Seller Financing

Some sellers offer owner financing to buyers, generally with a 50% down payment and repayment within 1-5 years.

Developer Financing

There are a few projects in the area that offer developer financing. Terms of the financing and the down payment will vary by developer.

Equity Financing

You can refinance your home or take out a home-equity line of credit in your own country. The benefits are shorter approval times, lower interest rates and a wider variety of financing options.

Bank Financing

Scotiabank and Banco Popular offer a special mortgage program for residents of Canada, the US and the UK who are buying a second home in the Dominican Republic. 

The approval process is similar to North America but more stringent and generally takes longer. Applicant must own a home in North America, or the UK and have assets totalling at least the value of the DR mortgage.

Banco Popular

General Mortgage Information:

Documents required to apply:

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