LOANS

Loans Designed for You

Buy, Build, or Refinance with Volo

Buying land or a home is exciting. Let us deal with the complexities of financing, so you can focus on Pura Vida.  

 We offer fixed or adjustable-rate loans, to meet your unique needs. 

Home or Lot Purchases

Purchase

We’ll work with you to get the right loan. Let’s talk to discuss your unique situation.

Build

Want to build your dream home? We have lot loans with up to 36 months to build. Let us make your dream a reality.

Refinance

If you’re ready for a better loan or just want to free up cash locked into your home, we have options. Let’s talk to discuss the best approach for your property.

Our loan products

7/6 Adjustable Rate

This is a 30 year amortization loan. The first 7 years the interest rate is fixed, after that it becomes adjustable once every 6 months.

5/6 Adjustable Rate

This is a 30 year amortization loan. The first 5 years the interest rate is fixed, after that it becomes adjustable once every 6 months.

30 Year Fixed

This is a 30 year amortization loan where the interest rate is fixed for the life of the loan.

3/30 Lot Loan

Payment is based off of a 30 year amortization loan where the interest rate is fixed for 3 years after which the full balance is due.

*Loan to Value Limits

The loan to value represents a maximum percentage of the property value that can be financed. For example, a home with a value of $1,000,000 can receive a maximum loan of $750,000.

  • Up to 75% when the loan amount is between $100,000-$1,000,000
  • Up to 70% when the loan amount is between $1,000,000-$2,000,000
  • Up to 65% when the loan amount is between $2,000,000-$3,000,000
  • Up to 60% when the loan amount is between $3,000,000-$4,000,000
  • Up to 55% when the loan amount is between $4,000,000-$5,000,000
  • Up to 50% when loan amount is $5,000,000+
  • Lot loans are capped at 50% of a property’s value.

The loan to value represents a maximum percentage of the property value that can be financed. For example, a home with a value of $1,000,000 can receive a maximum loan of $750,000.

  • Up to 75% when the loan amount is between $100,000-$1,000,000
  • Up to 70% when the loan amount is between $1,000,000-$2,000,000
  • Up to 65% when the loan amount is between $2,000,000-$3,000,000
  • Up to 60% when the loan amount is between $3,000,000-$4,000,000
  • Up to 55% when the loan amount is between $4,000,000-$5,000,000
  • Up to 50% when loan amount is $5,000,000+
  • Lot loans are capped at 50% of a property’s value.

Experience Pura Vida.

Finance your costa rican home today!

Rates starting at 9.500%*

7/6 Adjustable Rate

  • 30-year amortization.
  • Initial rate fixed for the first 7 years.
    • Interest rate may adjust up or down on the first payment of the 8th year.
    • Loan interest rate may increase a maximum of 5.000% from the initial start rate.
    • Loan rate will never be less than 4.5%.
    • After the initial adjustment, the rate may adjust once every six months with a maximum adjustment of 1.000% up or down.
    • Rates based on 180-day SOFR plus a 4.5% margin.
  • Loans up to 75% Loan to Value (LTV)*
  • No prepayment penalties

5/6 Adjustable Rate

  • 30-year amortization.
  • Initial rate fixed for the first 5 years.
    • Interest rate may adjust up or down on the first payment of the 6th year.
    • Loan may increase a maximum of 5.000%  from the initial start rate.
    • Loan rate will never be less than 4%.
    • After the initial adjustment, the rate may adjust once every six months with a maximum adjustment of 1.000% up or down.
    • Rates based on 180-day SOFR plus a 4% margin.
  • Loans up to 75% Loan to Value (LTV)*
  • No prepayment penalties

30-Year Fixed

  • 30-year amortization.

  • Interest rate is fixed for the lifetime of the loan.

  • Loans up to 75% Loan to Value (LTV)*

  • No prepayment penalties

3/30 Lot Loan

  • Payment based off of a 30-year amortization.

  • Interest rate is fixed for 3 years after which remaining balance is due in full.

  • Loans up to 50% Loan to Value (LTV)*

  • Can be used for purchase or cash out refinance 

  • No prepayment penalties