International Mortgages for Caribbean Properties| Boslil Bank Limited

  • Contact us
Barbados

Description

Boslil bank offers international mortgages for clients buying properties in The Caribbean. Mortgage limits up to 2.8M USD per client.

Loan Requirements & Documentation For Individuals

  • Business Plan and/or detailed explanation of how the loan proceeds will be used and repaid
  • Shareholders profile /CVs
  • Job Letters or equivalent details on personal cash flows
  • Tax Returns (last 3 years)
  • Company projections next 3 years Relevant bank statements last 12 months
  • Property Valuation by a valuer deemed acceptable to Boslil Bank
  • Statement of Affairs
  • Security Type – Mortgage

Loan Requirements & Documentation For Companies

  • Business Plan and/or detailed explanation of how the loan proceeds will be used and repaid
  • Corporate structure Incorporation details
  • Ownership details Shareholders profile /CVs
  • Tax Returns (last 3 years)
  • Management team information (if applicable)
  • (Audited) Financials 3 years Will discuss acceptable alternative if not audited.
  • Company projections next 3 years Relevant bank statements last 12 months
  • Property Valuation by a valuer deemed acceptable to Boslil Bank
  • Security Type – Mortgage Debenture

Other Indicative Terms 

1. Loan to Value Ratio: Maximum of 60%

2. Deposit Minimum 40%

3. Loan Tenure: Up to 10 years (negotiable)

4. Indicative Interest Rates: 4.5% – 7% (assessed based on risk)

5. Commitment Fees: 1% (negotiable)

6. 2 Weeks Approval Time

7. Up to 2.8M USD per client

Find our Caribbean Properties for Sale here

Contact Information

View Listings
NVEST Team (Caribbean)

Enquire About This Property

Details

  • Property ID: 44003
  • Price: Contact us
  • Property Status: For Sale, International Mortgages
  • City Saint George's, Grenada
  • State/county Barbados, Grenada
  • Country Antigua, Barbados, Grenada, St Lucia, St Vincent and the Grenadines

Compare listings

Compare
NVEST Team (Caribbean)
  • NVEST Team (Caribbean)