Quick Answer TTMB (Trinidad and Tobago Mortgage Bank) offers four main mortgage programmes in 2026: the 2% subsidised programme for low-income first-time buyers, the 5% subsidised programme for middle-income first-time buyers, the standard 6% fixed-rate mortgage open to all buyers, and the OMG programme at 4.75% to 4.95% for buyers who invest with TTMB.The 2% programme covers households earning up to...

Quick AnswerMortgage refinancing in Trinidad means replacing your current home loan with a new one, from the same bank or a competitor, to secure a lower interest rate, access equity, or reduce monthly payments.The main costs are a discharge fee (typically 1.75% of your outstanding balance at Scotiabank, plus a TTD $500 administration fee), conveyancing legal fees, and a break penalty if you exit a...

Gone are the days when people used to buy homes whose prices are below the one million dollars price tag. With current economic conditions, most houses listed on the Trinidad Real Estate market cost more than a million dollars. This has been caused by a drop in the purchasing power of the dollar and the ever increasing cement prices, and more recently the devaluation of the TT dollar. A million dollars is...