Costa Rica Coffee Guide

Stewart Title Offers Mortgage Program

January 20, 2006

STEWART Title Costa Rica has announced the launch of its new Mortgage Services Program, designed to help non-resident North Americans in Costa Rica obtain mortgage financing. Through an alliance with the Southern National Bank of Texas, as well as several local banks, U.S. or Canadian citizens can obtain loans with standard U.S. documentation and one-stop shopping: Stewart Title is the sole point of contact for the customer, and offers a response time of 15-22 working days, according to a statement from the company.

 

The program seeks to offer a solution to a common problem for non-residents interested in a mortgage – local banks cannot always obtain the background and credit information they need to grant a loan, and international banks generally do not offer mortgages, the statement said.

 

The process requires a $280 nonrefundable deposit to Stewart Title, used to cover underwriting costs. General conditions include 20-year terms and competitive interest rates.

 

Customers must have life insurance to be eligible.

 

For more information, contact Stewart Title Costa Rica at 258-5600, 800-STEWART, or e-mail: customerservice@stewaartcr.com.

 

You may be interested

Costa Rica immigration offices to remain closed until October
Costa Rica
5556 views
Costa Rica
5556 views

Costa Rica immigration offices to remain closed until October

Alejandro Zúñiga - September 19, 2020

The Immigration Administration on Friday said its main and regional offices will remain closed until October due to the coronavirus…

Pic of the Day: Hopping into the weekend
Pic of the Day
780 views
Pic of the Day
780 views

Pic of the Day: Hopping into the weekend

Alejandro Zúñiga - September 19, 2020

Happy weekend from all of us at The Tico Times! [caption id="attachment_62085" align="aligncenter" width="740"] (Courtesy of Brian Kubicki)[/caption] [caption id="attachment_111342"…

Top dental clinics in Costa Rica meet patient needs in the age of COVID
Dental Tourism
2505 views
Dental Tourism
2505 views

Top dental clinics in Costa Rica meet patient needs in the age of COVID

Vayolla Quiros / Goodness Dental - September 18, 2020

The Centers for Disease Control and Prevention (CDC) released its guidelines for dental settings in response to the COVID-19 pandemic.…