Caribe Federal provides you with the support you need when purchasing a property or refinancing an existing one. Our representatives are specialized in mortgage loans and will guide you through the entire process.
We can facilitate prequalification by calling 787-474-5151, select mortgages or dial any of the extensions 5262, 5385 or 5423. You can also do so by writing to us directly at the email: mortgage@caribefederal.com or requesting more information by clicking here and completing the corresponding spaces with your contact information; then, a mortgage professional will be contacting you to assist you.
The processing of a mortgage loan requires several important documents and evidence to be able to handle your application, so some basic documents will be required.
Caribe Federal has the perfect mortgage for your main residence and offers the flexibility that you need to acquire or refinance your home.
*Certain restrictions apply. Subject to credit approval and other parameters established by the secondary market and CFCU. Your interest rate will be determined based on your credit history and Loan-to-Value.
Caribe Federal Conventional Mortgage has several options of flexible financing for your main residence, second home or investment property, with conforming and non-conforming conventional mortgage products.
*Certain restrictions apply. Subject to credit approval and other parameters established by the secondary market and CFCU. Your interest rate will be determined based on your credit history and Loan-to-Value.
A second mortgage is an excellent option for accessing liquidity of your property as collateral. It’s ideal for those who need resources to invest, consolidate debt, or make home improvements.
*Certain restrictions apply. Subject to credit approval and other parameters established by the secondary market and CFCU. Your interest rate will be determined based on your credit history and Loan-to-Value.
We offer you the chance to finance the purchase or refinancing of your land.
Caribe Federal can help you get approved to participate in the Pronto pa' tu Casa program, designed for low and moderate income households.
At Caribe Federal, we have several mortgage options so you can choose the one that best suits your needs: FHA, VA, and Rural mortgages for primary residences; conventional mortgages for primary residences, second homes, or investment properties; second mortgages to access your property's equity; and mortgages for land. Our representatives will guide you every step of the way to help you choose the best option.
Yes! We offer a no-obligation mortgage pre-qualification so you can see how much you can finance before you begin your search. You can request one by calling 787-474-5151 and selecting the mortgage option, emailing us at mortgage@caribefederal.com, or filling out the information request form.
Basic documents include a copy of the deed or purchase agreement, proof of income (recent pay stubs and W-2 forms if you are employed, or tax returns from the last two years if you are self-employed), bank statements from the last two months, a photo ID, and the Social Security card for each applicant. Additional documents may be requested during the process, depending on the type of loan.
Yes! At Caribe Federal, we offer refinancing options with and without surplus funds, depending on the mortgage product you choose. If you already have an existing mortgage and want to improve your interest rate, lower your monthly payment, or access the equity in your property, our mortgage specialists can guide you toward the best option for your situation. Contact us at 787-474-5151 or email us at mortgage@caribefederal.com to get started. mortgage@caribefederal.com to start.
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