As Jamaica’s housing market continues to evolve, with increasing demand and diverse needs, JN Bank is taking steps to drive homeownership through the reintroduction of its ‘Billion Dollar Club Promotion’.

 The incentive programme targets realtors and developers who refer clients to the bank.

The initiative, which is open to licenced real estate professionals, registered developers and salespersons operating across the country, includes commission payments and exciting prizes.

Delroy Scarlett, chief of retail sales at JN Bank, said the initiative has been designed to create pathways for more Jamaicans to achieve long-term wealth and financial security, while strengthening its already solid partnerships with professionals in the real estate sector.

He commended the professionals in the sector for their dedication to helping more Jamaicans realise their dream of homeownership. 

“We recognise the efforts these professionals put into helping their clients, and through this initiative, we hope to make their hard work even more rewarding,” he said. “As the foremost mortgage experts in the market with 150 years of experience, JN Bank has empowered countless individuals to achieve their homeownership dreams and strengthening our partnerships in this way will ensure more Jamaicans can have timely access to the support they need to make homeownership a reality.”

Scarlett noted that the programme not only enhances access to home financing but also can leverage the strengths of JN Bank’s broader partnerships within the JN Group and real estate sector. 

“With JN Bank, homeownership is certainly within reach through our unique offerings, including up to 100 per cent financing, financial assistance available to cover property down payment, closing costs and the ability to ‘design your mortgage’ through the variety of mortgage options we offer. And we go beyond providing financing to persons even above the age of 70 years. We also connect members with trusted experts at JN Properties and JN Life Insurance, for instance, to ensure a fully supported journey from finding the perfect property to protecting it with the right insurance. Through our strategic partnerships we can provide guidance and support for every step of the journey, which can sometimes be overwhelming,” he outlined.

The ‘Billion Dollar Club Promotion’ features enticing incentives, including a grand prize of an all-expenses-paid cruise for two on Royal Caribbean. 

Under the programme, each individual who refers a proposed mortgagor to JN Bank that results in a mortgage loan application being approved and funds disbursed by the Bank, will be eligible to receive rewards.

“The variety of prizes in this promotion reaffirms our belief in the power of collaboration. By offering these rewards, we aim to motivate, celebrate, and further strengthen the partnerships that drive the success in Jamaica’s housing market,” Mr Scarlett reiterated.