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Financing Your Home in Mexico
Not
everyone can afford to pay cash for their dream home in
Mexico. Fortunately enough banks have recently begun
offering
mortgage
financing in Mexico, extending the possibility of a
second home in paradise to many who could not otherwise
afford it. Rates and fees are somewhat higher than in
the US and Canada, but many buyers prefer to secure
their Mexican real estate with a loan against their
Mexican property to avoid tying up their primary home
equity back in their country of origin.
For more information on financing a home purchase in
Mexico we recommend visiting one of the following
company's websites.
MexLend at
www.mexlend.com or MexQuest at
www.mexquestmortgage.com
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