Mortgages in the Bahamas tend to fall into two main categories. The first is typically mortgages that are relatively simple in terms of structure but for which you may need to borrow a significant amount from specialist lenders. Alternatively, you may have a highly complex situation that requires meticulous – and specialist – planning. The latter can range from borrowing a million dollars all the way up to a multi-million-dollar investment.
Whether you will need a more "traditional" mortgage or a very bespoke finance deal, Enness will be able to put together the best financing for you. Your broker will also have access to alternative lenders and will be able to open up the world of private equity, hedge fund, and family office funding which is not generally publicised but available to select individuals with the right situation and background.
Depending on your circumstances, Enness usually try to accommodate foreign real estate investment in the Bahamas via private banking relationships. Private banking services in the Bahamas are targeted to high-net-worth individuals with global assets and multiple income streams, different currencies, and personal backgrounds.
Bear in mind that you will need to bring at least some capital to the table for Bahamian mortgages: banks will want to see a degree of liquidity and an interest reserve account equal to one year’s interest on your mortgage. Outside of this, there is generally significant room for negotiation, however. As a result, Enness will be able to negotiate deals and terms that would be out of reach to you operating alone or with less experienced brokers.
These are generally the most flexible in terms of appreciating foreign income and worldwide assets. Enness will structure the perfect deal for you, present your financial situation in the best light, and secure the best mortgage finance.