A large percentage of home owners in Turks and Caicos purchased their vacation property with cash or equity from their property at home. The difficulty in borrowing from the local banks, and the higher rates of interest made financing here less attractive. With the incomes generated from these properties today however, a lot of clients are reconsidering keeping so much equity tied up in one property.

For this reason, more and more clients are asking if they can refinance  a Turks and Caicos property to access their home’s equity. Unfortunately, it can still be difficult to qualify at the local banks for non-residents. This is where we come in, with our private financing options.

Private Mortgage Refi’s

The refi’s we offer are quick and easy, with very little qualification outside equity and marketability of the property. We can refinance up to 65% of the value of your property, which is right in line with what the banks offer, without all the documentation and hassle.

The rates on our mortgages are higher than what you pay at the bank. The upside however is the ease of qualification, speed we can advance funds, and the ability to pay only your interest every month. This means in many cases, our payments are lower than what you pay at the bank.