The Leader in Costa Rica Mortgage Financing
We Offer 30 Year Loans from US Lenders
Fast Closing Times - Stated Income Loans Available
Click Here to Contact Us Now for a 24 Hour Pre-Approval
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"As a realtor here in Costa Rica, I've dealt with many banks and mortgage companies, located both in Costa Rica and the U.S., and have been disappointed by all of them. Costa Rica Mortgage was the first one that I dealt with that answered my e-mails, returned calls and did what they said they would do. I have been recommending them to my clients."
Geoff McCabe
Owner, Tropisphere Real Estate
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Meet a few of our large and growing community of Loan Consultants located throughout Costa Rica. They are generally deeply experienced US Mortgage professionals who have migrated their career to Costa Rica, where they serve our clients with both product and market intimacy with the highest professional standards:
Janie Kainrath Sam Baugh Torstyn Cole Juan Rodriguez Ray Ramsey
Those of us who work in our corporate offices are dedicated to providing all of our Loan Consultants the tools and support required to deliver all available Costa Rica financing options to our clients with unparalleled service. Our commercial financing specialists work out of our San Jose corporate office as well.
We see ourselves as financial consultants, not as salespeople. We enjoy sharing information about the evolving Costa Rica financial market to those who are interested and will be happy to respond to any question you may have, even if you're not actively looking to purchase a home.
Feel free to contact us with any questions at info@costaricamortgage.net, or complete the form below for a consultation if there is a specific property for which you are seeking financing.
Member of the Costa Rican - American Chamber of Commerce
Affiliate Member of the Costa Rica Global Association of Real Estate
We look forward to simplifying your Costa Rica Financing in 3 easy steps:
Obtaining Financing In Costa Rica Is Finally As Easy As:
1
Initial Consultation
Send us some basic info so we can have an informed consultation with you and select the right product to meet your needs.
2
Submit Application Online
Once pre-qualified by one of our Loan Consultants, all you'll need to do is complete your application online and send us the required documentation.
3
Close Your Loan
We only do business with residential lenders who will close your loan within 7 to 30 days after your application is complete.
This Month on the Costa Rica Financing News
US LENDER MORTGAGES FINALLY AVAILABLE
"International lenders have been in various stages of planning and executing initiatives to enter Costa Rica's residential financing market for quite some time. Many lenders had plans to launch their programs in our market by Christmas 07. However, most experienced major setbacks and strategy shifts as a result of the "mortgage meltdown". Not all of these lenders, however, abandoned their plans and multiple new market entrants are finally offering residential mortgages to foreigners.
Though these lenders neither offer land acquisition nor home construction financing at this point in time, for those borrowers seeking to finance/refinance a finished home, these new programs offer several distinct advantages, when compared to local bank alternatives. Key advantages include:
- Stated Income Loans: For the first time ever, there is a "Stated Income" mortgage product in Costa Rica. Just as with traditional "Stated Income" programs in the US, tax returns or W-2's are not required. Borrower eligibility is primarily determined through job type, credit score and verifiable assets.
- 30 Year Loan Term: Though rates associated with these programs tend to be higher than current local bank rates, loan terms are available up to 30 years. Mortgages offered by local banks generally come with either 20 or 25 year terms. The increase in term from 20 to 30 years will result in a significantly lower monthly payment, even if the 30 year comes with a higher interest rate"
Click here fo the latest issue of the Costa Rica Financing News