People purchase real estate in Mexico all the time and for many reasons. These include great weather, fabulous beaches, and the lower cost of living. They could be looking to buy a second, vacation, retirement or investment home – or a combination of any of these. At one time, there were several ways to fund […]
Foreign Buyer Tips: Financing a Retirement Home in Mexico is a guest contribution from real estate expert Anthony Gilbert. Foreign homeowners may have dreams of a retirement home in warm and exotic locations like Mexico. And there’s plenty of reasons. A residence in Mexico is often cheaper to buy and maintain than one in the […]
There is a unique financing option for foreigners available through CENTRO DE ALIANZAS FINANCIERAS HIPOTECARIAS SC MEXICO (CAFH Mexico). CAFH Mexico is a company whose purpose is the promotion, origination and processing of mortgage loans. Their main objective is to advise customers and channel financial institutions, according to the client’s individual needs. CAFH Mexico aims to address […]
More and more Americans and Canadians interested in buying Mexico real estate count on, or at least hope for some form of financing. Financing is typically not as or as common or easy to come by in Mexico as in the U.S. or Canada, yet there are options out there. Mortgages are one exciting possibility […]
Many Americans and Canadians have questions and doubts about financing a Mexico real estate purchase through a mortgage when they first undertake the process of buying property. The following are some of the main questions which buyers ask about mortgages in Mexico with answers from professional sources. Q. Is financing available for non-Mexicans buying property […]
Mexico mortgages have been reducing slowly over the past several years. Nearly five years ago, interest rates down in Mexico were above 12%, today it is completely different. In the video interview below, we discuss several important issues for non-Mexicans wanting to take out a loan on their Mexico real estate purchase. If you want […]
Although there has been some tightening in the lending industry in Mexico, there are still many options available, both in pesos or dollars. I have been told from many realtor friends that they noticed an impressive increase in the amount of buyers who ask if financing is available.
A Mexico mortgage has not been a common tool used by real estate investors nor by residential buyers in the past here in the Mexican market. It was not until President Fox’s administration during 2002 – 2006 were new laws and regulations introduced to help financial institutions offer home loans to millions of Mexican families. […]