Seller financing
The most common option is financing from the seller. Typical terms are 30 to 50 percent down, a term of 1 to 5 years, interest of 4 to 8 percent a year, payments set on a longer schedule, and a balloon payment at the end. The seller holds a mortgage on the property until it is paid off.
Local banks
Banks on Roatan rarely lend to non-residents, and when they do, interest usually runs 9 to 12 percent.
Borrowing at home
Banks in North America do not lend on foreign property, but many buyers take a second mortgage on a home they already own and use those funds on Roatan. Some buyers also use retirement account funds. Talk to your own financial adviser about what fits you.
This guide is general information, not legal or tax advice. Laws and fees change, so confirm the details with a Honduran attorney.