The organization is offering a series of financial literacy workshops to help Dominicans living in New York access loans to purchase homes in the Dominican Republic. These workshops will be held at the Consulate on Friday the 17th, Monday the 20th, and Tuesday the 21st of this month, from 8:00 AM to 4:00 PM.
Taken from Hoy
New York. Banco de Reservas announced yesterday that Dominicans living in this city can take advantage of special rates starting at 5.8% offered by ExpoHogar, which will remain in effect until September 30, to purchase real estate in the Dominican Republic.
The information was provided by the financial institution's Deputy Business Administrator, Ysidro García, at a press conference held at the Dominican Consulate. It was highlighted that next week Banreservas will open its new representative office in New York City, located in the Marriott Marquis Hotel, in a ceremony to be presided over by the President of the Dominican Republic, Luis Abinader.
“To make the acquisition of your properties a reality, we offer you annual interest rates starting at 5.8%, fixed for up to 10 years, with repayment terms of up to 20 years, so that no one is left without their home,” García emphasized.
He added that those interested can choose to finance up to 90% of the property value, for which they will have the coverage of Seguros Reservas.
Financial talks
Similarly, Banreservas has been offering a series of talks since yesterday on financial education, facilities for accessing loans to acquire a home in the Dominican Republic, and other services that Dominicans residing in the United States can benefit from, through the different channels offered by the bank.
In this regard, the consul in New York, Eligio Jáquez, praised Banreservas' initiative because for the first time these facilities and banking service channels will be available to Dominicans residing here.
The talks will be offered at the Consulate on Friday the 17th, Monday the 20th and Tuesday the 21st of this month, from 8:00 a.m. to 4:00 p.m., by Banreservas business executives Robinson Portorreal, Paula González and Edgar Abreu.
García explained that the economic guidelines are intended to further strengthen the ties that the Dominican community residing in this important city of New York, as well as in other US locations, has with the country.
