Assistance:
The team at Costa Rica Immigration & Moving Experts will assist you with all of the acquisition of your paperwork required for one's legal status. This is a no-stress process!
Money Available to Lend
in Costa Rica. .
We're seeking private lenders as well
Excellent returns on your investment
Residual Monthly Income
Secured by Local Real Estate
Contact Us to set up an initial consultation. .
Our mission is to connect people and complete a fair and balanced transaction between those who need financing and those who want to invest. We have years of experience working with private lenders specializing in investing in Costa Rica, with legal, marketing and development expertise working to maximize their investment returns.
Since 2008, we’ve helped many people achieve their goals with strategic financing options. . and there are many!
Pursuing a traditional bank loan can be highly time-consuming and expensive, with double-digit interest rates and an enormous amount of paperwork. Private lenders will normally provide loans with 6-month to 3-year terms, filling the gap quickly and efficiently for qualified borrowers looking for short-term solutions.
We employ well-trained, professional consultants and analysts acting in the best interest of borrowers and the investors we represent. The industry has changed significantly over the last decade, and we have emerged as a conduit for you to access qualified investment opportunities.
Conversely, our lenders offer competitive interest rates based on the loan-to-value (LTV) ratio for Costa Rica, with an average rate of roughly 12-16% per year. As a general guideline, subject to variations, an LTV ratio of 10% might correspond to an interest rate of 12%, a 30% LTV might be associated with a 14% interest rate, and an LTV between 40% and 50% could lead to an interest rate of approximately 16%.
The borrower is responsible for covering closing costs comparable to those in traditional banking, including their standard expenses and potential undisclosed fees, particularly in Costa Rica. The total closing costs charged add up to approximately 8%, covering all associated expenses, such as consulting and lawyer/notary fees to place the private mortgage on the property. These costs are deducted from the total loan amount at closing.
In addition, we recommend a 1-year pre-payment penalty (or interest guarantee) to our lenders, which means that at least 1 year of interest is guaranteed. For example, if a borrower were 10 months into a loan and wanted to pay it off, they would only owe 2 more months of interest in addition to the balloon payment.
We look forward to speaking with you soon to assist in setting up a personal plan of action.
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