Can I Get a Mortgage in the Dominican Republic?

For foreign buyers, getting financing in the Dominican Republic is not an easy task. Fortunately, we are here to help you as much as we possibly can!


Many buyers choose to obtain a line of credit from their home bank which is the best option because this is generally where you will obtain the lowest interest rates.


If financing from your home bank is not an option, there are two types of financing options available in the DR. Seller financing, where the seller/developer is willing to provide the buyer with a mortgage, or traditional bank financing.



Some of our sellers are willing to offer owner financing to buyers. Usually they require at least a 50% down payment and require repayment within 3-5 years. You can see a full list of our properties below where the sellers are willing to offer some financing.




Scotiabank is now offering mortgages for residents of the UK, Canada and the US who are buying a second home in the Dominican Republic. This is a new program but we have had several clients who have successfully purchased homes using this mortgage program.  


Scotiabank Mortgage Information:Home Loan to buy property in the Dominican Republic

  • Maximum loan amount is 70% of appraised property value.
  • Maximum finance term is 25 years.
  • Interest Rate is 5.95%% annually.
  • Loan applicant must own a first home in Canada, US or UK
  • Minimum age to apply is 21 years of age


 Documents required to apply: 

  • Copy of passport
  • Last 2 income tax statements
  • Authorization to issue a Credit Bureau Report from the customer's country of residence
  • Income letter, if an employee
  • Evidence of assets in your country of residence (must be US, Canada or UK)
  • Insurance assignment
  • Property Appraisal from an authorized appraiser.
  • Copy of Offer of Purchase & Sale
  • Proof of down payment.


Contact us today if you would like some further information!

Search Our Dominican Republic real estate listings by clicking here!!

Properties With Owner Financing Available

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Homes for Sale in Sosua Hills , Sosua, Puerto Plata $850,000
15 photos
Luxury House with pool in Prestigious gated community
Villa with panoramic views Sosua Hills $850,000 USD 460 sq. m. Single Story Residential
Homes for Sale in Sosua Oceanfront, Sosua, Puerto Plata $830,000
60 photos
Luxury Ocean Front Villa in Sosua Ocean Village FINANCING with only $100k down
Exclusive Gated Community Sosua Oceanfront $830,000 USD 220 sq. m. Single Story Residential
Homes for Sale in Sosua Oceanfront, Sosua, Puerto Plata $492,000
10 photos
Ocean View Villa with Financing at 5% and Tons of Amenities
Sosua Oceanfront $492,000 USD 150 sq. m. Single Story Residential
Homes for Sale in Cabarete, Puerto Plata $485,000
24 photos
Great Villa or B&B, Only 5 Minutes From The Beach
Cabarete $485,000 USD 385 sq. m. 3 Story Residential
Homes for Sale in Sosua Oceanfront, Sosua, Puerto Plata $482,000
10 photos
Ocean front villas with financing 100k down
Sosua Oceanfront $482,000 USD 1,615 sq. ft."150 sqm " Single Story Residential
Homes for Sale in Cabarete, Puerto Plata $469,999
20 photos
Great Opportunity for a Multifamily Unit Close to Beach & Financing Available
Cabarete $469,999 USD 350 sq. m. 3 Story Residential
Homes for Sale in La Mulata, Sosua, Puerto Plata $450,000
27 photos
Executive Villa with Stunning Panoramic Ocean Views FINANCING!
Stunning home on large lot La Mulata $450,000 USD 520 sq. m. Bi-Level Residential
Condos for Sale in Cabarete, Puerto Plata $399,000
49 photos
Cabarete Beachfront Penthouse For Sale - FINANCING
Highest End Condominiums Directly Beachfront Cabarete $399,000 USD 160 sq. m."1,722 sq.ft." Apartment Condominium
Homes for Sale in Terramar, Sosua, Puerto Plata $399,000
16 photos
Custom Built, Private Villa with Waterfall and Room to add 2 More Bedrooms or Apartment
Terramar $399,000 USD 2,500 sq. ft. Single Story Residential
Lots and Land for Sale in Las Canas, Puerto Plata $390,000
19 photos
Las Canas Beach Lot
Ocean front lot Las Canas $390,000 USD 5,812 sq. m. Apartment Lots and Land
Commercial Real Estate for Sale in Sosua, Puerto Plata $390,000
8 photos
Great Business opportunity - income complex
Sosua $390,000 USD Commercial Commercial
Homes for Sale in Hispaniola Residencial , Sosua, Puerto Plata $389,000
30 photos
4 Bedroom Villa with Separate 1 Bedroom Apartment - Financing!
Live in Villa and Rent Apartment to Cover Expenses Hispaniola Residencial $389,000 USD 2 Storey Residential
Sale Pending
Condos for Sale in Cabarete Bay , Puerto Plata $385,000
21 photos
Executive Beach Front Condo Seawinds - Most Exclusive
Modern Executive Condo Beach Front Cabarete Bay SALE PENDING
$385,000 USD
138 sq. m."1485 square feet" Apartment Condominium
Condos for Sale in Sosua, Puerto Plata $384,000
34 photos
Sosua "Hispaniola Beach" Condominium For Sale - Financing!
Beach condo in Sosua Sosua $384,000 USD 120 sq. m. Apartment Condominium
Homes for Sale in Sosua, Puerto Plata $359,800
17 photos
Beautiful Mediterranean Style Villa in Gated Community(New Construction)
Sosua $359,800 USD 275 sq. m. Single Story Residential
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