With a good personal credit rating, our homes are often financeable with most North American banks. Rates are at record lows currently in North America which can make this an attractive option though normally a minimum of 25% of the purchase price down is required. Local banks, such as Scotiabank Costa Rica also offer financing.
The property developer in some instances may be able to close a financing gap on a low percentage of the purchase price with a short term loan to the buyer. Terms and interest rates are negotiable. Having clear title to the lot and new house is essential for obtaining a loan from any bank, local or international. This is the situation with our homes and provides the security lenders need to make a loan.