If you are a not a resident of the Cayman Islands you may be able to obtain financing from a local bank for the purchase of property in Cayman, however the banks may expect a larger than the common standard of 10% down payment in order to secure financing locally. Mortgage rates are normally US prime plus. 1503 Property Group has excellent relationships with many of the private wealth teams and lending managers at the top local banks and are happy to make introductions for sellers and buyers who are working directly with our team.