LABORIE BRANCH

758-459-6900

VIEUX FORT BRANCH

758-459-6925

CASTRIES BRANCH

758-459-6939

LABORIE BRANCH

758-459-6900

VIEUX FORT BRANCH

758-459-6925

CASTRIES BRANCH

758-459-6939

Land Loans

Have you found the ideal lot?
Perfect location, the right size and a great view, but you’re not yet ready to build?
No problem! We offer land loans at competitive interest rates to get you started on the road to owning your dream home, so that when you’re ready to build, we’ll be here to continue the journey with you.

Requirements for Land Loans

SECURITY REQUIREMENT

AND A MORTGAGE

1 % CASH

REPAYMENT PERIOD

MAXIMUM

1 YEARS

Other Requirements

Letter from employer stating length of service
Recent salary slips
Required share deposit
If self-employed, evidence of income
Funds for legal fees
Vendor’s letter stating price and willingness to sell
Copy of vendor’s Deed of Sale

Copy of Land Register (recent)
Copy of appraised value of the property done by an approved Valuer and addressed to the CreditUnion
Evidence of status of both vendor and purchaser at Income Tax Department
Evidence of status of both vendor and purchaser at NIC
Life insurance assigned to the CreditUnion

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Laborie Co-operative Credit Union

Laborie Co-operative Credit Union Ltd. is a financial co-operative established with the mandate to improve the quality of life and standard of living of its members for the entirety of their lives.

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