Reader Gloria left this question in the MEXLend comment section:
“”We have a new condo in Nuevo Vallarta that we bought pre-construction in 2005. We now have possession, but because of cost overruns and devaluation of our home in the states we have run out of money to finish and furnish our new home. We have [...]

Q: “Are mortgages available for foreigners who not only live, but work in Mexico?” Veerle Van Looken, Belgium.

A: Yes. Many people from other countries are eligible for mortgages. There are loan programs for purchase AND cash out refinancing available to you through both U.S. and Mexican lenders. Which lender you end up getting your [...]