Friday, April 16, 2010

Financing for international residents planning on purchasing a home in Central America

We are excited to share our new firm with our clients and friends. We will still be providing project development financing for developers, real estate, and oil and gas. We have several investors that we are working with to provide funds to Central America. Palm Capital has developed a new relationship with an international bank that can provide mortgages to most international residents planning on purchasing a home in Central America.


NEW MORTAGE PARAMETERS


LENDER INTERNATIONAL LENDER
PROJECT TYPE SUITABLE FOR MOST PROJECTS, CONSTUCTION INCLUDED
SECURITY 1ST POSITION
CURRENCY USD
TERM UP TO 10 YEARS
INTEREST 10-12% 12.5% (line of credit)
LTV 50% up to 75% (with developer participation)

Please call or email for more information, we look forward to working with you.

Contact us thru our Costa Rica Real Estate partner Chirripo Realty

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