BCR With 100% Mortgage
Loans
The Banco de Costa Rica (BCR) is getting
aggressive in attracting new mortgage
customer and is now lending up to 100% of
the value.
The program allows home buyers with no down
payment, but have the ability to make the
payments, to now make that important
purchase in their life.
The BCR will lend on mortgages in dollars or
in colones for terms of up to 25 and 30
years, respectively.
Interest rates can be on a fixed term or
variable.
The loans are open to all Costa Ricans and
foreigners alike who are current with their
immigration status (legal residency) and
have been working for the same employer for
more than a year or can show sufficient
income to service the debt. |
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