Financing a property in Mexico offers a gateway to diverse investment opportunities in Latin America’s most vibrant property markets. With its rich cultural heritage, booming tourism sector, and growing economy, Mexico presents an enticing landscape for domestic and international investors.
Navigating the realm of real estate financing in Mexico requires a nuanced understanding of its unique regulatory framework and financial landscape. While traditional mortgage options are available through domestic banks, foreign investors may encounter specific requirements and limitations.
Additionally, alternative financing avenues such as private lenders and Mexican bank loans offer flexibility and accessibility to a broader range of investors.
Despite the challenges, investing in Mexican real estate can yield lucrative returns, whether through residential properties, commercial ventures, or vacation rentals. With careful research, strategic planning, and expert guidance, financing for real estate in Mexico can unlock opportunities for investors seeking to capitalize on the country’s dynamic market and promising future.
When we help our clients to find the best investment opportunity we also help find the best financing options, for non-Mexican citizens and Mexicans living abroad.
- PERSONALIZED, tailor-made plans from $100,000 to $2,000,000 USD. We will accompany you throughout the process: from the credit application to the signing of deeds
- ACCESSIBLE, we help you get the lowest cost of financing in the Mexican market, flexibility with income verification, and you can send payments in advance without a penalty fee.
- TRUSTWORTHY, we only work with solid companies with proven experience. Authorities regulate all the contracts, and you will get a formalization through a Trust.
- SAFE, Protection for you and your family, your monthly payment includes life insurance, and property damage insurance (*for some plans)
PRE-CONSTRUCTION MORTGAGE
Advantages:
- Fixed rates for the entire term of the loan
- Up to 36 months to complete the downpayment
- Pre-payment without penalty
- The mortgage can be in MXN, USD or CAD
- You don´t need to have Mexican residency
- Flexible with income verification
A) Pre-construction mortgage in Mexican Pesos
- 40% Down payment of the transaction value.
- Annual interest rate from 10%, up to 9-year term
- Up to 36 months to sign the deeds of the property
- Minimum Score required: 650
- Closing costs can be financed (*depending on the property`s appraisal)
B) Pre-construction mortgage in USD / CAD
- 30% Down payment of the property value.
- Annual interest rate from 11%
- Up to 36 months to sign the deeds of the property
- Interest payments are deductible against gross income in the US and against rental income in Canada
- Payments can be made in USD or CAD
IMMEDIATE DELIVERY / RESALE PROPERTIES MORTGAGE
Advantages:
- The interest rate will remain fixed throughout the loan’s entirety
- Downpayment from 20%
- You can pay in advance without penalty
- The mortgage can be in MXN, USD or CAD
- You don´t need to have Mexican residency
- Flexibility regarding income verification
A) Inmediate Delivery / Resales in Mexican Pesos
- LTV up to 80%
- Interest Rate 10.53% to 11.16%
- Fixed monthly payments
- Life and property insurance is included in the monthly payment
- Minimum Score required: 689
B) Inmediate Delivery / Resales in USD / CAD
- LTV up to 70%
- Interest Rate from 8.9%
- from 10 to 30-year term
- Fixed monthly payments
- Minimum score required 660
- Interest payments are deductible against gross income in the US and against rental income in Canada
Requirements:
Passport
Birth and Marriage certificate Utility Bill
Bank account statements for the last 6 months
Tax return for the last 2 years
Credit report (detailed with monthly payments and total debt) and FICO score
Contact us today for more information: GET PRE-QUALIFIED TODAY!
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