Costa Rica Property Financing Terms and Documentation

Costa Rica property financing requests are reviewed according to the qualifying real estate and individual file. GAP Equity Loans does not request a credit score.

Property and file review

Depending on the property and file, title information, lien details, planos, tax records, or proof of income may be requested.

The lender must receive first-lien position. If a property has an existing lien, it must be paid off before closing or as part of the financing at closing.

Published request guidance

Requests start at US$50,000. For requests over US$1 million, additional property and file documents may be requested.

Clear information supports an orderly review.

Terms and timing

Terms are six months to three years. Qualified files can close in about 10 days.

Timing depends on the property and file and is not a promise for every request.

Preparing a request

Accurate property details and lien information help identify the documents needed for review.

GAP Equity Loans handles qualifying requests professionally through closing.

Frequently Asked Questions

What is the minimum request amount?

Requests start at US$50,000.

Is a credit score requested?

No credit score is requested.

What documents may be requested?

It depends on the property and file.

What is required for liens?

The lender must receive first-lien position.

How quickly can a qualified file close?

Qualified files can close in about 10 days.

Ready to discuss a property-backed financing request in Costa Rica? Contact GAP Equity Loans at +506 4001 6413, USA/Canada 855-562-6427, or info@gap.cr.

Article by Glenn Tellier (Founder of CRIE and Grupo Gap)