If you need a Panama Mortgage we can help.

Mortgage Terms - 75% LTV (Loan to Value) which means 25% of the sale price as a down payment. 30 year fully amortized loans. None of this deducting your age from 75 and them amortizing the loan as the Panama Banks do. The fully amortized loan over 30 years makes for a much smaller payment. There is no need for any life insurance either no matter how old you are.

Age Limits - None.

Type of Property - Condo, single family home, townhouse or condo-hotel.

Owner Occupied - Need not be owner occupied.

Name of Title - The property can be titled in your name or the name of a Panama Foundation or a Panama Corporation.

Citizenship - Must be a citizen of either USA or Canada.

Cap on Lending - Yes, but the cap is by the sq. meter and is $1,800 per sq. meter loan amount. You can get a loan of several million dollars as long as there were enough sq. meters. If you were paying $2400 a sq, meter they would be able to finance $1800 per sq. meter the 75% loan amount.

Title Insurance - Required and this of course includes a title search.

Appraisal - Required.

Credit Requirements - You would need a credit score of 660. This is about the average for a USA person. You need to show proof of income (official copy of returns). You need to show proof of assets (bank statements, stock broker statements, real estate, other assets).

Approval - Same day pre-approval when a completed file is submitted.

To Get Started fill out our Mortgage Request Form below and it will be promptly submitted to the lender. Thank you.