MEXLend has built a reputation as the most trusted mortgage broker in Mexico and has been helping homeowners obtain home financing in Mexico for over a decade. We are dedicated to finding the right mortgage solution for all of our clients buying a home in Mexico and have various options of home loans for Mexican properties available, including US Dollar loans and Mexican peso loans. Here are a few of the differences between the two financing options.
US Dollar Loans
Our exclusive USD home loans in Mexico are available to all nationalities purchasing property in Mexico. A residency visa is not required and clients can expect quick approvals and fast closings. Cash out financing up to 50% is also available through this program, helping you to access your home equity.
Mexican Peso Loans
Peso Loans are available for Mexican nationals and those who have or are in the process of becoming officially expatriated. While interest rates are higher on these home loans, most require lower down payments and the monthly payments become much more attractive when you convert from dollars to pesos.
Purchasing a vacation home in Mexico doesn’t have to be a dream with so many home financing options in Mexico available with MEXLend. Contact us today for more information on the home loan solution that is right for your needs.
