Owner Financing

Sunset Valley Estates, SA is pleased to let you know that we are offering owner financing
for the purchase of lots. The terms of the financing are as follows:

(1) interest rate: 5.75%
(2) amortization: 25 years
(3) balloon: 4 years
(4) 30% minimum down payment
(5) 6% finance fee on the amount financed if the down payments is less than 40%.

Note: Closing costs of 2.5% of the purchase price of the lot also apply. These costs cover attorney's fees, surveying of the lot, and government recording and documentation fees for the deed.

Your completed credit application is due within 10 days following the signature date on the
Sunset Valley S.A. Real Estate Reservation Agreement (Agreement) for the lot(s) being financed. Additional supporting documentation may be requested of you, which must be submitted within 7 business days.

You may print a credit application from this website:

Credit Application and Agreement for an Individual
Credit Application and Agreement for a Business

Alternatively, you may request that we email the application file to you.

Your application will be processed within 7 business days and, if approved, you will receive a mortgage note for your review. This note is an agreement between you and Sunset Valley S.A.. You also will receive a mortgage contract in Spanish (with an English translation provided) that, upon your signature and ours, will be recorded in the Dominican Republic along with your signed sales contract to show a lien on your property for the amount of the loan.

If you are satisfied with the terms and conditions of the mortgage note, a signed mortgage note AND a signed mortgage contract are due no later than 30 days following the signature date on the Agreement for the lot(s) being financed.

After we have received these two signed documents, you will receive your closing packet. Payment of the non-financed portion of the total purchase price and closing costs, along with two original, signed Act of Sale contracts, are due no later than 45 days following the signature date on the Agreement for the lot(s) being financed.

If owner financing is not approved or you decline owner financing as approved, full payment of the total purchase price of your lot(s) is due to Sunset Valley S.A. within 45 days following the signature date on the Agreement for the lot(s) being financed, as agreed to on that form.

The first month’s mortgage payment and any finance fee are due on the first day of the first month after the 75th day following the signature date on your reservation agreement. (For example, if the reservation agreement is signed on August 15, day 75 is November 8, and the first mortgage payment/finance fee is due December 1.) You will receive a payment coupon book by email.

More details about the closing process for owner financing is at Closing Process (click on "Detailed Guide" and then on "Owner-Financed Closing").