Get more from your mortgage -  Terms & Conditions

Offer ends December 31, 2021

The following definitions apply to these Terms and Conditions:

  • “Promotional Period” refers to the period from August 15,2021 to December 31,2021 inclusive
  • “Promotion” refers to this promotion and not any of the Bank’s other promotions or programs
  • “Eligible” refers to any individual qualified to participate in this promotion
  • "Scotiabank" or “Bank” means The Bank of Nova Scotia Jamaica Ltd.

How to participate

  • Contact any of our Personal Banking Officers
  • Discuss your financials and agree to an independent credit check
  • Request a prequalification letter
  • Receive a letter stating the Mortgage amount for which you have prequalified; including the terms and monthly payments

Special Offer

This Scotiabank Offer will provide applicants with promotional offers detailed in the chart below when they secure the combinations of products  from Scotiabank.

Products

Promotional offer

Mortgage
  • Free BCIC Insurance up to 2% of the loan amount, will be applied to the 1st year’s annual premium
  • 50% Off Processing Fees
  • Up to 95% financing with up to 30 years to repay
  • Affordable & convenient payment options with Scotia Online, Scotia Mobile App & ABMs
  • Joint financing with NHT

Scotia Planned Loan
  • Pre-qualified* low rate Scotia Plan Loan to assist with your home décor or renovation

Credit Card 
  • Pre-qualified AERO Mastercard &/or AAdvantage Visa credit cards with the first annual fee waived
  • Enjoy welcome and spend bonus of up to 12,000 AERO Points &/ or 10,000 AA Miles
  • Take advantage of an introductory low rate of 29% (APR)/33.18% (EAIR) for the first 6 months. See below for further details.

Deposit 
  • Give yourself reasons to save! Open a deposit account and benefit from the market’s most secure debit card

General 
  • Receive expert financial advice
Country Processing Fee Discount Interest Rate Cash Back / Insurance payment
Jamaica 50% 6.99% Insurance coverage, maximum 2% of mortgage amount
Bahamas Competitive Rates 2.50% cash back on the mortgage amount up to US$5,000
Cayman - 4.00% -
Turks & Caicos - 5.25% -

Eligibility

This promotion is open to legal residents of Jamaica, The Bahamas, Turks and Caicos Islands and The Cayman Islands 18 years of age or older interested in taking a mortgage with Scotiabank.

For further details please visit the following websites:

 Country

Websites

Jamaica

jm.scotiabank.com

Bahamas

bs.scotiabank.com

Cayman

ky.scotiabank.com

Turks and Caicos

tc.scotiabank.com

* Trademark of The Bank of Nova Scotia, used under license.