Caribbean Luxury Homes, Hotels and Land for Sale

LOAN REQUIREMENTS

BANCO POPULAR

LAS TERRENAS, SAMANA PENINSULA, DOMINICAN REPUBLIC

8 November, 2007

With Cedula (residency card):

1. Bank statements from last year (not required if banking with Banco Popular)

2. Passport

3. A letter from purchaser asking for the loan

4. Met Jaime the bank manager

5. Financial statement from accountant showing Net Worth

6. Appraisal done by bank appointed appraiser. Bank Manager accompanies. (+/- $150.00 USD)

Without Cedula: all the above plus…

Last income tax statement

International credit report from TransUnion (´Express¨ prices are more)

a. United States US$20.00

b. Europe US$180.00

c. Spain US$100.00

d. Latin America US$125.00

e. Caribbean US$250.00

Banko Popular loans 80% of the value of the property so expect to pay 20% down

Interest rate at time of this writing is 9.0% USD and 13.95% Peso

This is for a 20 year note

DanDannyDaniel L Hussmann

DR Paradise Realty

829-644-8094

www.drparadise.com