www.collateralinternational.com
Collateral International
has 10 years' experience lending in Mexico. Loans are for 10, 15 or 20 years
at FIXED interest rates. Their minimum loan is $100,000 US and the maximum
is $1,400,000 US. They will lend (based on several factors) up to 80% of the
purchase price. Rates will depend on your credit score, length of the term,
and your down payment. They are WAY under Mexican bank rates, from as low as
6.5% to as high as 8.125%. Closing costs run from 7 to 10% of the purchase
price, but include everything. Loan fees, bank trust fees, title search,
title insurance and escrow. In other words, everything. Just click on their
link above and you are on your way!
george@wallstreetassociates.com.mx
Wall Street Associates has 65 years of loan experience in the US and is now
doing loans here in Mexico. They offer fixed rate loans with attractive
interest rates and are also offering loans for lot acquisition here now.
Home and condo loans at 7.9% and up to 20 years terms! Home loans are for
10, 15 and 20 years with 30% down. They can even do loans under their
$100,000 minimum, as a loan in pesos, for 20 years at 11.99% Just click on
their link and you can go through their website and even download the forms
you will need to fill out to get started! The loan fees vary from 6 to 7%
and include the bank trust fees, title search, etc.
www.aracapital.com Bernardo Gonzalez at bgonzalez@aracapital.com is their local representative and has already done several loans for our clients. They have many different types of loans and have been extremely responsive to our clients.
www.MortgagesinMexico.com Sandi Vandiver is their local rep. at Sandi@MortgagesInMexico.com and is here in Mazatlan also.
www.InternationalMortgageLoans.com Chuck Barson can be reached at cbarson@InternationalMortgageLoans.com
www.AdvancedMortgageinMexico.com You can contact Steve Sidwell at stevesidwell@charter.net