How to buy a House/Land in Jamaica using NHT. Step by Step Process Part 1
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- Опубліковано 14 жов 2024
- Hey Girlish Fam! As promised this is my step by step video on what to expect when accessing a NHT loan. I go through some basics you may not know as well as explain the information listed on their site. I will link the site down below for you to get more info. This is part 1, part 2 will include information on the construction loan. As always like, comment, share and subscribe. Walk good.
Disclaimer: I am not employed to NHT nor have I ever been.
Helpful Links: www.nht.gov.jm/
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If you're in the process of doing this now, I pray you receive favour from God for a speedy smooth experience!
awwww I'm not but thank you so much for the kind words. Really appreciate it
Thank you very much
Amen!
Thank You 😊
God Bless You!!!
Amen
Very informative....much better than the employees at NHT
Thank you so much 😊. Glad you found the info helpful
ditto that
So true
You explained it way.... more easier than NHT. THEY NEED TO HIRE YOU
Thank you 😊. I'm glad I could provide some clarity. Lol. Affi go put eeen one application
Hi thanks much, the information was very helpful and informative. Thanks again. Bless up
Very informative,really appreciate it clear like crystal. I'm claiming my home soon.
Thank you. Glad you found it helpful. And yaaas I hope you get the house soon 😊
I have been scrolling through your channel and I must say you are very concise with the information you give. I am a 20-year-old and I am very interested in owning my house soon. I am glad you emphasize that we should start to save and that's what I am currently doing.
Thanks for watching 😊. Really glad you are find the content helpful. Genuinely want to help people on this journey because honestly it's challenging. So whatever knowledge I can share I do.All the best in owning your home
Been watching you for over a year, I am currently in the middle of the land buying process, your video helped me out big time and prevented me from being scammed earlier!
Oooh wow. Love to hear these things. So glad I could be helpful. That's why I make them so I can help you guys. All the best going fwd and congratulations on making this step 😊
I am 16 and I am trying to have my own house before I reach 20 years old. Thank you for the information 📄
No problem. All the best
I needed to hear this thank you for posting.
You're welcome 😊. Glad you found it helpful
Mi like deh girl yah, you are on point, God blessed you, thanks for the info, although when you done it sound hard 😄
🤣🤣🤣 you are very welcome my dear. A nuff tings yes. Lol. But it can do man.
Your energy is vibrant.
Thank you 😊
You did that . Great job you were very clear and informative
Good job .. people overseas need this information. Now am watch part 2 .
Thank you. Really happy u find the content helpful 😊
Me too
Hi Girlish! Love 💕 you! Your videos make me feel alive!!! You bring the information so precise and clear, that a 7 year old or someone with a short attention span can follow, comprehend and actually listen and watch till the end! Thank you 🙏🏾
Lol. Glad u like the content
Hi my dear, ur so comical..the info was so vital to me..you articulated all that very well..pls I need to speak with you but I'm overseas
U can reach out on my Instagram page
Lawd di process lang, but your video was extremely informative suh mi nuh regret it. Thanks much for making this series.
Lol. No problem
Really solid information. much apprecuated
Thank you 😊. You're welcome
This is the best video on NHT loan 💯💯💯💯💯💯💯❤
Thank you. I appreciate that
Thank u for d info , it has been a big help to me
TRUST ....Girl you are simply the best and I am not one to GASUP YUH HEAD. Your thorough and transparent in your presentation. Your a winner.
Thank you so much. I truly appreciate it.
Greetings. I just watched for the first time and I subscribed. I think your information was on point. You covered a lot that someone like myself who has an interest can walk away with foundational information, you’ve set the foundation. Now I will start working on these items because I know how exhausted this can be especially if you’ve never done it before. Thanks. You’re awesome. Keep up the good work.
Thank you so much for your kind words. Nice to know you found value in the content and thanks for subscribing. It did take some research on my end so glad it helped. All the best with ur home ownership journey 😊
Yes
OF this you are God sent and the information that you have provided is very important and valuable thank you very much 😊 🙏
Awww thank you. Glad you found it helpful
At the final bend of my process. Took in my commitment letter from NHT to the lawyer. Your videos are my guide. Gonna start rewatching the construction loan video now, cus that's where I am off to next!
Oooh wow. Congratulations. So happy my videos have been helpful to you. Bwoy that construction part is a journey. I may do a follow up video with tips. Just be patient though
Did your loan process take more than 90days?
