Financing Your Property
It is easy, safe and affordable for foreigners purchasing real estate in Los Cabos. With the introduction of financing, U.S. Mortgage companies are offering long term, fixed rate financing for periods up to 20 years using your property in Mexico as collateral. This new chapter in Baja’s history makes it possible for those who could have only dreamed of owning a vacation home in Los Cabos, an affordable reality. This new market of buyers is having a huge impact in the number of sales taking place in Los Cabos and on property values.
Today a purchaser can place a down payment on a mortgage, rather than pay full price out of pocket. Most finance companies will lend up to 70% of the purchase price, with fixed interest rates averaging at 8%. Los Cabos is not longer exclusive to the cash buyer. Once the U.S. Mortgage company has approved your loan, they will contact the Public Notary to draft the Trust document. The Trust Deed will be registered and you will make payments to the U.S. Company as you would any loan.
Interest and other tax deductions apply in the United States. Please let us know if you would like to finance your purchase in Los Cabos. A pre-qualification form is available upon request which can be approved within 24 hours. We will be pleased to assist in obtaining the best option for you.
I would like to know more about Mortgage Financing in Los Cabos
- Toll-Free 1-877-464-2252
San Jose Del Cabo: 142-0988
Los Barriles: 141-0075
Cabo San Lucas: 143-2560
Dialing to Mexico: 011 + 52 (624) + local
