For many people, building or buying a home is the biggest investment they will ever make in their lives. People who want to acquire or renovate their homes may face a major financial challenge. In practice, however, home financing through a mortgage loan is a proven solution.
Rental homes are often offered completely furnished which is great if you do not plan to live here more than just a few months or years.
Type of mortgages
Mortgages come in several varieties. Two main groups can be distinguished:
- Mortgages with monthly installments which partly include repayment of the principal. In our markets the most popular of this group is the annuity mortgage.
- Mortgages that are paid off only at maturity. This group consists of mortgages for which in general the final repayment has not been arranged, such as interest-only mortgage. This form was recently introduced in Curaçao. In addition, this group consists of mortgages in which the final repayment has been arranged through a link with e.g. life insurance, the so called ‘life mortgage’.
Perhaps after going through our site, you have seen your dream house! Now you would like to apply for a mortgage to get the process of buying a home started, then you can download the following form, fill it in and return it back to us. Then we will contact you as soon as possible for further information.
At the time of publishing all information was found to be correct but please note that all of the above is solely for information purposes and proper legal advice should always be taken before appling for a mortgage in Curaçao or any foreign country apart from that you reside in.