Yes, Panamanian citizens can obtain a mortgage to purchase property in Florida. Panama has a strong international banking sector and US dollar-pegged currency (the Balboa), giving Panamanian buyers a favorable financial profile with lenders. With a typical down payment of just 25%, competitive financing is readily available. Panama's growing diaspora in South Florida, particularly in Miami's Brickell and Doral areas, makes Florida a natural choice for investment and second homes.
25%
Minimum
Panamanian buyers need a 25% minimum down payment, valid passport, cédula de identidad personal, RUC (if self-employed), 12 months of bank statements, 2-3 bank reference letters, proof of income (carta laboral for employees, declaración de renta for self-employed), and a CPA letter. Panama-specific: Panama's strong international banking sector and USD-pegged currency make financial documentation highly credible with US lenders.
The mortgage process for Panamanian buyers takes 30-45 days. Pre-qualification in 1-2 days, document gathering 1-2 weeks, underwriting 2-3 weeks, closing 1 week. Panama's international banking standards and English-language financial documentation from major banks can accelerate the underwriting process.
Contact us for a free consultation about your mortgage options as a foreign national buyer.
We review your financial profile and determine your estimated loan eligibility and terms.
Gather your country-specific documents with our personalized checklist and expert guidance.
Submit your complete application package to our partnered lenders for review.
Your application is reviewed and approved. We handle all communication with the lender.
Sign your documents and receive your keys. Remote closing options are available.
Panamanian citizens can finance Florida real estate with a 25% down payment through HFG International's foreign national mortgage programs — one of the lowest rates available. Key documents include a valid passport, cédula de identidad personal, RUC (if self-employed), and 12 months of bank statements. HFG specializes in serving Panamanian buyers, leveraging Panama's USD-pegged Balboa currency and international banking standards for streamlined underwriting.
Call Medardo F. Cevallos — he understands the Panama mortgage process.
ITIN mortgage programs allow foreign nationals living in the US without a Social Security Number to purchase a home. Here's everything you need to know about qualifying and applying.
Yes — citizens of many countries can purchase Florida real estate without a US visa through special no-visa mortgage programs. Learn who qualifies and how the process works.
A detailed breakdown of down payment requirements for foreign national mortgages in Florida, organized by country and risk tier — plus tips to minimize your upfront costs.
