|
Financing in Rosarito, Ensenada and other areas of Baja, California is provided by Finance North America, Inc. Mexico financing can be tricky, and Finance North America has the experience needed to obtain Mexico mortgage loans to U.S. and Canadian citizens on Mexico real estate transactions.
Finance North America works closely with GE Money who began operations in Mexico in 2001. Their long-term home loans range from 3 to 20 years, with primarily monthly payments. Loans can be used to purchase new homes, improve current mortgages or even rebuild.
Finance North America offers not only purchase and refinance lending, but also construction loans that convert effortlessly into permanent financing.
The variety of purchase financing programs that Finance North America offers includes:
Purchase
- Fixed & Adjustable Rate Loans
- 20, 25 and 30 year terms
- Minimum loan amounts of $100,000
- Maximum loan amounts of $5,000,000
- Down Payments as low as 20%
- Three easy ways to qualify
- Full, Alternate, and Stated Income documentation
- No prepayment penalty
Refinance
- Refinancing of Existing Loans
- Cash Out Refinancing
- Fixed & Adjustable Rate Loans
- 20 and 30 year terms
- Minimum loan amount of $100,000
- Maximum loan amounts of $5,000,000
- Three easy ways to qualify
- No prepayment penalty
Construction
- Interest Only Loans (during construction)
- Minimum loan amounts of $500,000
- Maximum loan amounts of $2,000,000
- Maximum loan to value 65%
|
|
|
ConfiCasa Introduces Premier VIII Financing
|
|
ConfiCasa Mortgage International pioneered financing Mexican properties for Americans and Canadian dreamers. Whether buying a primary residence, second home, or an investment property, they understand that purchasing real estate in Mexico can feel like swimming through uncharted waters. Allow ConfiCasa Mortgage International to navigate you through the rough waters of the Mexico home buying process.
Pre-sale Construction and Traditional Puchases
-
Pre-Sale/Construction - Provides the construction financing for houses and condominiums throughout the high-profile resort areas of Mexico, with the mortgage given to the final buyer. The most unique mortgage financing product in the market allows for a buyer to borrow money while buying a property during the construction stag, which provides obvious benefits to the buyer and the developer.
-
Traditional Purchase - Provides financing for the acquisition of a new or existing home or condominium throughout the high-profile resort areas of Mexico.
-
Loan to value: Up to 75% of the lower of (i) “as built” property value or (ii) cost to build the residence plus the cost of the property
-
Terms: 10 and 20 year terms/amortizations; 15 year term with a 30 year amortization
Developer Approval is Required on Pre-Sale/Construction Program
-
Developer approval is required prior to the loan approval/commitment. Such approval will be managed by ConfiCasa Mortgage International. Specific information required includes:
-
The “Regimen de Condominio” (condo regime) must be completed
-
Land taxes and bills individualized
-
Sale or purchase contract developer assuring price and completion of construction.
-
Other documents/requirements may apply
Apply for a loan using ConfiCasa's web application. |
|
Feedback Form
|
|
|
Find out quickly if you qualify for financing and for how much. We will get right back to you.
|
|
|