Financing & Credit Solutions
We all have different financial circumstances, which is why tailoring financing and credit solutions to our clients' needs is paramount. Our role is to offer guidance and advice to help you make the very best financing decisions.
Our International Mortgages allow international clients to buy their second home. It is available in most English-speaking islands throughout the Caribbean and the Bahamas.
For standalone property, access up to:
- 65% financing for properties costing up to USD 2.5 million, exclusive of furnishings
- 60% financing for property purchases in excess of USD 2.5 million
For condos, access up to:
- 60% financing up to USD $1.5M
- 50% financing above $1.5 M
Minimum financing is limited to USD 250,000. CIBC FirstCaribbean International Banking offers competitive interest rate options: LIBOR linked, Fed Rate linked or fixed rate options. Land loans are also available. Terms of international mortgages are 20 years or up until the age of retirement (maximum terms for condos: 15 years)
Financing and Credit Solutions
CIBC FirstCaribbean International Banking offers Margin Lending, Consumer Loans and Overdrafts to its International Personal Banking customers.