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Costa Rican Loans offers loans
secured by mortgages on Costa Rica Real Estate. We offer the following programs:
Long Term Mortgages - We finally have long tem mortgages at great rates!
These mortgages are much like those from banks in the States and Europe. We have both private and public sources for these loans. We can loan up 80% loan to value. The only upfront fees are for an appraisal using an appraiser that the lending institution approves.
Contact Us for more informtation!
 Equity
Loans - These are loans that allow you to utilize
the equity in your home for whatever purpose that you wish. These are interest
only loans that varies between 10 to 18 percent per year in dollars, with
a term of one to five years.
We lend up to $250,000 on single family
residences with a conservative loan to value (LTV) of less
than 40%.
Rates and fees: We charge
2 to 10 percent plus the registration and legal fees (1.5 %). Longer tems
are negotiable for low loan to value loans.
Complete
this form to begin exploring the possibilities of obtaining a Costa
Rica Equity Loan.
 Purchase
Loans - If you wish to purchase property in Costa
Rica but do not have enough cash, then you need a purchase loan. The interest
on these loans vary between 10 to 18 percent per month in dollars
with a term of one to five years. We charge 5 to 10 percent point fees
plus the registration and lawyer fees (1.5 %). Longer tems are negotiable
for low low to value deals. We lend up to $250,000 with a conservative
loan
to value (LTV) of less than 30% of the purchase price. First
deeds of trust only.
Complete
this form to begin exploring the possibilities of obtaining a Purchase
Loan.
 Construction
Loans - If you already own land in Costa Rica
and are looking for a loan to build on that land, then you need a construction
loan. The construction loan program lends money in increments based on
a mutually-agreed-upon-schedule as the project advances. These are custom-tailored
loans that take all of the current and future equity factors into consideration.
The rates and terms vary as well depending on the size of the project and
the loans needed. We also entertain partner buyout loans. This program
accepts applications for loan amounts between $50,000 and $5,000,000. The
fees vary between 2 to 10% and interest rates vary between 1 and 3 percent
depending on the term and situation.
Complete
this form to begin exploring the possibilities of obtaining a Costa
Rica Construction Loan..
Custom Loans - If
you have equity in Costan Rica Real Estate and are looking for a loan not
listed above, contact us for a custom designed loan to fit your needs.
Contact Us for More Information.
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More
Information ABOUT
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Equity Loan Program.
Real Estate Purchase Loan Program.
Construction Loan Program.
Custom Equity Loan Program.
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