PANAMA REAL ESTATE FINANCING

• Local financing is widely available for Panama residents as well as non-residents.
• Most popular lenders in Panama are:
• ScotiaBank
• HSBC
• Banitsmo
• Some developers offer their own financing
• Required Documentation to aplly for a loan in Panama:

1. Signed application and credit check authorization (Panama and US)
2. Two forms of identification (passport and other picture ID)
3. Income Evidence (last two tax returns, job letter, etc...).
4. Purchase - Sale contract
5. Two bank Reference letters and Personal Reference Letters (after approval to open Bank account)
6. Life and Fire insurance (after approval)
7. Other documents may be required as appropriate.