by Khareem Cabey 
Basseterre, St. Kitts and Nevis – The St. Kitts Nevis Anguilla National Bank (SKNANB) has introduced its groundbreaking OWN Home Mortgage program, a major stride in the financial sector aimed at making homeownership more accessible to citizens of the Federation. This initiative is poised to transform the mortgage landscape in St. Kitts and Nevis, offering an array of benefits to prospective homeowners.
The program features the innovative “SWITCH” Mortgage Loan, offering the lowest interest rate ever in the market at 2.99%. This pivotal aspect of the HOME suite of products is designed to provide more affordable and flexible mortgage options for citizens, especially those looking to improve their existing mortgage terms. With competitive interest rates, SKNANB is setting a new standard in the mortgage industry, making it more feasible for a broader segment of the population to own homes.
Anthony Morton, Executive Manager of Business Development and Marketing at SKNANB, expressed his enthusiasm about the launch, stating, “OWN Mortgage represents a significant step towards making the dream of homeownership a reality for every Kittitian and Nevisian. With flexible terms, low-interest rates, and a commitment to empowering our communities, we believe OWN will transform lives and bolster our local economy.”
The program’s benefits extend beyond individual homeowners, promising to have a substantial impact on the community and economy at large. The initiative aligns with SKNANB’s mission to build financial independence and create a brighter future for the Federation. By facilitating easier access to home ownership, the program is expected to contribute to overall economic development and community stability.
Moreover, the OWN Home Mortgage program is tailored to meet the diverse needs of citizens, ensuring inclusivity in the pursuit of owning a home. This approach is anticipated to improve living standards and foster community development across the Federation.
SKNANB’s dedicated team of mortgage specialists is available to guide potential homeowners through the mortgage process, providing comprehensive support and ensuring a smooth and informed experience for applicants.
The launch of the OWN Home Mortgage program marks a transformative moment in the real estate sector of St. Kitts and Nevis, offering new opportunities for homeownership and contributing to the nation’s economic growth and community development.
