Mortgages

With the right advice always at hand
With the right advice always at hand

Our experienced mortgage officers are the people to talk to, whether you are planning to purchase your new home or to renovate your current dream home.

CMB RETAIL LOANS - MORTGAGE INFORMATION

Requirements for purchasing property:

  • Appraisal Report under 1 year; must include “Complete Inzage”
  • Recent job recommendation letter
  • Pay slips of the last 3 months
  • If self-employed: last 2 yearly financial statements + registration at Chamber of Commerce + Tax office declaration
  • Valid form of identification
  • Residents with work permits must have minimum of 10 permits and the last permit obtained
  • Same documents for spouse or partner
  • Down payment 20 %
  • Proof of address (awg. 5,- censo paper) or utility bill on client’s name

Requirements for construction / renovations:

  • Same as indicated above plus
  • Quotation of materials and labor signed by constructor (with ID) and client (in at least 5 phases and max 7)
  • Cleaning lot / Walls / Roof / Plaster, windows, electricity / Ceiling, Tiles / Sanitary, kitchen (optional) & painting
  • Copy of Constructor’s chamber of commerce
  • 2 reference names for the contractor. Mentioning name, phone number and address
  • Building permit (approved by DOW)
  • Approved building plans

Mortgage charges:

  • CMB Retail Loans Division Closing Fee 1,5% of loan amount
  • Insurances: Life / Personal Accident / Fire all inclusive (not necessary when purchasing property land only)
  • Notary charges
  • “Overdrachtskosten” / property tax (when purchasing property land and or house) 3% or 6%
  • Fondo charges 2.5% of property value plus Administration Fee
  • Guarantee letter will be requested from Fondo Nacional di Garantia in case client does not have 20% down payment

Notaries:

Notariskantoor Rodriguez – Taekema N.V.

Mr H.M. Rodriguez – Taekema

De la Sallestraat 60

588-2400

Notariskantoor Johnson

Mr. T.R. Johnson

Italiestraat 50 (Orange Plaza)Unit 10

2809950

Notariskantoor mr MJC Tromp

Mr. M.J.C. Tromp

Santa Cruz 35

585-3500

Notariskantoor Yarzagaray, Bödeker & Eman

Mr. R.E. Yarzagaray
Mr. M.A. Eman

L.G. Smith Blvd 20 Avenida Milo Croes 97

582-2850 582-2402

 

Appraisers:

Joe Fernandez Pedra

Joe Fernandez Architects - L.G. Smith Blvd 93

583-4911 / 593-0037

Anthony Rosenstand

Arcotec - Moko 32

583-7437

Ralph Wever

Associates Surveyers & Loss Adjusters - Cumana 77-F

582-8900 / 593-1759

Mark Hodgson

Hodgson Architectural Engineering m-hodgson@live.com

5933530

Leo Ponson

Archiosa Architectenbureau N.V. - Seroe Biento # 47

585-2462 / 594-0348

Hubert Hoek

Schoenerstraat 5

5827744 / 593-7088

Berend Prenger

Aruba Living Today Tankileendert 291

5879987 / 5938342

Antonio Wilson

Wilson Consultancy N.V. - Van Galenstraat 12

5938818

Jouel Croes

Cast N.V. - Ponton 67B Unit 1

5886248

 

For more information or to make an appointment please call us at (+297) 5223000 or contact us via
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