Financing is becoming more and more popular as a means of purchasing a home in Punta Cana.
On this page we are Featuring our properties that can be purchased with Seller Financing, which means that the seller will take back the mortgage. You finance directly with the Seller of the Property. Take a look at our options and contact us if this seems like an option for you. We can customize financing to meet your needs!
For a Condo or Villa to qualify for a Bank-Originated Mortgage you must take into account the following points:
· The Condo or Villa must have its Individual Title or the Developer must have
submitted the Land Title (or “Mother” Title) for the entire community to the
Bank to hold until the Mortgage is paid off.
· Completed and Signed Loan Documents.
· Proof of Life Insurance.
· Copy of Passport(s).
· Copy of Income Tax Returns.
· Signed Authorization for International Credit Report.
· Copies of your last 3 month’s Bank Statements.
· Monthly Income Statements.
· Open a Bank Account with the Lender.
To buy a Condo or Villa that offers Owner Financing you must take into account the following points:
· Present a Purchase Offer.
· Copy of Passport(s) and Other Identification (DNI, Driver's License).
· Pay the Down Payment required by the Seller.
· Availability to sign the Sales Contract in approx. 3 weeks after the down
payment is paid.
For more information about the Terms of the Seller Financing please contact us email@example.com
Please note that all Rates and Terms are subject to change without notice. REMAX Tropical is publishing Rates and Terms as they have been provided to us by the Lenders. Rates and Terms are locked in once the Loan has been approved.