You have to be prepared when you apply for a mortgage in a local bank.
Most banks in panama will ask you this documents when you apply for a mortgage:
Photocopy of your entire passport (all pages including stamps)
Utility bill (showing your name and physical address)
Photocopy of one additional photo ID (Drivers License)
Curriculum Vitae (personal education & work resume)
Two (2) original bank reference letters
Two (2) original professional or commercial reference letters
Photocopy of bank statements for last 12 to 24 months
Las two (2) years tax returns (or audited financial statements)
Letter explaining your income sources & reason for the purchase of the property (personal residence, vacation home, rental property, investment, etc.)
Appraisal of the property (must be done by a bank-approved appraiser)
Purchase contract
Title deed of the property
Completed and signed bank mortgage applications and agreements
Please note, that most Panamanian banks require that all documents originating from outside of Panama, must be “authenticated,” either through the Panamanian Consulate in the home country (or region) of issue, or authenticated by “apostil” (an apostil is an internationally recognized form of notary/authentication).
so where to apply....
here is a list of banks
BANCO GENERAL
SUS BUENOS VECINOS
Cuentas Corrientes y Ahorros, Préstamos de Auto, Personales, Comerciales, Hipotecarios y Casacash, Tarjetas de Créditos y Banca en Línea
BANCO NACIONAL DE PANAMA
"SIRVIENDO A LA ECONOMIA DEL PAIS"
Prestámos Personales, Hipótecas Agropecuarias, Transferencias Internacionales, Cobranzas Internacionales, Giros, Tarjetas de Crédito Visa.
FINANCIERA PRESTO CASH
OLVIDE SU MAL CREDITO
Préstamos con Garantía de Terrenos, Casas, Apartamentos y Automóviles
TOWERBANK INTERNATIONAL, INC
HACEMOS LA DIFERENCIA
35 Años de Trayectoria, con el Mejor Servicio en Comercio Exterior, Hipotecas, Cuentas, Inversiones, Créditos Corporativos e Internacionales
BANCO ALIADO
Cls 50 y 56 ObarrioPANAMÁ - Panamá, PanamáTelefonos: (507)3021555Fax: (507)2639071
BANCO CONTINENTAL
Cl 50PANAMÁ - Panamá, PanamáTelefonos: (507)2157000, (507)8006777, (507)3037000Fax: (507)2157134
MULTICREDIT BANK
Vía EspañaPANAMÁ - Panamá, PanamáTelefonos: (507)2690188Fax: (507)2644014
Most banks in panama will ask you this documents when you apply for a mortgage:
Photocopy of your entire passport (all pages including stamps)
Utility bill (showing your name and physical address)
Photocopy of one additional photo ID (Drivers License)
Curriculum Vitae (personal education & work resume)
Two (2) original bank reference letters
Two (2) original professional or commercial reference letters
Photocopy of bank statements for last 12 to 24 months
Las two (2) years tax returns (or audited financial statements)
Letter explaining your income sources & reason for the purchase of the property (personal residence, vacation home, rental property, investment, etc.)
Appraisal of the property (must be done by a bank-approved appraiser)
Purchase contract
Title deed of the property
Completed and signed bank mortgage applications and agreements
Please note, that most Panamanian banks require that all documents originating from outside of Panama, must be “authenticated,” either through the Panamanian Consulate in the home country (or region) of issue, or authenticated by “apostil” (an apostil is an internationally recognized form of notary/authentication).
so where to apply....
here is a list of banks
BANCO GENERAL
SUS BUENOS VECINOS
Cuentas Corrientes y Ahorros, Préstamos de Auto, Personales, Comerciales, Hipotecarios y Casacash, Tarjetas de Créditos y Banca en Línea
BANCO NACIONAL DE PANAMA
"SIRVIENDO A LA ECONOMIA DEL PAIS"
Prestámos Personales, Hipótecas Agropecuarias, Transferencias Internacionales, Cobranzas Internacionales, Giros, Tarjetas de Crédito Visa.
FINANCIERA PRESTO CASH
OLVIDE SU MAL CREDITO
Préstamos con Garantía de Terrenos, Casas, Apartamentos y Automóviles
TOWERBANK INTERNATIONAL, INC
HACEMOS LA DIFERENCIA
35 Años de Trayectoria, con el Mejor Servicio en Comercio Exterior, Hipotecas, Cuentas, Inversiones, Créditos Corporativos e Internacionales
BANCO ALIADO
Cls 50 y 56 ObarrioPANAMÁ - Panamá, PanamáTelefonos: (507)3021555Fax: (507)2639071
BANCO CONTINENTAL
Cl 50PANAMÁ - Panamá, PanamáTelefonos: (507)2157000, (507)8006777, (507)3037000Fax: (507)2157134
MULTICREDIT BANK
Vía EspañaPANAMÁ - Panamá, PanamáTelefonos: (507)2690188Fax: (507)2644014