Mortgages in El Salvador

  • We guide you through traditional mortgage options.

  • We connect you with reputable lenders and financial institutions.

  • We can also provide insights into Bitcoin backed mortgages.

  • Traditional Mortgages: Banks and lenders offer various mortgage products with competitive rates and terms.

  • Seller Financing: Negotiate directly with the seller for flexible payment arrangements.

  • Developer Financing: Usually, higher interest rate and lower down payments.

Pre-Sale Condominium & Houses El Salvador

We connect you with reputable developers to minimize your risk, then we will provide strategic guidance to ensure maximum returns on your real estate investment in El Salvador.

Real Estate Financing In El Salvador

  • Determine Your Budget

    • Assess your financial situation and determine how much you can afford to spend on a home. This includes considering your income, expenses, and savings you have for a down payment.

  • Our Realtors

    • At ownelsalvador.com we will help you find the best realtor, properties, negotiate on your behalf, and guide you through the home-buying process.

  • Search for a Property

    • Research properties that meet your needs and budget. Our realtor can assist you in this process and schedule property viewings.

  • Negotiate and Make an Offer

    • When you find a property you like, we will make an offer to the seller. Our team can help negotiate the terms of the sale, including the price and any contingencies.

  • Secure Financing

    • If you haven't already been pre-approved for a mortgage, now is the time to secure financing. You'll work closely with our lenders to finalize your loan application.

    • The process includes filing tax returns and presenting information to verify your income. 

  • Legal and Title Work

    • Our lawyers will conduct a title search to ensure the property's title is clear and handle the legal aspects of the transaction.

  • Closing Costs and Transfer of Ownership

    • Be prepared for various closing costs, including legal fees, notary fees, transfer taxes, and registration fees. These costs typically range between 4% - 6% of the total purchase price.

    • Once the paperwork is in order, you'll attend the closing meeting, where you'll sign the necessary documents and the ownership of the property will be transferred to you.

  • Post-Closing

    • After the closing, you will want to continue with things like connecting utilities, insurance, and any additional adjustments or improvements you want to make to the property.