Professionals
Run by Americans with
an existing financing company in the States.
Personal
Service
Located right here in COSTA RICA.
Offices in Guanacaste.
Great
Customer service Worried
about how we treat your clients?
·
We return calls!
· We word quickly!
· We speak English!
· Our system is paperless!
We
quickly and professionally collect your client’s data for
loan processing in a seamless and paperless process. Our job
is to make you look great!
Great
Rates, High LTVs!
. 25 Year Amortizations! .70% - 80% Loan – To-
Value! . 40% Back End Ratios!
680 Minimum Credit Scores! .Self Employed Borrowers Included!
.Interest Rates as low as 8.75%!
MortgagelT, Inc. a subsidiary of Deutsche
Bank is a New York City-headquartered residential mortgage
banking company. Originally founded in 1988, through its
approximately 1,300 employees in the United State,
MortgagelT originates residential mortgage loans of all
types. MorgagelT is one of the largest residential mortgage
companies in the U.S and continues to expand its product
offerings to select luxury resort across the Caribbean and
Latin America.
Deutsche Bank is a leading global investment bank with a
strong and profitable private client’s franchise. A leader
in Germany and Europe, the bank is continuously growing in
North America, Asia and key emerging markets. With 73,114
employees in 73 countries, Deutsche Bank offers unparalleled
financial services throughout the world. The. The bank
competes to be the leading global provider of financial
solutions for demanding clients creating exceptional value
for its shareholders and people.
Deutsche Bank Securities Inc., member NYSE, NASD and SIPC,
is the investment banking and securities arm of
Deutsche Bank AG in the United States.
A subsidiary of Deutsche
Second home /
Vacation Home for Non Residents Mortgage
Financing
available up to 4 million Dollars
30 yr Amortization
No balloon payment
Rate fixed for the
first 5 year, then adjustable (annually) for remaining
25 yrs
No Life Insurance
Required
Us Lending
Guidelines
Up to 75%
Financing
24-72 Hour Pre-Approvals
Available to
residents of the USA, UK and Canada
Discounted rates
and fees for qualifying buyers
Bilingual
Finance Specialist
Required
No income Statements
No Asset Statements
No Credit References
· Applicable only on Special Listing.
Property Types: House, condominium, lost, raw land,
commercial
Maximum Loan terms: House or condominium (Up to 20 years)
Land (Lot) Up to 10 years)
Maximum Debt-to-Income Ratio (DTI): 30%- The DTI ratios
differ from bank to bank
Maximum loan-to-Value Ratio (LTV): Non Residents 65% LTV
Residents 78 %LTV
(Bassed on Appraised value)
Loan Amounts: Over USD $800,000 50% LTV (*)
(The LTV value listed to the right are purchase price USD
$400,000 - $800,000 60% LTV (*)
Amounts and not loan amounts) Up to USD $4000, 000 65% LTV
(*)
Program # 1
Interest rates and loan programs 01 to 06 months 7.75% Fixed
Rate
For each bank usually differs) 61 to 96 months 6M Libor +
4.95 Margin
97 to 240 months 6M Libor + 5.45 Margin
Program # 2
01 to 12 months 6M Libor + 2.05 Margin
13 to 36 months 6M Libor + 2.25 Margin
37 to 60 months 6M Libor + 2.50 Margin
61 to 96 months 6M Libor + 2.75 Margin
97 to 240 months 6M Libor + 3.25 Margin
This is a list of the basic requirements that Financiera
Desyfin needs to get your loan approve.
Financiera Desyfin may ask at any moment for additional
documents, necessary to determine approval of the credit:
1.
( ) Uniform Residential Loan Application.
2.
( ) Copy of passport ( borrower and co-borrower).
3.
( ) Certificate of income, from CPA of the debtor (based on
personal tax returns for prior 2 years and last 2 years W/2
Forms).
4.
( ) Bank statements from the last 6 months.
5.
( ) Authorization for background and reference investigation
(signed)
6.
( ) Credit check authorization for SUGEF (signed) – This
will be the authorization for credit references in Costa
Rica, and will start reporting 30 days after the loan is
closed.
7.
( ) Copy of cadastral plan (Survey Plan).
8.
( ) Appraisal of the property, which is running around
$400.00 to $600.00.
9.
( ) $200.00 for the credit check and the income
certification letter from the CPA.
10.
( ) For the disbursement we need the Certification of
municipal taxes and land (must be up to date).
Clients over the age of 55 need to assign Financiera Desyfin
S.A. as their Insurance Policy beneficiary for the amount of
the loan.
Please don’t hesitate to call me or e-mail me if you have
any questions regarding our loan program.
