Realtors and Developers
We have created this page specifically for the realtor and developer who are interested in increasing their sales by offering financing to their clients.
MEXLend pioneered the path of a mortgage broker in the Mexican market and we have worked assiduously with realtors and developers to smooth out the process and explain the intricacies involved to bring you and your clients better results.
Our primary directive to our loan officers is to communicate constantly with the sellers, realtors and developers as we do our clients. You will be kept in the loop with every loan as we go through the closing process. You will never be in the dark. Since we are headquartered in Mexico, our loan officers are a part of your community and are mandated to act accordingly.
The following are questions and an overview concerning financing for Mexican properties:
Why Financing Is Important To You:
- Increase your client base—for every “ALL CASH” buyer, there exist hundreds of clients that need financing to buy.
- Increase your sales—during a slowing market, you need to use all tools at your disposal.
- Bolster current market prices
Who is eligible for financing?
- U.S citizens and residents
- Canadian Citizens
- Mexican Nationals
- All Foreign Nationals residing and receiving income in Mexico
Loan Products:
- Purchase for homes and condos
- Purchase of lots (must be in development and no larger than 2,000 sq meters..)
- Construction to Permanent (on approved developments only)
- Acquisition of Land (Peso loans only)
- Cash Out Refinancing (50% of appraised value)
- Rate and Term Refinancing
Interest rates start at 6%
Down Payments start at 25%
Contact our main office for customized support marketing materials or to request a seminar for your sales staff. We can also supply lists of property document requirements and contractual clauses to protect both the financed buyer and seller. 01.322.222.7377