Mortgage Financing In Dominican Republic | Go Dominican Life | Patrick Johnston

Today with Patrick Johnston we will see the mortgage in the Dominican Republic.
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[@johnrencher442]

Very interesting, I am really enjoying your videos and information, your sincere approach is refreshing… I am going to investigate my financial situation and my near retirement, to see if I can make something work…

[@ShipsAhoySpudsFinnegan]

"OPM"...gotta love it Patrick!!! Love how you are ahead of the curve in the explosion of the impending exodus from North America and beyond and able to facilitate those considering doing the "Life Version 2". Look forward to talking to you again soon.

[@GoDominicanLife]

Here to serve …. Speak the truth … flip flops forever! Patrick

[@Iceman80..]

I’ve been following a couple from Ontario that provide investing advice and creative financing. One strategy They talk about is using none of your own money to acquire assets. Borrow the down payment from private lenders and then go to the bank for the remainder of the mortgage 80% . So 20% for the down payment and then the bank gives you a mortgage of the 80%. Of course there will be some fees to be paid out of pocket. Currently have a primary home and just refinanced last year to get my first rental income home, so the refinance option is not feasible at this time. Are you able or interested in assisting with creative financing like the example I provided. I am too a fellow Canadian 🇨🇦 Thanks for your time.

[@kylehorstman1024]

I absolutely loved this video. I would love to take advantage of all your services

[@rickyticky3350]

do you offer dscr loans ?

[@tonyab4674]

I wanna go the route of refinancing my home here in Canada...its almost paid off, so there is a decent amount of equity available. Plus, I have some savings... Thank you for the info!

[@GoDominicanLife]

Hi Tonya, to provide you with detailed information and guidance specific to your case, please contact us via our Whatsapp at [phone]. We will be more than happy to assist you and help you explore your options.

[@monikaleszko5343]

how can Canadians buy in Dominican ? If you can pay In full ?

[@GoDominicanLife]

Good morning from the Beach! Financing for mortgages in DR are available but the interest rates are even more expensive than Canada …. Currently with one bank (Banco Santa Cruz) the entry interest rate is 10.95% / 15 years amortization … so when you compare to Canada for example 5-7% interest and a 25 year amortization… you see my point. The best form of financing will always be a refinance of your home or income property asset in Canada and being the funding to the beach! Sometimes owner financing is also available for a limited time 1-3 years plus construction financing with split payments. WhatsApp #[phone] for more discussion … thanks for watching our channel … Patrick

[@antjones7019]

Hello Patrick. Great content! undergoing pre-construction here in Punta Cana and would like to know more about financing option.

[@GoDominicanLife]

Hi Jones, glad you like it. Please contact us for more information about our financing options 📞Whatsapp: [phone]. Have a good day!!!

[@rodneywilliams8014]

sounds good

[@sosuasasquatch9395]

What about financing building a construction? Any options regarding this?

[@GoDominicanLife]

Hi, thanks for asking☺️. We have a variety of options available, please contact us at WhatsApp [phone] for more information.

[@Xrayg219]

im looking at a pre construction project in punta cana , live in the US, do you handle financing for project in punta cana ?

[@GoDominicanLife]

Hi Raymond, thanks for asking. Please contact us at [phone] for more information about our financing plans. Have a happy day!!!