Residential Home Loans Mexico
Due to the nature of the mortgage environment, the terms below can change.
You have our promise that we will get you the best loan for your
circumstances.
What are the loan programs available?
Vacation/Second Home Financing completed construction
$100K loan amount minimum:
- 20 years fixed
- 25 years fixed
- 30 years fixed
- 20 years ARM
- 25 years ARM
- 30 years ARM
Construction to Permanent (pre-approved developments only):
20 years fixed / $300K loan amount minimum.
This loan includes the property purchased and is treated as a construction loan in the US would be treated; with payments made as certain construction landmarks are attained.
Preconstruction condos:
20/25/30 years fixed and ARMS / $300K loan amount minimum for fixed
$100K loan minimum for ARMS
Cash out refinancing:
Cash out for up to 50% of appraised value of property
Peso loans:
For Mexican nationals and all foreigner buyers living and receiving income
in Mexico
9.9% starting interest rates
Down payments starting at 10%
for buyers who have minimal income documentation, we have a new program that only requires a letter from CPA starting income. This loan currently has a rate of 10.5%
Commercial Loans
- Business loans
- Development loans
These loans are highly specialized. Each is unique and as such there is no set framework or interest rate to quote. However, as these loans are being financed through US and international sources, we offer extremely competitive terms.
MEXLend is uniquely poised to offer financing for both developers and business professionals at very competitive rates.
Typically, loans must fall into the $5 million to $12 million range.
Financing your development activities frees much needed capital to move into your next projects.
We have currently $800 million in dedicated financing options for this purpose.
The lender uses this form to record relevant financial information about an applicant who applies for a conventional one- to four-family mortgage.
