Mortgages and Financing

Traditionally in Mexico, properties have been paid for in cash. In the past year, however, banks and other lenders from the United States have begun investing in Mexico and mortgages are now available in Yucatan for both American and Mexican citizens (and soon for Canadians). These lenders use the house you buy in Mexico as collateral for the loan. If you think you may want to buy your house in the Yucatan using a mortgage, we suggest you obtain pre-approval before you go house-hunting. You may find you can afford a larger or more expensive home than you thought! We recommend contacting Ellen Fields at Mortgages in Merida a few weeks before your visit here so you can start the pre-approval process. It remains very difficult to obtain financing in most areas. Many sellers also refuse to accept a transaction involving financing, both because of the delay and uncertainty involved, and for tax reasons.

i-Finance

i-Finance will assist you for all your Financial needs Buying Property in Mexico

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ConfiCasa

ConfiCasa offering Americans and Canadians Mortgage and Finance Solutions Buying Property in Mexico

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Granite MX

GraniteMX is offering a loan programs for U.S. and Canadian citizens throughout Mexico.

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