Financing In Mexico Is Now An Option
Financing In Mexico Is Now An Option. No bank in the state or Canada will give you a loan to buy a property in Mexico. So, you have to look at your options.
Financing options in Mexico
Financing in Mexico
Owning a property in Mexico is a dream that can now be a reality. Property in Mexico is usually a second home, a home away from home.
Most people that buy a property in Mexico do so by paying cash.
Financing is available through a private lender in Mexico. However, you must be ready to pay higher interest rates of up to 11%
In most cases, you are only given up to 60% of the total value of the property you want. This means that you still have to come up with 40% of the total value.
There are many lenders out there now. These have stayed active for some time now while many lenders have failed to stay in business.
With so much information to be looked into, we make it easy for you to ask all the questions before diving in.
If you are interested in more details please contact us or one of these credit agents directly.
Thalía Saldaña Gómez
Natalia Vital Albarrán
Jr. Mortgage Executive