Public, Private, Banks, Lenders, Loan, Loans, Terms

ISLAND FINANCING
Most buyers secure financing through equity loans in their home country. On-island financing is available: Public Banks (CIBC, RBC, Scotiabank) Up to 70% loan-to-value Terms: up to 25 years Rates: approx. ±5% Private Lenders Up to 50% loan-to-value Terms: up to 20 years Rates: approx. ±7%