Financing property purchase in Mexico can be 30% to possibly more depending on all variables. Interest rates vary but are between 10% to 18%. If you want the option to have a mortgage
Normally Mexico requires cash purchases. Banks here offer mortgages from time to time, but you must live here to qualify. The interest rates from these banks are generally 25% to 35% and take about 6 months to be approved or declined.
Having mortgage options inside Mexico from American resources fills a gap. Having a Plan B outside your home country has many perks which may only be possible with a mortgage. Please contact us if you are interested in financing options for Mineral de Pozos or San Miguel de Allende properties.
Call Elizabeth at 468 127 0044 or email: email@example.com for financing property purchase in Mexico.