Mortgage in Anguilla
Just east of Puerto Rico in the Leeward Islands, sits the British Territory of Anguilla. Anguilla is a little piece of paradise, which thrives on tourism, offshore banking and offshore incorporation. As with many islands in the Caribbean however, it’s not the industry that draws the people but rather the idyllic climate and turquoise waters. You can truly get away from it all in Anguilla.
Mortgage financing in Anguilla and throughout the Caribbean has been a challenge for the past several years now; private lending being the only consistent option. For those looking to purchase a vacation rental or take on a more ambitious project in this part of the Caribbean, we have mortgage financing options to assist you. Unlike the banks who are not always a reliable partner in Anguilla, our mortgage funds offer common sense financing to strong borrowers just like you.
Anguilla uses the East Caribbean Dollar as the local currency. This currency is fixed at $2.70 to $1.00 US, although real estate is often priced in US dollars for the sake of ease. An easy flight from the US, but a world away from reality, your vacation property in Anguilla is easier and more affordable than ever with great mortgage options through Carib Capital.
Our Mortgage Options in Anguilla Today
Due to the economy in Anguilla today not being totally back up to speed, our only option is a jumbo mortgage. This non prime mortgage is for properties of 1.5M and up with a maximum loan to value of 50%. Unfortunately we have no bank options in Anguilla at this time.
Talk to us today about financing a residential property in Anguilla!
Commercial Financing in Anguilla
If you are looking for commercial financing in the resort and development sector, we would love to hear about your project. There is still an appetite for this type of financing in Anguilla, with non institutional lenders from the US and Europe.
Send us your executive summary and let’s get started!