@@janicewalker716 can't say. Its still in the first month
Exceptional young lady very informative very clear and precise
Thank you 😊.
I love this still i learn alot in this video and now i know what is what
Thank you 😊. Happy to hear that it has been helpful
This was super helpful. More helpful than contacting their cs team to be honest.
I'm glad you found it helpful 😊. I tried my best to make the info as simple as possible
@@Goldilocspunky it was well done fam. I tried contacting there customer service team and the information was VAGUE. I believe this helped a lot of people.
Valuable information, thanks much. I came right over from your Catherine Estate blog.
Keep up the excellent work. ❤
Great info... Very informative. God bless you. May God equip us with his Angels to see us through this process 🙏🙏🙏
Thank you for your kind words.🙏🏼🙏🏼 So glad you found the info helpful 😊
Nice . Really good advise.
Precious knowledge for the wise. Thanks to you alot plentifully
Welcome 😊
Thank you so much for this video, it's very helpful!! I've seen a lot of videos regarding NHT and TRN but not any regarding the NI Scheme. Would you please make a video about the NI Scheme? How to join, contribute etc because I know it's a requirement when applying to NHT.
You're welcome 😊. Don't know if that would be enough info for a video but the information should be on their website. Or u can call. You used to have to go in person but not sure with covid if that has changed. Should be pretty easy to get though
@@Goldilocspunky if it’s not enough for a video then maybe it’s pretty simple. Thanks for replying I’ll deffo give them a call in the future to get more info🤗
@@OfficialTashika yeh man no problem. 😊
Great video! Thanks for covering everything in Part 1 and part 2
Thank you 😊. You're welcome. Glad you found it helpful
Mi a throw nht but pon the other hand wonder if it mek sense for me all lawyer mi aff get smh mi stress out a swear kmt that too much mon I was watching ur video and just to hear this
Hi I like your video keep up the good work
Thank you 😊
You were very good, thank you for your information, I would love more information for people who lives overseas and want to buy or build. Especially from the US.
Thank you 😊. Well what i know is that you contribute based on what your salary is overseas. So you can have a family member go and sort it out for you or when you come back. I know some persons have the option to pay quarterly. So you can look into that. I don't know if there is an option to pay from overseas so you can find out about that as well
Thanks for the insight information, i found it very interesting.
No problem. Glad u found it helpful
Its helpful...will be sharing...part 2 is where my real interest will be. Thanks girl.
Thank you so much. I appreciate that. I will be uploading that one either tomorrow or Wednesday so it's coming soon. Just look out for it 😊
Chances are it nah guh tek less than the 3 months lol. Facts
😂😂 talk truth.
Wow thank you so much for the step by step information
You're welcome 😊.
Very helpful, this was the first video I clicked on and I'm happy I did, very informative!
Thank you 😊. Glad you found it helpful
This was very helpful ,Thank you!
Glad you found it helpful 😊
Supposed the house is more cheaper than the seller is selling it for when it's been valued where do we go from there ?
You were very helpful and hilarious. Thanks for being so detailed.
Lol. You're welcome 😊. Glad it was helpful
Love this. Very informative. Didnt know you had to source your own lawyer.
Thank you 😊. I am so happy you found it helpful. It may be different for the nht developments. Not sure so you can look into it. Open market ones for sure. The other one has even more tips so look out for it 😊
Very helpful and informative, thumbs up.
very informative...mi sorry mi just a see this
Thanks for all this information very informative 👋🏻👋🏻🙏🙏🙏🙏🙏
You're welcome. Glad it was helpful 😊
Hey, can you do a bideo with info on jow to do down payment, differen fees ets when buying a house on open market
Hi. I will be talking with a real estate lawyer for an upcoming video. That info should be in there so you can stay tuned. Turn on the notifications so you don't miss it. The video may not always pop up on your feed when you subscribe
If after conducting the surveyor's report and the property is breached then they'll process the loan on the condition that a lawyer will do a modification through the Supreme Court. Process ranges from 6 months to 1.6 years.
First seeing your Channel
Thank you for subscribing 😊.
Very informative video. In regards to the eligibility letter, does nht charge to furnish it and how long does it take to get it from them
Hi. No they don't charge. It's a standard letter so it can be same day I think. But best to have them give that info
Very informative. Thanks.
Glad you found it helpful 😊
Thank you VERY VERY much for this information!!!
