Jamaica Mortgage Bank Pushing for Lower Home Deposits
The Jamaica Mortgage Bank (JMB) is seeking to have legislation enhanced to allow purchasers of homes to make deposits of as low as three per cent. General Manager of JMB, Courtney Wynter, says that up to 10 years ago, down payments were as high as 20 per cent, but are now in the 10 per cent range. The proposed amendments...









