Private Loans in Costa Rica


Financing on purchase and cash out refinances

30 years fixed loans, no prepayment penalty, only for residential homes or condos

Minimun loan i$100 000

Interest rate is  8.5% - 11% depending on credit score.

We are able to lend to anyone that we can establish a credit score for.If you have a Experian, Equifax or Transunion score

 

US Fico Score Rate LTV Max DTI
>= 800 8.5% 75% 45%
770-779 9% 70% 45%
749-769 9.5% 65% 45%
710-739 10% 60% 45%
680-709 10.5% 60% 45%
650-679 11% 60% 45%

 

Origination Charges

Loan origination 4% of loan amount

Processing fee $400

Underwriting fee $1295

Funding fee $175

DOC Prep $400

Credit Report  $100,125/2people

Appraisal fee depends on property ( required 3rd party fee)

Inspection fee : ( required 3rd party fee)

All others fees are normal transaction cost ( attorney fees, transfer taxes and stamps)