You are welcome 😊. Glad you found it helpful
Girl, me de ya a plan fe next year, lol.
Lol. Ok good. Make sure u save as much as you can
I appreciate this video soo much. Thank you!
You're welcome. I'm glad you found it helpful 😊
I really appreciate this!!!!!!! Thanks
Thank you. You're welcome 😊
Loool, you're so funny. Thank you for this info 🙂🇯🇲
You're welcome 😊. Glad u found it helpful
Oh wow I learnt so much. Thanks a lot
Yaaas I love to hear things like this. You're welcome 😊
Very good 👍
Thanks for the info, very helpful 👍🏽
thank you. I'm glad you found it helpful
This was really informative I heard you said you worked in the medical field. Are you a RN cause I wanted to talk to you personally about this process while beign a RN.
Hi. No sorry. I'm not an RN. You can reach out on Instagram though and I will see how best I can assist you
Good night and I am most grateful for the information. I have two questions. What is the process for someone living in the US and do you know if there is a program for foreigners? Than you
Hi. You're welcome. I have a video about overseas contributions. ua-cam.com/video/_WSplfYgY0s/v-deo.html. Hopefully that answers your questions.
This video was very informative and funny😂😂😂😂😂😂😂😂😂😂
Lol. I'm glad you liked it
A lot of great information are you on Instagram ?
Thx girl for the info
You're welcome 😊
appreciate the info. Much thanks
You're welcome 😊. Glad u find it helpful
Is it safe to use a paralegal?
Well needed info thanks much
You're welcome. Glad you found it helpful
Hey good day I found this info very helpful just had a question do you or does anyone know of the process if you found a house being sold under foreclosure
Hi. No I don't have that info. Best to reach out to NHT
Really appreciated this video
Glad you found it helpful 😊
Is it cheaper to buy a house or build it these days
Building can be cheaper and you get way more value for your money. It is the more stressful option though and time consuming. Also bare in mind if the work men mess up essentially that can cost you more in the long term.
Thankyou . It's something to think about.
Thankyou . It's something to think about
#ifollowjesus
Nice explanation
Thank you 😊
Do you have to contribute to NHT for 1 year straight or is 52 weeks accumulated?
Hi. Straight, not accumulated
Very informative.
Thank you 😊.
Can you say if NHT reimburses the the deposit made by the purchaser?
Not sure enuh. I know in some instances they pay lawyer fees depending on cost of property.
question in the case you are going through a real estate agent will you still need to do all those stuff or will the real estate agent deal with the hard work and you just carry the documents to NHT to be approve?
Hi. I'm not sure actually. Sorry. There are a few agents on Instagram and UA-cam even. You can reach out to one of them. Or just Google one close to you and give them a call
Property tax for what? The land or house being source or your present residence?
The one that you are purchasing. Those will need to be paid up. The seller should take care of this
Hopefully, I get some answer to this question. Can I merge my bank loan with my spouse's nht loan to purchase land. Or only 2 nht loans can be merged? Also, is it possible to have nht loan on a housing unit and another separate nht loan for another piece of land at the same time? Bearing in mind the separate loan limits that apply for each, and my ability to afford both at the same time?
Hi. Nht allows joint financing so first one would be a yes. As for the second question I don't think they give 2 loans at once to the same person. But it's best that u call them. They are usually pretty easy to get thru 2
So you can’t pay up your NHT contribution ASAP in order to get a loan... for example for self employed individuals?
Not sure I understand this question but for clarity on this I suggest reaching out to them. Remember I am not an employee there so some information I would not be able to provide
Yes you can pay as self employed if that's what you're asking. You have to do so though Tax Administration Jamaica. You pay online ALSO IT HAS TO BE UP TO DATE FOR THE LAST 6 MONTHS. So if you missed a month even if you pay up , the 6 months start all over
I would love to buy land in jamaica but I'm overseas. Where can I get affordable land in any parish apart from St Catherine and St James?
Hi. That part I wouldn't be able to say for sure. Would be best for you to maybe search through gleaner online as well as reach out to a couple realtors. They would be better able to tell u
@@Goldilocspunky thank you. Will check the gleaner online
Did you look on www.realtor.com/international? Search "Jamaica" and filter results to land only then sort by price or whatever is priority.
Oh lord plz help me 🙏🙏🙏🙏🙏🙏
He will 🙏🙏🙏
NHT says 100% financing, yet in their online application they ask if you have savings or if you would like a contribution refund to put towards the house. That makes no sense.
