What percentage of the price will a bank finance?
As a reference, many banks finance non-resident foreigners between 50% and 70% of the appraised value, and residents or Dominicans can reach 80% or more. The final percentage depends on the bank, the type of property, your income and the appraisal.
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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.
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