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Land Loans

Land loans are offered for a period of seven (7) years up to a maximum of ten (10) years.

The following documents are required on application:

  • Identification (Barbados National Identification Card, Passport or Plastic Driver’s License)
  • Most recent Job Letter
  • The last three (3) months Bank Statements OR for self-employed applicants the last six (6) months bank statements plus the last three (3) years audited financial statements
  • Copy of purchase sales agreement with the plot plan indicating the location and size of land
  • Valuation report on the property
 
N.B.: Land purchase loans are financed up to a maximum of 90% of the purchase price.

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