Contact Jeff at Loan@costaricanlending.com for either of the above positions.

For the Guanacaste Costa Rica Region, you MUST live in Costa Rican, be legal to work in Costa Rica and must have Loan Experience (we will hire 2-3 for this region)

Stateside, we are launching a mass marketing campaign and looking for 10 Loan Officers/Loan Mod experienced people to handle 10-15 incoming calls per day, loan@costarianlending.com

In the midst of the Global Economic Meltdown, MortgageCostaRica is pleased to announce the best Financing Package ever seen in Costa Rica! Rates and Terms comparable to the USA and in some cases, rates are even lower! Highlights of the Program:

RESIDENTIAL PROPERTY: Single Family and Condominiums Only, High Rise, OKAY! (Email or Call Geoff Below for Commercial Programs)

> Cash Out REFI’: No Limit Up to 65% LTV(70%+ in some cases)
> REFI’S Rate and Term up to 65% LTV
> 30 Year Term/360 Months
> Stated Income, Verified Asset Program (Asset Driven, Must be Verifiable Assets (assets must be Liquid), Better the Rate, not FICO Driven)
> No IRS 4506T Forms
> Foreign and CR Citizen’s/Resident’s can utilize this Program!
> Rates 5-7% Currently (rates are based off 3month Libor (1.30 this morning,
plus 2.5-4.0) So highest Rate today would be around 6%
> No Pre-Payment Penalty
> Minimum Fico Score 620 (exceptions may apply due to compensating factors)

***No Land, Development, Project Financing Available (YET)***

2 Months Reserves Required (2 Months of total obligations, ask your Loan Officer for Details) Take your basic outgoing expenses, multiply by 6…if you have this combined liquid somewhere..chances are we will get you a loan.
Standard CR Closing Costs Apply: six points to the lender. However, points may be charged to Buyer, Seller or Included in the Loan Amount!
$75,000 Minimum Loan Amount, NO MAXIMUM

Requirements:
Requires a background check, credit report, executed purchase or construction agreement, not needed for Refinance
One appraisal by an approved appraiser
12 months most recent asset/bank statements
2 years tax returns. For non US clients, certified letters from employer, accountant, bank, attorney, and creditors, are required in lieu of tax returns.
Certified copy of passport and government issued id
Lenders Title Policy (No Life Insurance Required)
Homeowners Insurance with loss payable clause to lender
Application fee of $375 per borrower for credit, background, and translation checks.

Geoff

506-8911 -0263 if you have any additional questions.
loan@costaricanlending.com