Organisation : National Housing Trust NHT
Facility : Query Contributions Refund Application Status
Country : Jamaica
|You can now ask your question related to this facility. Please go to the bottom of this page.|
NHT Query Refund Application Status
Enter the application reference number provided on your receipt to get Status
Related : National Housing Trust Online Payments System Jamaica : www.statusin.org/7243.html
Contributors are entitled to receive a “Regular” Contributions Refund in the 8th year after the contribution was made. This means if you contributed to the NHT in 2008, then in 2016 you should be able to apply for a refund of all contributions you made during 2008. In 2017 you should be able to apply for contributions made in 2009 and so on.
If you have a mortgage that you received directly from the NHT, then you should not apply for your refund as it will automatically be credited to your mortgage account with an effective date of January 1 of the eighth year. Exceptions to this are:
** persons who received their mortgage via the Combined Mortgage Programme or the Joint Finance Mortgage Programme, or
** public sector employees who are NHT mortgagors and who meet specific conditions. These mortgagors may apply for refunds due from 2014 – 2017 under a special public sector worker concession.
If you are a retiree, an expatriate returning home for good, someone in receipt of invalidity pension from the Ministry of Social Security or the beneficiary of a deceased contributor you may apply for a “Special” Contributions Refund.
Frequently Asked Questions related to our Contributions Refund activities.
If I already have an NHT mortgage, can I apply for a refund?
Yes. However, your refunds will not be paid directly to you. The refunds will instead, be credited to your loan account.
Please note however that if you received your NHT loan as a combined mortgage with another institution or through the Joint Finance Mortgage Programme (JFMP) your refund will be paid directly to you.
Who qualifies for a Special Refund?
Persons who qualify for a Special Refund are :
** Invalidity pensioners
** Migrating expatriates
** Agents of deceased contributors
A Special Refund gives you access at one time, to all the contributions you have made to the Trust.
Who qualifies for a Regular Refund?
All contributors qualify for a Regular Refund. A Regular Refund of each year’s contribution is paid out in the eighth year after the contribution was made.
Why can’t my contribution refund be issued to me even though I have a mortgage
Under the Nht Policy, all contributors with exisiting mortgage will have their refund applied to the mortgage account
Does applying for my refund affect my ability to get a loan from NHT?
A contributor who has already received contibutions refund from the NHT remains eiligible for a loan benefit, once contributions payments are current.
How long after applying will I be contacted?
You will be contacted within 3 working days following the submission of your application.
If I have a co-applicant, whose points will be used for selection?
Only the points of the primary applicant will be used for selection. So, ensure that the person with the highest points is the primary applicant.
What is PIE?
The Priority Index Entitlement (PIE) System is the selection system used by the NHT to award scheme loans to eligible contributors.
Under PIE selection the criteria are :
** Parish of residence or Parish of employment— Applicants must live and/or work in the parish where the development is located.
** Number of points—Points are derived from weekly contributions and current income.
Will I be required to pay a deposit?
Only in instances where the price of the unit is greater than the loan amount granted by the NHT.
How many persons can co-apply for a loan?
Only two (2) persons may co-apply for a loan.
About Us :
The National Housing Trust (NHT) was established in 1976 through an amendment to the National Insurance Act of 1976. We are entrusted with the mission of increasing and enhancing the stock of available housing in Jamaica as well as providing financial assistance to the most needy of our Contributors who wish to build, to buy or to repair their homes.
The NHT also has a mandate to generate funding for the housing construction sector and to promote improved building systems and greater efficiency within the industry