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**Patabeamn** · 07-06-2009, 04:42 AM

Start by qualifying a bit....Are you a foreigner, foreigner w/ residency or Dominican? Dollars or Pesos? What amount are you looking to borrow? How many years do you want on the mortgage? etc. These questions make a blanket answer difficult.

Scotiabank as of yesterday was at 8% in dollars but they're only lending for special beach projects, etc. 17% in Pesos for everything else. Of course those were their opening rates and I didn't haggle or anything.

07-06-2009, 04:42 AM	#3
Patabeamn Join Date Oct 2005 Posts 447 Senior Member	Start by qualifying a bit....Are you a foreigner, foreigner w/ residency or Dominican? Dollars or Pesos? What amount are you looking to borrow? How many years do you want on the mortgage? etc. These questions make a blanket answer difficult. Scotiabank as of yesterday was at 8% in dollars but they're only lending for special beach projects, etc. 17% in Pesos for everything else. Of course those were their opening rates and I didn't haggle or anything.
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