Just an FYI
I contacted Scotiabank via email to get the logistics of getting a mortgage for property in the DR (I am a US citizen). I was advised that I would need to contact the local office in Santo Domingo.
I'll copy and paste the information I was given below if anyone is interested.
****************************************************
Dear Ms. ******,
With reference to your inquiry about obtaining a mortgage for a
vacation home in the Dominican Republic while residing in the United States;
Ms. ******, the domestic division of Scotiabank finances properties in
Canada, to borrowers that reside in Canada.
To obtain financing, the lender normally requires that the borrower
resides in the same country as the home being purchased, due to the
property being the security for the loan.
To find out more about Scotiabank products and services available in
the Dominican Republic, please contact:
Nicole Reich de Polignac
Senior Vice-President & General Manager
Call Centre Phone: (809)567-7268
Fax: (809) 567-5732
Mail: Apartado 1494
Aves. John F. Kennedy and Lope de Vega
Santo Domingo, Dominican Republic
drinfo@scotiabank.com
SWIFT: NOSCDOSD
We trust we have handled your inquiry today to your satisfaction.
Ms. ******, thank you for contacting Scotiabank.
Regards,
Taz Alladina,
Email Customer Service Specialist,
Customer Contact Centre,
Scotiabank