Budgeting/Mortgages

Guess what? You don’t need to be wealthy or rich to own a Casa Linda Villa. Our villas are well priced and we offer great mortgage financing options.

HOW TO PAY FOR YOUR VILLA:

  • 35% of purchase price to begin construction – this amount is less the lot reservation of $15,000-$25,000 US (if was a lot hold was previously done).
  • 30% of purchase price 3-4 weeks after start of construction (dependent upon construction schedule).
  • 25% of purchase price 3-4 weeks after start of construction (dependent upon construction schedule).
  • 10% percent upon taking possession of the villa.
dominican real estate financing
dominican republic home financing

MORTGAGE FINANCING:

Casa Linda receives excellent mortgage rates from Dominican banks and private lenders. Here is the basic breakdown of terms and conditions (varies by lender and qualifying):

Rates: 3-7%
Amortizations: 10-20 years
Downpayment: 30-40%