About Us


The Jamaica Mortgage Bank was established in 1971, as a private limited company under the Companies Act of 1965 with an authorized share capital of $5 million. On June 5, 1973, under Act of Parliament No. 16 of 1973, the Bank was converted to a statutory corporation.  The authorized, issued and fully paid-up share capital of the Bank is at present $500 million.

The Jamaica Mortgage Bank (JMB) was established with the mandate to finance safe and affordable housing so that all Jamaicans will have access to home ownership. The JMB seeks to mobilize financial resources for on-lending to private and public sector developers and financial institutions, developing an active secondary mortgage market and providing mortgage indemnity insurance.

Vision

To finance safe and affordable housing so that all Jamaicans will have access to home ownership.

Mission

To be a profitable organization, mobilizing financial resources for on-lending to private and public sector developers and financial institutions, developing an active secondary mortgage market and providing mortgage indemnity insurance in support of the national settlement goal.

Core Values

Core Functions

The main functions of the Bank are:

In order to carry out its mandate the JMB may:

Our Departments

Finance & Accounts

Primary Market Financing

Secondary Mortgage Market & Mortgage Indemnity Insurance

Human Resource, Administration & Corporate Services

Corporate Secretarial/Legal