Getting a Mortgage in Barbados

*Please note, we are not currently offering mortgages in Barbados.

If you are looking to finance a property in Barbados, Carib Capital can help. We have a jumbo mortgage option for those looking to spend over 2M USD. This mortgage requires the client to have 50% equity (down payment) in the property.

Our lenders are only interested in properties in the tourist and higher end property markets, ideally waterfront. They specialize in homes that fall in the mid to large residential market, with US, UK and Canadian vacation home buyers as their target market.

Explaining Your Mortgage Options in Barbados

As mention above, our non prime home loan has a minimum mortgage amount of 1M USD, however it is not a fully qualifying loan which will be attractive to some buyers. In fact, qualification is fairly quick and easy compared to traditional bank financing in Barbados.

Mortgage Rates in Barbados

Our mortgage rates in Barbados are indictive of private financing elsewhere in the Caribbean. The rates start in the 8% range, and can go up from there depending on the loan type.

The major advantages of our mortgage offerings in Barbados are ease and speed of qualification, and being able to facilitate loans for those who struggle with the banks debt service requirements. If you have applied for a mortgage in Barbados in the past, you will understand the importance of these non prime options.

If you are looking at a property in Barbados, talk to us today. We will lay out your mortgage options so you can make an informed decision about the best way to finance your new home in the sun.