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qxio-email CONTACT US
  • qxif-clockOpen Monday - Friday: 8am - 3pm
  • qxif-map-pinOur Location
  • qxio-android-mailinfo@tranquillitycu.com
  • qxif-phone-square1-868-612-0273
  • qxif-facebook
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qxio-email CONTACT US

Home Builder Loan

At Tranquillity Credit Union, we’re dedicated to helping you finance your dream home. For many, this may be a first home and for some, even your forever home.

Our Home Builder Loan can help you to achieve your goals and we’re here to help you every step of the way.

  • Get the funds you need to construct your dream home.
  • Downpayment required -15%.

With a custom home, every detail is in your hands. Whether it’s a cozy reading nook by the window, a beautifully designed and functional kitchen tailored to your daily life, a luxurious spa bathroom, or a backyard entertainment space, you have the power to bring your dreams to life just as you envision them. Whether you’re looking to expand your living space or build from the ground up, this product is perfect for you Ready to get started? Book your appointment today to discuss your dream home!

Your Dream Home Made Simple

Why our home builder loans are right for you.

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Lower Fees and Interest Rates

As not-for-profit organizations owned by their members, credit unions typically have lower operating costs than banks. This means you can benefit from reduced fees and interest rates, helping you save money over the life of your loan.
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Community Focus

Choosing a credit union means supporting a local institution that is deeply invested in your community. Your membership helps fund programs and services that benefit fellow members and strengthen the area you call home.
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Flexible Lending Criteria

Credit unions often offer more flexible lending criteria, making it easier for individuals with unique financial situations or non-traditional incomes to access the funds they need.
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Member Ownership

As a member of a credit union, you have a voice in how the institution operates. This member-centric model fosters trust and transparency, ensuring that your interests are always aligned with ours. By choosing a credit union, you’re not just getting access to credit; you’re becoming part of a caring community dedicated to supporting your financial journey.

How it works?

3 Step Process to

Get Started

Step 1

Book Your Appointment

Step 2

Get Approved

Step 3

Receive Your Funds

What you will need to get started

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Valuation Report

a document that assesses the value of a property, business, or other asset. It's created by a qualified expert, such as a surveyor or appraiser
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Copy of Deed

a legal document that is an official record and proof of ownership of property
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WASA Receipts/Bills

Copy of bill or receipt showing up-to-date payments
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Utility Bill

Copy of bill or receipt showing up-to-date payments
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Pay slip

Current copy of your payslip
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Builder’s estimate

An estimate provides a detailed breakdown of the costs involved in a construction project.
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Submission of up-to-date land and building taxes

Proof of up-to-date land and building taxes
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Approval to build – Town & Country Planning

Approval from Town and Country Planning to build/go ahead with renovation.
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Job Letter

Letter from employer showing details of employment and renumeration package.