Mortgage Blast Loans
The BEST Mortgage Plan,   It's a complete package

Come talk to us about  Mortgage Blast if you:

  • Need a Mortgage Loan to build or buy a home?
  • Already have an NCCU mortgage and need a vehicle, home furnishings and appliances?
  • Need a Home Repair Loan?
  • Have a mortgage at another financial institution and wish to transfer it to NCCU?

Benefits and Features

  • Fixed interest rate of 6.5% per annum on the reducing balance on a mortgage loan
  • Interest rate of 8.25% per annum on loans for a vehicle, furnishings & appliances
  • No processing and commitment fees. No hidden charges
Note:  "Green Loans" are available for purchasing solar panels and water heaters and installing LED lamps at a special  Interest rate of 6% per annum

  • Up to 30 years to repay
  • Borrow funds to build or buy a dream home as well as a vehicle, furnishings & appliances

  • 100% Financing. Get the amount you need
  • Loan protection coverage up to $150,000  is provided at no direct cost to you
  • We arrange affordable insurance coverage to protect your home
  • First-time homeowners receive income tax relief of up to EC $25,000 annually on mortgage interest payments.
  • Save for the future with our compulsory savings plan
  • There is No waiting period if you need to apply for an additional amount or a small loan

  • Attractive Debt Consolidation Packages
  • Apply for a Line of Credit for having "Money When You Need It!"
  • All legal matters related to your mortgage are handled by our Legal Department
  • Through a standing order on salary, NCCU collects and then pays the annual premium on your homeowners' and vehicle insurances


Visit ANY NCCU Branch to apply for your Mortgage Blast Loan.

General Items needed:

  • Resident Members: a minimum of 5% of the loan request in his/her Security Savings (we can work with you to meet this requirement).
  • Non-resident members: a minimum of 15% of the loan request in his/herSecurity 
  • Member Shares based on the amount of loan
  • Employed persons: Most recent pay-slip or salary statement from your employer.
  • Self-employed persons: recent financial statements of business.
  • Your NCCU passbook(s) and photo identification eg Social Security card, passport, driver's license
  • Details of your liabilities and commitments (loans, hire purchase, household expenses). 
  • If the approved loan is $77,000 and more or if you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection coverage.
  • Member Shares/Loans click here!
Click here for further requirements!