Loans
General Loans Information



Motor Vehicle Loans

Owning your Dream Car just became a reality with a First Regional Motor Vehicle Loan!

  • Low and competitive interest rates
  • Up to eight (8) years to repay and 
  • Build wealth while repaying your loan 

Please review your checklist

  • Copy Certificate of Fitness and Registration 
  • Valuation Report 
  • Pro-forma Invoice 
  • Copy Import Entry Form (C87)
  • Sale Agreement if purchasing from a private individual and vendor’s Driver’s Licence
  • Copy of Certificate of Title if purchasing from a private individual 
  • Quotation for Comprehensive Insurance Coverage 
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly
  • Job Letter 
  • First Regional’s Declaration of Income and other supporting financial documents (for self-employed members)
  • Acceptable ID – (Driver’s License, Passport, Voter’s ID)
  • TRN
  • Passport size photograph of Member
  • Last utility bill (electricity, telephone or water)
  • Life Insurance  (conditions apply)
  • Credit Report Fee of Two Thousand Dollars ($2,000.00) 

Bill of Sale duly executed in the Credit Union’s favour.

Processing fees will also be applicable

N.B. You may also use a motor vehicle you already own to lower the cost of borrowing for other expenses such as weddings, education, debt consolidation, business investment etc. 

Interested?

Our “Phone A Loan” Representatives are waiting for your call. Dial 876-707-2038/2048/2058 or visit a Branch near you. 



Auto & Home Insurance Loans

Are you in need of funds to insure your Motor Vehicle or Property? 

Let us help you with a First Regional Auto and Homeowners Insurance Loan 

This loan facility is designed to provide you with affordable and competitive insurance loans when you need it the most. 

Benefits

  • Property and auto coverage solutions
  • Competitive interest rate
  • Protection against interest rate fluctuations
  • Fast processing time

 

Terms & Conditions

  • Minimum Repayment period – 4 months
  • Maximum Repayment period – 12 months
  • Can only be granted for Motor Vehicle and Property insurance purposes
  • Asset being insured must be used as the collateral for the loan 

Please review your checklist

  • Identification – Passport, Electoral ID, Driver’s License
  • Taxpayer Registration Number (TRN)
  • Current Job Letter 
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly ((Standing Order and Over-the-counter options available for self-employed members)
  • Paid up Utility Bill
  • Proof of Purpose (Invoice)


NERHA LIFELINE

Life is full of surprises – some of which can result in unexpected expenses, which can cripple your finances. Let First Regional be your lifeline. 

We have an unsecured loan exclusively For Our NERHA Partners! 

If you are employed to the North East Regional Health Authority, this is for YOU!

  • very low interest rate
  • Fast processing time
  • Administered by NERHA and disbursed at your First Regional branch of choice

Documents required for Disbursement at your First Regional Branch

  • Identification – Passport, Electoral ID, Driver’s License
  • Taxpayer Registration Number (TRN)


NERHA EASI LOAN

We have an unsecured loan exclusively For Our NERHA Partners! 

If you are employed to the North East Regional Health Authority, this is for YOU!

  • Reduced interest rate
  • Access with Access Plus [ ATM] Card 
  • Fast processing time and 
  • Build wealth while repaying your loan 

 

Please review your checklist

  • Identification – Passport, Electoral ID, Driver’s License
  • Taxpayer Registration Number (TRN)
  • Current Job Letter 
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly
  • Paid up Utility Bill
  • Passport size Photograph
  • Proof of Purpose (Invoice)
  • Credit Report fee of Two Thousand Dollars ($2,000.00)
  • Member is required to open a Sure Saver Account (minimum $200.00)
  • The loan attracts a processing fee which is paid before the loan is disbursed
  • Repayment via salary deduction 
  • Maximum repayment period of 24 months 
  • Member must have a minimum of $5,000.00 in Share Account if borrowing under $50,000.00 and if borrowing over 50,000.00, a minimum of 10% of the amount being borrowed. 

 

Interested?

Our “Phone A Loan” Representatives are waiting for your call. Dial 876-707-2038/2048/2058 or visit a Branch near you. 



EDUCATORS' EASI LOAN

We have an unsecured loan exclusively for employees of Educational Institutions and the Ministry of Education Regional Offices - Teachers, Administrators, Ancillary

  • Reduced interest rate
  • Access with Access Plus [ ATM] Card 
  • Approval within 48 hours after all requirements have been met 
  • Build wealth while repaying your loan 

 

Please review your checklist

  • Identification – Passport, Electoral ID, Driver’s License
  • Taxpayer Registration Number (TRN)
  • Current Job Letter
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly
  • Paid up Utility Bill
  • Passport size Photograph
  • Proof of Purpose (Invoice)
  • Credit Report fee of Two Thousand Dollars ($2,000.00)
  • Member is required to open a Sure Saver Account (minimum $200.00)
  • The loan attracts a processing fee which is paid before the loan is disbursed
  • Repayment via salary deduction 
  • Maximum repayment period of 24 months 
  • Member must have a minimum of $5,000.00 in Share Account if borrowing under $50,000.00 and if borrowing over 50,000.00, a minimum of 5% of the amount being borrowed.

 

Interested?

Our “Phone A Loan” Representatives are waiting for your call. Dial 876-707-2038/2048/2058 or visit a Branch near you. 



Hospitality Easi Loan

We have an unsecured loan exclusively for our Hospitality Industry Partners! 

If you work within the Hospitality Industry, this is for YOU!

