Providing the proper documentation to get loan approval is essential. Reference letters are an essential part to show proof of history of behavior and character to the underwriter reviewing your file. We require two reference letters:

  1. One letter is needed to testify to your personal character and
  2. The other letter will reference your professional character.

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Your professional reference letter needs to come from someone you either work for or with currently — or in the case of self-employed applicants, someone you currently do business with. This will have to be on letterhead and contain the position of the individual issuing the letter.

Your personal reference letter can either come from someone you work with or it can come from a good friend of many years. When requesting someone to write a personal reference letter on your behalf it is always wise to use someone that has known you a considerable length of time so they can note that in their referral as well as utilizing someone that will issue it on their company letterhead if possible.

Here are two examples:

Personal Reference Letter To Help With Your Costa Rica Mortgage Process:

To Whom It May Concern:

I have known John Bailey for the last six years now.

We met through our sons who were in the same school and we both are in the PTA.

Over the years, our acquaintance has ripened and grown into a good friendship. I have come to know John as a very sincere, helpful, correct, honest, hardworking and respectful gentleman. I have always appreciated his polite and courteous nature. Our communities and schools would be much better places with a few more people like John, who are giving and do well for the community as a whole and bring people together rather than tear them apart.

I always see him with a smile on his face. He is a friend in good times and in bad times. John is just a ‘Great Guy’ and I am glad to have him as a friend.

Professional Reference Letter To Help With Your Costa Rica Mortgage Process:

To Whom It May Concern:

I have known Tracy Miller for over ten years on a professional as well as personal level. My involvement has been mainly professional and I have had numerous business dealings with her and her husband. I have found her to be an honest and integral person, both personally and in her business dealings.

She is a ‘straight shooter’, tells it like it is and when she tells you something, one can know it is the full truth. I would consider her not only a good business associate, but also a good friend as she is ethical and hard working in business.

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