Can I finance an off-plan purchase?
Yes, but the mortgage is normally used to pay the balance on delivery, not the installments during construction. Some developers have agreements with banks that make approval easier. Prepare your pre-qualification in advance so you do not delay the handover of your unit.
Updated:
These answers are for guidance only and do not replace advice from a lawyer, accountant or immigration adviser. Laws, rates and amounts can change: confirm each case before signing or paying.
Properties you may like
See more properties →
More on Financing and mortgages
- Can I get a mortgage in the Dominican Republic as a foreigner?
- What percentage of the price will a bank finance?
- What interest rates are available?
- What documents does the bank ask for a mortgage?
- Can I finance a property for vacation rental?
- Should I pay cash or finance?
- What is an appraisal and who pays for it?
Can't find your question?
Write to us and a RE/MAX Atlantis adviser will answer in your language.
Ask a question