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Financial

Banco Popular Dominicano

Mortgage / bank lending

Contact Information

Why You Need a Financial Professional

Most foreign buyers pay cash, but Dominican banks do offer USD mortgages to qualified buyers (typically 50-70% LTV at 7-14% annual). Understanding your financing options and tax obligations — including CONFOTUR exemptions — can save you tens of thousands of dollars.

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About

The DR's largest private bank — one of very few lenders with a formally published requirements checklist for mortgages to non-resident foreigners: passport, home-country tax returns, foreign credit-bureau authorization. USD-denominated mortgages matching foreign income.

Service AreasNationwide (Dominican Republic)

Languages

SpanishEnglish

Questions to Ask

Before engaging a financial professional, consider asking:

  • Do you offer USD-denominated mortgages to foreign nationals?
  • What is the maximum LTV ratio, interest rate, and term available?
  • What documentation do I need to provide (proof of income, credit history, etc.)?
  • How long does the approval process typically take?
  • Can you explain the annual property tax (IPI) obligations and any CONFOTUR exemptions?

Useful Resources

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