Costa Rica MORTGAGE SA - Home
Residential
As 2010 unfolds, the Costa Rica banks are just beginning to extend the types of mortgage loan programs which existed prior to the global financial crisis.
In March 2010, bank financing is finally available for qualified borrowers with favorable loan terms :
- 25 Year Amortization
- 8% Fixed Rate for 5 Years
- LTV Varies Based on Property Type and Location
Additionally, our portfolio of private loan, hard money lenders are capable of funding 1-3 year Costa Rica real estate loans in as little as 1 week. Private lender, hard money, Costa Rica property loan parameters:
- Finished Construction Preferred
- Central Valley Properties Preferred
- 30% - 50% LTV
- Interest Only Payments
- Interest Rates Between 12-18%