How it is calculated
We start from the property’s appraised value, not the asking price or what you hope to get when you sell. Against that value we lend up to 50%, between $50,000 and $1,000,000 per loan.
Illustrative example: with a property valued at $400,000, the loan can be up to $200,000.
Why up to 50%
We lend conservatively. That margin lets us decide quickly, based on the collateral and your repayment plan, not months of paperwork.
What else we review
We do a basic income and credit review, but most of the decision rests on the property and how the loan will be repaid.
We accept any type of property in Costa Rica, with a first-position mortgage, and we lend to individuals and companies, Costa Rican or foreign.
If you need more
If the amount you need is above 50% of the value, send us the case anyway and we will review it together.