Just as you had a mortgage to finance your primary home, you may want to finance part of your vacation home purchase. The local banks will finance the purchase of a vacation home. As in any country, if you are not a citizen or legal resident you will have to make a larger down payment and or pay a higher rate of interest. Most vacation homebuyers on Bonaire choose to save money by borrowing “back” home.
There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.
We would be happy to refer you to some very good mortgage contacts we have in Bonaire, or to help you in any other way we can to secure the best possible rate for your home purchase.
