Yes, Costa Rican citizens can obtain a mortgage to purchase property in Florida. Costa Rica has a well-established middle class and strong financial profile, which lenders view favorably. Costa Rican buyers benefit from a lower typical down payment of 25% compared to some other Central American countries. With your cédula de identidad, bank references, and proof of income, you can qualify for competitive financing. The growing Costa Rican community in South Florida, particularly in Miami and Orlando, provides excellent support networks.
25%
Minimum
Costa Rican buyers need a 25% minimum down payment, valid passport, cédula de identidad (national ID), 12 months of bank statements, 2-3 bank reference letters, proof of income (constancia laboral for employees, declaración de renta for self-employed), and a CPA letter. Costa Rica-specific: the country's strong banking system and well-regulated financial sector make documentation highly accepted by US lenders.
The mortgage process for Costa Rican buyers takes 30-45 days. Pre-qualification in 1-2 days, document gathering 1-2 weeks, underwriting 2-3 weeks, closing 1 week. Costa Rica's well-organized banking system typically produces clear, well-formatted documentation that lenders can process efficiently.
Contact us for a free consultation about your mortgage options as a foreign national buyer.
We review your financial profile and determine your estimated loan eligibility and terms.
Gather your country-specific documents with our personalized checklist and expert guidance.
Submit your complete application package to our partnered lenders for review.
Your application is reviewed and approved. We handle all communication with the lender.
Sign your documents and receive your keys. Remote closing options are available.
Costa Rican citizens can finance Florida real estate with a 25% down payment through HFG International's foreign national mortgage programs — one of the lowest among Central American countries. Key documents include a valid passport, cédula de identidad, CCSS records, and 12 months of bank statements. HFG specializes in serving Costa Rican buyers, leveraging the country's strong SUGEF-regulated banking system for efficient underwriting.
Call Medardo F. Cevallos — he understands the Costa Rica mortgage process.
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A detailed breakdown of down payment requirements for foreign national mortgages in Florida, organized by country and risk tier — plus tips to minimize your upfront costs.
