Banco de Costa Rica loans millions to homebuyers


Banco de Costa Rica (BCR) Thursday, the release of more than ¢100 billion (nearly $18 million) in housing credit loans this week, money that could ultimately help as many as 6,000 families who wish to build or buy a home.

For a ¢20 million (about $35,736) loan, a person would have to make payments of ¢250,000 ($447) a month. Prior to this program, loan recipients had to make payments of a little more than ¢300,000 ($536).

For More Visit http://www.thecostaricanews.com

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  • 3/4/2009 4:44 PM jorge wrote:
    That is great news! It is really good to hear that here in CR that the tico's can now start buying houses here as they were before. Thanx CRN for the update I needed the good news!!
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