Borrowing Money in Costa Rica: Safety & Options Costa Rica has a wide variety of banks. However, doing traditional loans with banks offer high-interest rates and appalling approval times - it can take up to months to complete conventional bank…
Many have daydreamed about purchasing multiple properties and vacation homes outright without a mortgage. For Costa Rican foreigners in the past, this was the only option for buying real estate. Finance-free complete cash payments. This, albeit impractical process for most,…
Many people ask us about payment information, particularly "What happens if a borrower pays late?" We want to use this opportunity to remind everyone about the importance of making on-time payments and the consequences of not doing so. For some…
The first step in obtaining an equity loan is filling out the loan application form that we provide online. This is how to fill out a loan application in Costa Rica for 2023: The Borrower Knowing who the borrower…
For any of the endless reasons you need a home equity loan, a short-term mortgage using your home as collateral may be the answer. Here are the qualifications for a home equity loan in Costa Rica in 2023. Assuming…
In 2023 you need a will and life insurance in Costa Rica for the purpose of estate planning. When moving to Costa Rica, for some strange reason, people often forget that they need estate planning. It is so important to…
Once a potential borrower learns about the simple and easy process of obtaining an equity loan with Gap Equity Loans, the next question is, "What are normal equity loan terms in Costa Rica?" or "How long can I borrow money…
Is Your Loan Coming Due? Don't Panic. We know how to help renew your loan in Costa Rica! Grupo Gap makes it super easy to help renew your loan! Typically, a loan that we process can be renewed/refinanced if the…
If you own a home In Costa Rica, this is how an equity loan can help you in 2023. You may be able to access the benefits of an equity loan or private mortgage. Today, around the country, many homeowners…
Financing for non-residents in Costa Rica could appear challenging, if not impossible. Your residence status could have an impact on the financing options. A lender undoubtedly sees a person who has spent the time and money to obtain residency as…