  • Reduced interest rate
  • Access with Access Plus [ ATM] Card 
  • Fast processing time and 
  • Build wealth while repaying your loan 

Please review your checklist

  • Identification – Passport, Electoral ID, Driver’s License
  • Taxpayer Registration Number (TRN)
  • Current Job Letter 
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly ((Standing Order and Over-the-counter options available for self-employed members)
  • Paid up Utility Bill
  • Passport size Photograph
  • Proof of Purpose (Invoice)
  • Credit Report fee of Two Thousand Dollars ($2,000.00)
  • Member is required to open a Sure Saver Account (minimum $200.00)
  • The loan attracts a processing fee which is paid before the loan is disbursed
  • Repayment via salary deduction 
  • Maximum repayment period of 24 months 
  • Member must have a minimum of $5,000.00 in Share Account if borrowing under $50,000.00 and if borrowing over 50,000.00, a minimum of 10% of the amount being borrowed. 

 

Interested?

Our “Phone A Loan” Representatives are waiting for your call. Dial 876-707-2038/2048/2058 or visit a Branch near you. 



Noranda Easi Loan

We have an unsecured loan exclusively for our Noranda Bauxite Partners! 

If you work at Noranda Bauxite Limited, this is for YOU!

  • Reduced interest rate
  • Access with Access Plus [ ATM] Card 
  • Fast processing time and 
  • Build wealth while repaying your loan 

Please review your checklist

  • Identification – Passport, Electoral ID, Driver’s License
  • Taxpayer Registration Number (TRN)
  • Current Job Letter 
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly ((Standing Order and Over-the-counter options available for self-employed members)
  • Paid up Utility Bill
  • Passport size Photograph
  • Proof of Purpose (Invoice)
  • Credit Report fee of Two Thousand Dollars ($2,000.00)
  • Member is required to open a Sure Saver Account (minimum $200.00)
  • The loan attracts a processing fee which is paid before the loan is disbursed
  • Repayment via salary deduction 
  • Maximum repayment period of 24 months 
  • Member must have a minimum of $5,000.00 in Share Account if borrowing under $50,000.00 and if borrowing over 50,000.00, a minimum of 10% of the amount being borrowed. 

 

Interested?

Our “Phone A Loan” Representatives are waiting for your call. Dial 876-707-2038/2048/2058 or visit a Branch near you. 



Easi Loans


Do you have a good credit history and need a loan but have no collateral? 

We can solve your problem with a First Regional Easi Loan.

  • Competitive interest rate
  • Access with Access Plus [ ATM] Card 
  • Fast processing time and 
  • Build wealth while repaying your loan 

Please review your checklist

  • Identification – Passport, Electoral ID, Driver’s License
  • Taxpayer Registration Number (TRN)
  • Current Job Letter 
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly
  • Paid up Utility Bill
  • Passport size Photograph
  • Proof of Purpose (Invoice)
  • Credit Report fee of Two Thousand Dollars ($2,000.00)
  • Member is required to open a Sure Saver Account (minimum $200.00)
  • The loan attracts a processing fee which is paid before the loan is disbursed
  • Repayment via salary deduction (Standing Order and Over-the-counter options available for self employed members)
  • Maximum repayment period of 24 months 
  • Member must have a minimum of $5,000.00 in Share Account if borrowing under $50,000.00 and if borrowing over 50,000.00, a minimum of 10% of the amount being borrowed. 

 

Interested?

Our “Phone A Loan” Representatives are waiting for your call. Dial 876-707-2038/2048/2058 or visit a Branch near you. 



Share and Share & Deposit loans

Build your wealth - Save your money and spend ours! 

The Share and Share & Deposit loans were designed to help you create wealth. Take a loan against your First Regional savings and while our money is working for you, yours is accumulating interest.

  • Low and competitive interest rates
  • Flexible payment terms
  • Build wealth while repaying your loan 
  • Same day approval and disbursement and 
  • Access with Access Plus [ ATM] Card 


Please review your checklist

  • Acceptable ID – (Driver’s License, Passport, Voter’s ID)
  • Adequate savings in your First Regional Account to be used as collateral for the loan

 

Interested? 

Our “Phone A Loan” Representatives are waiting for your call. Dial 876-707-2038/2048/2058 or visit a Branch near you. 



Mortgage Loans

Walk into your Dream Home with a First Regional Mortgage!

  • Low and competitive interest rate
  • Up to Twenty-five (25) years to repay and
  • Build wealth while repaying your loan 

Please review your checklist

  • Executed Agreement for Sale (where purchase is being effected)
  • Valuation Report – on site & for addition 
  • Surveyor’s Report 
  • Copy Title Initially and then Duplicate Certificate of Title
  • Estimate of work to be done
  • Proof of Insurance Coverage (Life and Fire & Peril)
  • Parish Council Approval/Include plan/floor area 
  • Certificate of the Payment of Taxes
  • Proof of Age 
  • Job Letter
  • Three (3) last pay slips if paid monthly, six (6) if paid fortnightly or twelve (12) if paid weekly
  • First Regional’s Declaration of Income and other supporting financial documents (for self-employed members)
  • Paid up Utility Bills 
  • Identification
  • Tax Registration Number (TRN)
  • Passport sized photo
  • Photograph of property
  • Proof of Purpose
  • Credit Report Fee of Two Thousand Dollars ($2,000.00) 

FOR APARTMENTS/PLAZAS:

  1. Evidence maintenance payment and other outgoings are up to date.
  2. Secondary Peril Insurance of Property
  3. Evidence of Strata Insurance


FOR RENTED PREMISES 

How many tenants and how much does each pay?


A processing fee will also be applicable

N.B. You may also use real estate you already own to lower the cost of borrowing for other expenses such as weddings, education, debt consolidation, business investment etc. 

Interested?

Our “Phone A Loan” Representatives are waiting for your call.  Dial 876-707-2038/2048/2058 or visit a Branch near you.