Financing

Terms & Conditions for Residential Mortgages with Scotia Bank

General Conditions: Appraisal of the property being financed. The cost of the appraisal will be assumed by the Bank. The Bank’s percentage of financing is based on the lower of the appraised value or purchase price. ...

Financing

Opening Bank Accounts in Panama

Banks in Panama are very stable, and Panama has the second largest banking center in the World, second only to Switzerland.  There are over 100 International Banks in Panama, and most of them provide a wide variety of service...

Financing

Terms and Conditions for Financing a Primary Residence for a PART TIME Resident of Panama

OUTLINE TERMS AND CONDITIONS FOR FINANCING THE PURCHASE OF A WEEKEND/INVESTMENT RESIDENCE (PART TIME RESIDENT OF PANAMA)Financing:Up to 65% of the purchase price or estimated market value, whichever is the lesser.Interest rate:6.75, p....

Financing

Terms and Conditions for Financing a Primary Residence for a FULL TIME Resident of Panama

Panama Realtor is constantly looking for new and better services for our clients. After a recent meeting with the Bank of Nova Scotia we are happy to announce the the following terms for financing homes for foreigners. To date this is ...

Financing