Costa Rica · Bridge Financing
Bridge capital to close now and repay when you sell.
Borrow against the equity in your current property, close the next move without waiting for the sale, and repay on exit. First-position mortgage, in USD, in 7 to 14 days.
What a bridge loan looks like on Lender.cr
12–16%
Annual rate
3–18 mo
Term
50%
Max LTV
7–14 days
Time to fund
01
What is a bridge loan?
A bridge loan is short-term capital that covers the gap between one transaction and the next — typically buying or investing before your current property sells. A private investor funds the loan against a first-position mortgage on your property; you get the capital immediately and repay when the sale or refinance closes.
- Get the capital now; repay when you sell or refinance.
- First-position mortgage registered at the Registro Nacional.
- Conservative LTV (max 50%) — your equity backs the deal.
- Interest-only, no prepayment penalty.
02
When a bridge loan fits
01
Buy before you sell
You found the next property but the current one hasn't sold. Borrow against your equity, close the purchase, and repay on the sale.
02
Cash-discount opportunity
A seller gives you a better price for fast, all-cash closing. The bridge gives you the liquidity to capture the discount.
03
Clear a lien or encumbrance
You need to free the property of a charge before selling or refinancing. A short bridge clears the blocker.
04
The bank won't fund in time
Your bank loan is in process but the deal won't wait. Use the bridge and repay when the bank disburses.
03
How it works
1. Tell us about the property
Property type, location, estimated value, and how much capital you need. Upload escritura and plano catastrado if you have them.
2. Preliminary LTV and rate
We run the LTV math and quote a rate band the same day. No commitment, no credit hit.
3. Independent appraisal
An accredited appraiser confirms value (paid by the borrower, $300–500). This fixes your final LTV and rate.
4. Investor funds and disburses
Your deal lists on the investor marketplace. Once committed, our notario partners register the mortgage and disburse funds — typically within 7 to 14 days from appraisal.
04
How much bridge capital can you take?
The calculator estimates your financing from your property value and the expected rate band. No signup.
Estimates only. Final terms depend on appraisal, underwriting, and the executed promissory note.
05
Lender.cr vs. the alternatives
| Lender.cr | CR bank mortgage | Traditional CR broker | |
|---|---|---|---|
| Time to fund | 7–14 days | 3–6 months | 30–60 days |
| Origination fee | 4–5% | 1–3% | 8%+ |
| Income proof required | No — collateral-based | Yes — extensive | Sometimes |
| Foreigners and entities accepted | Yes | Rarely | Yes |
06
Frequently asked questions
How is this different from a regular mortgage?+
A bridge loan is short-term by design and meant to be repaid soon — on a sale, refinance, or other closing. Same collateral (first-position mortgage), but with a term and structure built for a fast exit.
How much can I borrow against my property?+
Up to 50% of appraised value (LTV). On a property appraised at $400,000, that's up to $200,000 in principal.
What if my property takes a while to sell?+
The term is set with room over your expected sale timeline, and can be restructured if the sale slips. Talk to us early — we'd rather adjust than foreclose.
Do I need to prove income?+
No. We underwrite the property, the title, and the appraised value — not your payroll history.
Can foreigners or entities borrow?+
Yes. As long as the title is clean and the LTV fits, we lend to foreign residents and to companies (cédula jurídica).
Mortgage Loan Disclosures
Mortgage loan terms, costs, and consequences of non-payment
This is a mortgage loan secured by real estate, NOT a personal loan, payday loan, or short-term credit product. Mortgages are explicitly excluded from Google's personal-loans advertising policy.
Lender.cr operates a private mortgage marketplace in Costa Rica. Every loan is secured by a registered first-position lien (hipoteca de primer grado) on residential or commercial real estate located in Costa Rica. The loan cannot be issued unless the lien is recorded in the Public Registry. Final terms — interest rate, fees, and amortization schedule — are set per deal between the borrower and the funding investor, and stated in writing in a notarized credit agreement before disbursement.
The ranges below reflect typical terms across the marketplace and are not an offer of credit. Pre-qualification, property appraisal, title verification, and underwriting are completed before any binding offer is issued. Repayment terms are never shorter than 12 months.
- Loan classification
- Mortgage loan (hipoteca con garantía real). Real-estate-secured. Not a personal loan, payday loan, signature loan, line of credit, or any form of unsecured consumer credit.
- Collateral required
- Registered first-position mortgage lien on real estate located in Costa Rica. Loan-to-value capped at 50% of appraised value. No loan is funded without a recorded lien.
- Operating jurisdiction
- Costa Rica. All loans are originated, secured, and serviced under Costa Rican law.
- Loan amount range
- USD $25,000 – USD $2,000,000.
- Repayment term
- Minimum 12 months. Maximum 60 months (5 years). Interest-only or amortizing schedules available. Loans repayable in 60 days or less are never offered.
- Annual interest rate
- 12% – 16% per year, fixed for the loan term. Rate is set by the funding investor based on property, LTV, and borrower profile.
- Maximum APR (including fees)
- 22% APR. Includes interest plus origination, appraisal, notarial, and registry fees expressed as an annualized cost.
- Origination fee
- 4% – 5% of loan principal, charged at disbursement. Plus third-party costs (appraisal, notary, public registry) charged at cost.
- Late-payment fee
- 1.5% of the overdue payment, plus default interest as defined in the credit agreement.
Representative example
Loan principal: USD $100,000. Term: 36 months, interest-only with balloon at maturity. Interest rate: 14% per year, fixed. Origination fee: USD $4,500 (4.5%). Third-party costs (appraisal + notary + registry): ≈ USD $2,800. Monthly interest payment: USD $1,166.67. Total interest paid over 36 months: USD $42,000. Total cost of credit (interest + origination + third-party): ≈ USD $49,300. Effective APR including all fees: ≈ 18% per year.
Consequences of late or non-payment
Late payments incur the late-payment fee and default interest. Persistent non-payment authorizes the lender to initiate judicial foreclosure proceedings against the property securing the loan, in accordance with the credit agreement and Costa Rican law. The borrower may lose the property. Negative credit reporting may also apply. Borrowers are encouraged to review the full credit agreement with independent legal counsel before signing.
Lender.cr is a marketplace platform, not a bank or licensed deposit-taking institution. Loans are funded by private investors. This summary is informational and does not replace the binding credit agreement. Last updated: 2026-05.
Run your numbers in 30 seconds.
The calculator tells you how much bridge capital you can take and what rate band to expect. No signup required.