BRAND NEW MORTGAGE PRODUCTS NOW BEING OFFERED
One of our major lenders has just come out with a product that we feel is truly revolutionary. This product is mortgage financing for individual condominium units in construction. Yes, you read that right -- we can now provide your financing while your condominium is being built.
So what are the benefits for me, you ask? Several. In the typical way of doing business in Mexico, buyers usually put down their 20% to 30%, and then simply wait until the developer has completed construction and is able to pass title. With this program, buyers can now get their financing in place long before their condominium is completed.
This program has several very significant advantages for the borrower vs. a cash purchase, or a financed purchase in which the borrower must wait until the conominium is 100% complete to apply for the financing. Please contact a representative now for more information.
We are also rolling out a brand new product in mid-May, 2009. This product will be specifically for high net worth individuals who desire financing on premium Mexico properties. From start to finish, this program will offer the absolute best rates and terms of any product available on the market today. Closings will be IN THE U.S., not with the Notary in Mexico. Please contact us for more information.
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