Financing

Financing is available through Bancentro, Banpro and other local banks. The interest rates are 12% or less on 70% financing with terms up to 20 years..

REQUIREMENTS

Non Self Employed Persons:

• Credit Application duly filled
• Copy of identity card
• Wage record detailing length of service, position, salary
• INSS transfer
• Copy of contract for sale
• Copy of Conservation receipt

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For People who own businesses:

• Credit Application duly filled
• Copy of business incorporation, etc
• Financial statements for the last 3 months prepared by a certified public accountant (CPA)
• Copy of identity card
• Copy promise of sale or contract
• Copy of reservation receipt

Nicaraguans living abroad:

• Nicaraguan passport photocopy and / or certificate of residence abroad, or photocopy of their foreign passport
• Copy of the Income tax of the last 3 years
• Original current copy of income source
• Credit scoring more than 650 points of the report from TransUnion, Equifax USA, Experience
• Copy of Social Security
• Completed loan application
• Copy of life insurance policy
• Savings account statement

Required Familiar Income to apply for a financing

Monthly quote