VMBS will be providing access to 100% mortgage financing to self-employed individuals who operate micro-businesses and demonstrate the desire, ability and discipline required for home ownership.

Who will benefit?

• Self-employed persons and employees of micro-businesses such as electricians, owners of public transportation and hair dressers who have not previously accessed a housing benefit
• Contract Workers

Criteria

• Be an active VM Member, or saver for 6 months or more, with all accounts in active status
• Be a Jamaican National permanently residing in Jamaica
• Have a reliable source of income
• Have a demonstrable savings discipline pattern
• Have good bill payment records
• Have an identifiable property for purchase
• Not be a beneficiary of a prior mortgage or housing benefit