The aim of this quiz is to assess your knowledge of our Money Shops and the loan acquisition process
A JN Moneyshop is a convenient service oriented “community bank” geared to providing quick service to members and customers to access most JNBS products and services, along with other services.
Money shops operate as part of the JNBS network of distribution channels, but offer extended hours.
A & B
None of the above
Montego Bay
Portmore Pines
Port Maria
All of the above
June 14, 2014
July 7, 2014
July 30, 2014
July 14, 2014
True
False
Barbican
JN Financial Services Montego Bay
Junction
Spanish Town
St. Ann's Bay
Will only process Teller Transaction
You can apply for an ATM Card at any of the locations
All the locations closes at 1:00 pm
No customer service
Spanish Town
Highgate
Barbican
Tivoli
HWT
$50
$100
$150
$200
A debt instrument which creates an interest in specified real property to secure the repayment of a loan of money
Using a title to secure a loan to purchase a solar water heater
A. & B
None of the above
My 17 year old daughter who has her driver's license can access a mortgage
A registered Company, Churches, Employees and affiliated parties can access mortgages
Only persons who have a Savings Account with Jamaica National can access a mortgage
Persons who are unemployed can get a home loan
Principal & Interest
Peril and/or Life Insurance premiums
Upkeep (if applicable)
A. B. & C.
Your income, which determines the size mortgage that you can qualify for
Funds being deposited monthly to your Savings account
Mortgage payment should not exceed 1/3 of your gross monthly income
Income after deducting expenses should be able to cover monthly payment
Two persons applying for a Mortgage Loan
This is a partnership between the National Housing Trust and JNBS
Processing your mortgage at two different Institutions
None of the above
95%
85%
75%
90%
True
False
True
False
A loan for my chil'd tuition
A loan to purchase a home
A loan to pay hospital fees
A loan to purchase an office building
True
False
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