Property
Chile — Property: Mortgage Availability
Mortgage availability in Chile is uncertain, but foreign buyers can obtain mortgages with varying requirements and restrictions. Specific interest rates and loan terms are also variable.
VerifiedPrivate source: Expat Focus — not a government sourceChile - Property Financing - Expat FocusLast reviewed: 2026-09-08
Key facts
- Foreigners can obtain mortgages in Chile, with specific requirements and restrictions being unclear.
- Chilean banks may have varying requirements for foreign borrowers, such as minimum income or credit history standards.
Steps
- Researching Chilean banks — Identify banks that may offer mortgages to foreigners and review their individual requirements.
- Contacting a bank — Reach out to a bank to inquire about their mortgage options for foreign buyers.
Costs
- Mortgage interest rate: varies
- Loan fees: varies
Timelines
- Processing time: unknown
Required documents
- Passport
- Proof of income
- Credit report
Common mistakes
- Overestimating the ease of obtaining a mortgage as a foreign buyer
- Not researching individual bank requirements