical bills, personal expenses
|
Up to $2,000,000
|
Competitive fixed rate
|
Up to 5 years
|
No collateral required, fast approval, flexible repayment terms
|
|
Cash Secured Loan
|
Yes (TCCU savings or fixed deposit)
|
Any purpose while preserving your savings
|
Up to 95% of savings value
|
Lower than unsecured loan rate
|
Up to 10 years
|
Funds remain in your savings, lower interest, same-day processing
|
|
Mortgage Loan
|
Yes (Property being financed)
|
Home purchase, land acquisition, home construction
|
95% of Property Value
|
Competitive long-term rates
|
Up to 35 years
|
Long repayment term, construction stage disbursement, personalized guidance
|
|
Auto Loan
|
Yes (Vehicle as collateral)
|
New or used vehicle purchase
|
100% Financing
|
Competitive rates
|
Up to 10 years
|
Up to 100% financing, preapproval, insurance assistance
|
|
Unsecured Farmers Loan
|
No
|
Seeds, fertilizers, labour, short-term farm expenses
|
Up to $2,000,000
|
Affordable unsecured rate
|
Up to 5 years
|
No collateral required, fast access to funding, designed for smallholder farms
|
|
Secured Farmers Loan
|
Yes (Savings or physical assets)
|
Crop expansion, irrigation, livestock, equipment
|
Up to 95% of Collateral Value
|
Lower rate for secured loans
|
Up to 10 years
|
Fexible repayment options, collateral-backed, scalable farming support
|
