Arranging your non-resident mortgage in The Dominican Republic
The general lending criteria for Dominican Republic is as follows, however, this is an indication only as lending desicisions are on a case by case basis and subject to the status of the applicant(s):
Loan to Value: 65-70% LTV
Approx. Rate: 8-10%
Minimum Loan: US$ 100,000
Maximum Loan: N/A
Term: 15-20 years
Maximum Age: 65
Repay method: Repayment
Currency: US$
Additional Info: Mortgages are assessed on the basis of affordability and the amount of disposable income after normal running expenditure. This does not take potential rental income into account.
* Max 65-70% LTV
* Minimum loan Czk 800,000
* Minimum Loan: US$ 100,000
* Repayment mortgages only
* Maximum Age: 65 yrs
* Maximum term: 15-20 yrs
* US$ only
* Approx. Rate: 8-10%
You can contact agents able to assist with your property purchase by completing this form
Think carefully before securing other debts against your home. Your home or foreign property may be repossessed if you do not keep up repayments on your mortgage.
