Mortgage on a Home in the DR but live in the US

cobraboy

Pro-Bono Demolition Hobbyist
Jul 24, 2004
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I can tell you this..... with certainty

when I entered the USA, my Cdn credit was worth ... ZERO.,. non transferable

whether RD will accept foreign credit status is the question

knock on doors and see who answers the call.

My million pesos....
Most loans in the DR are low ratio asset loans, not so much based on credit or income, and based on the character of the borrower-like old time community banks used to do.

And many use the DR credit scores from the formal economy.
 
Sep 4, 2012
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That logic might apply to locals. For foreigners, credit files are a must along with taxes and proof of income among other things.