Coldwell Banker La Costa works closely with preferred lenders, offering asecure cross-border financing solutionto United States citizens looking to own property in Mexico. We pride ourselves on choosing preferred lenders who exercise transparent lending transactions.
Transparent lending means that every mortgage, no matter which loan program you choose, has a fixed rate and no hidden fees or penalties, EVER!. Full time attorneys and lawyers are a huge part of our preferred lenders’ transparent lending, ensuring that there is no page left unturned.
Upfront fees,familiar processextremely similar to mortgaging in the United States,efficient closingsand alifetime partnershipis the core of the mortgaging program that Coldwell Banker La Costa offers. Simple, easy and the best way to go if you are thinking of financing your property in Mexican paradise.
Our preferred lenders offer purchase, refinance, or cash out refinanceloans up to 60% of the appraised value or purchase price.
If you are looking to mortgage and finance a property in Mexico, don’t worry – it is much easier than you think and 100% stress-free! Start your mortgaging process today with Coldwell Banker La Costa!
Call now to see if you qualify! (+52) 322 223 0055
The availability of mortgage financing in Mexico today is substantial – for Mexican Nationals, Permanent Residents, and Non-Residents. With less than 15% of the existing housing stock currently financed with long-term mortgage loans, the institutional and governmental financing sources are almost unlimited, meaning the potential market for new mortgage financing is set to expand substantially.
Mortgage financing and loans in Mexico are typically granted in Mexican pesos with the potential for loan-to-value ratios of up to 90%, with fixed-rate interest plans.Contact us today for current interest rates at(+52) 322 223 0055.Interest rates can be fixed for up to 20 or 25-year amortizations. The qualification requirements are very similar to the underwriting standards one would expect anywhere: strong credit score, consistent and verifiable bank deposits, tax returns, and professional appraisal.
