News & Information

Financing Your Mexican Property Investment

Historically and in many cases today, most property/real-estate deals in Mexico are cash only. Mexican Banks are now beginning to offer mortgage products for the purchase of real-estate in Mexico, although 30-40% deposits are required and interest rates are not as attractive as those in the US, Canada and Europe.

There are some banks in the US who are now offering mortgages on Mexican Property, but they are usually offered on the back of equity built up in a property in the USA and the rates are higher on the additional loan amount, to reflect the additional risk. Many Americans HAVE mortgaged a house in Mexico using this financial vehicle so it is possible.

Financing inside Mexico is still difficult and relatively expensive, so if you plan to buy real-estate in Mexico you will be well advised to have your own foreign funding available; either through an equity-release scheme or other fund. Some people who are planning to retire to Mexico will sell their house in their home country and use the proceeds to finance property in Mexico; those who want to keep a 'base back home' may release equity from their existing home, rent it out, and use the dual proceeds to fund their retirement home in Mexico.

It's important to think carefully beforehand about how you are going to finance your property in Mexico. An Estate Agent in Mexico may be able to advise you, and some even have connections with financial institutions in the USA who can proffer solutions depending on your personal circumstances.


U.S. institutions gear up loan programs for Mexican land rush
By STEVE McLINDEN
February 2, 2005
Pacific Mexican Renaissance:
The coveted coastline of Mexico is now available for foreign investment.

The Luxury of Home, in Mexico
By Janelle Brown
January 7, 2005

New York Times

Mexico Dreaming:
For real estate fantasists, nothing beats an empty stretch of beachfront. Just add house.
Buying Real Estate in Mexico:
Separating Fact from Fiction
Capital Gains in Mexico:
What you do today dictates your tax liabilities tomorrow.
Building in Mexico:
Manifesting Your Construction
The History of Mexican Land
The History of Land Ownership in Mexico
What Can An American Buy in Mexico?
Costs and Taxes
Financing Your Mexican Property Investment
Ejido Lands
The Role of the Notary Public in Mexico
Outline Property Purchase Procedure
Buy or Build, or "Fixer-Upper"?
Valuation of Property in Mexico
What's Doing In Puerto Vallarta
By TIM WEINER
Published: October 7, 2001
lapuntarealty.com
Within Mexico
Tel: 01 (800) 841-2133
Fax: 01 (329) 291-6421
From US/Canada
Tel: 011 52 (800) 841-2133
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Fax: 01 (329) 291-6421
From US/Canada 011-52 (800) 841-2133

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From US/Canada 011-52 (311) 258-4325

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