Construction loan
Bahamas Message Boards: Bahamas Real Estate Forum: Construction loan

By rgironda on Thursday, August 25, 2005 - 08:30 pm:

Does anyone know an American bank/lender that will finance home construction in the Bahamas? The two Nassau-based banks that will only offer very unfavorable terms...either 50% down at US prime plus 2 for 15 years or 25% down at US prime plus ? for 10 years....ouch! Please advise if you have any leads. ron.gironda@att.net

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