Residential Loan Types in Panama

February 2, 2010 by ursula  
Filed under Banks and Mortgages

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Residential loans in Panama are classified into 4 types:

Residential: is one that will be used as main dwelling. This would be considered your primary residence. In general terms for residential loans vary between 20 to 30 years and can get financing from 50 to 90% of the total value of the purchase.
Summer [...]

FAQs on Mortgage Loans in Panama

February 1, 2010 by ursula  
Filed under Banks and Mortgages

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What is the utility of a mortgage broker service?
The mortgage broker has the expertise and updated loan policies of each bank that change frequently. This is important to evaluate your case promptly and assist you in the selection of potential banks.

Mortgage Loans in Panama

January 31, 2010 by ursula  
Filed under Banks and Mortgages

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Who qualifies for a loan in Panama?
Both Panamanian and foreign residents and non residents can apply for a mortgage in Panama. The banks in Panama have created mortgage products designed specifically for both segments.