What is private lending?
Private lending in Costa Rica is becoming a more popular option than regular bank loans. Private lenders are more prepared to take riskier borrowers, which banks tend to avoid. A growing economy offers many profitable investment options to both local and foreign investors. Costa Rica still has a significant private loan industry due to the state bank system’s lack of flexibility. Many trustworthy businessmen tend to collect “bridging funds” to launch lucrative residential or production projects.
Costa Rica’s private lending focuses on:
– Screening of Borrowers;
– Property Due Diligence;
– Appraisal by Reputable Experts;
– Mortgage or Trustee Guarantee Registration;
– Establishment of a Trust.
If you own a home in Costa Rica, our private lenders have money to lend without the hassle of traditional banks.
With a home equity loan, you can use your home equity for whatever you need, whenever you need it, for things like:
- Home improvements or repairs;
- College funds;
- Medical emergencies;
- New vehicle;
- Debt consolidation and more.
So if you’re looking for the best home equity loan in Costa Rica, don’t leave it to chance; complete our simple online Loan Request Form for a free evaluation today!
Contact Gap Equity Loans HERE to achieve your financing goals fast, efficiently, and hassle-free!