It's 100% financing is your salary allows. You still need to be able to afford the payments. So in the event that your salary can't cover they give you options. Hope that clears it up
Thank you
You're welcome
If my wife is a nurse and we take a combined loan to construct will we pay 3% on the loan or it would be separated?..
Hi. Not sure how that would wrk. Please reach out to NHT for clarity
U each would be undertaking the loan so u both would be paying separately.
Can you cover this process from an ex-pat perspective..?
Hi. In what sense. Getting the loan while being overseas or contributing. If it's contributing then I have a video covering that. ua-cam.com/video/_WSplfYgY0s/v-deo.html
Why did this stress me out but what’s a scheme unit cause that’s different for the first two things building on you own land and something else
Oooh no. Don't get stressed. Made this video to try and make the process easier. As for scheme unit I am not sure what you are referring to. I know of NHT developments which are houses NHT builds and offers full financing for.
Girlish876 lol it’s not you you we’re actually great at explaining it’s just the whole going through all those steps. Lol thanks for the great video though better to know than not know🙂
@@shanaleeayee2995 oooh. Lol. Yeh it can be stressful yes. Alot to think about. But just take it on step at a time. You got this 👍🏼
Thank you very clear
Thank you. Glad you found it helpful 😊
To the point
Very informative 👍🏾
Thank you 😊.
Yes 👍👍👍perfect 🔥🔥🔥🏡
How do you sell a House or Land thru NHT?
Nht doesn't help you to sell a house or land to my knowledge. Unless you are not keeping up with your mortgage then they auction it off. They assist you to purchase property on the open market or one of their developments. So I would encourage you to possibly seek out the assistance of a realtor if you are trying to sell.
@@Goldilocspunky ok
Very information!
Great information
@@cchristie9246 thank you 😊
I live overseas and want to purchase a house in Jamaica so how can i do that?
Hi. I think the best way to go about that is to have a lawyer acting on your behalf. So I would say reach out to one over here and get advise from them. U can also try a realtor. That may be able to give more info
Love this
😊
So once u get the commitment letter it show that u get the property, because the loan as approved?
Yes.
Thanks much..you doing a great job giving persons like me all the information so l can get ahead.. God bless.. now l am happy because l recently get a commitment letter but was worried why them taking so long!
@@mrlainglove8119 the actual transfere of the money takes some time. But you can call and follow up. They will be better able to guide you so I would say reach out to them
Thanks
If i live overseas how long you suggest i come down for to buy a house through NHT?
Hi. Not sure actually but atleast a month i would say so that you have time to get everything together. Find surveyor and xyz
This all sound so confusing but thank you for the info because I want to start the process but through the COVID situation everything is back track. But who gives you all those documents?? After contribution then they give you all that documents to take to your loan interview. You was saying it so fast lol
Lol I'm sorry. I talk fast naturally. Just replay. The documents will come from several places. The surveyor gives you his report, your personal documents u will already have, some comes from the lawyer etc. Click the link in my description. It takes you to the nht site and shows you all that you need. That may be easier for you to follow. I think nht now has an app also so u can utilize that to get more info. Hope this helps
You can pause the video and write down the process... (why do you complain about something so obvious).🤥
@@Goldilocspunky ....I love your thoroughness and clarity. I would love to be apart of the Girlish family. Please reach out.
@@garialmarsh6721 thank you. U do youtube as well?
Actually I'm In Canada and i started the process in April with JN with s broker..im still going through process even with COVID..I'm at the end of it but I'm awaiting for Jamsican Government stamps and all that for the title etc..So I'm thinking about December of this year it should be finalized..Of note most of the communication was done via email...make sure you seek out a jamaican overseas that will assist with notarizing docs that Jamaica sent via FedEx...some docs you cant respond via email..original signatures are required
What if you are not a citizen but your spouse is? Can you still join the NHT???
Hi. You're spouse should be able to but they will have to figure out the amount to contribute if they aren't already doing so. That is calculated based on their current salary. So reach out to them. I don't work there so I am not sure about you. I advise to reach out to them for clarity
@@Goldilocspunky many thanks for your quick response! Greatly appreciated, we will definitely get in contact with them to find out!
@@chwa3504 no problem 😊.
To the amount of tings you affi do fi one little loan it discouraging 😅😅
Lol. It can be. But if it's something you really want don't get discouraged. Many have gone through it before and have been successful