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Real Estate Financing


Beautiful Nayarit HomeSeven million North Americans travel to Mexico every year, and of that number statistics indicate that as many as 400,000 Americans and Canadians have bought second homes or vacation properties in Mexico, with the majority investing in resort destinations. Financing these dreams can become a reality, now there are several mortgage companies based in the United States that offer financing to qualified buyers who want to purchase properties in Mexico.

Real estate financing is relatively new in Mexico it extends the possibility of owning a home in Mexico to many who could not otherwise afford it. In the past, North American banks were reluctant to provide mortgage financing on Mexican properties due to the foreign investors' inability to obtain title to real estate within 50 kilometers of Mexico's coastline, which is where most foreign investors choose to buy property in Mexico.

The Mexican Government implemented an alternative system whereby Mexican banks acquire the property and place it in trust for the sole use and enjoyment of the foreign property owner, or "beneficiary." The trust, called a "Fideicomiso," assures the foreign buyer of all the rights and privileges of Mexico property ownership, including the right to remodel, lease, mortgage, or sell the property at any time. The trust can be extended for 50 years, Beautiful Nayarit Beachesrenewable in 50 year increments, which allows the buyer to leave the property to an heir. Due to these changes, there are now several American mortgage firms that offer financing for values up to 80% of the property's appraised value. In order to finance Mexican residential properties, there must be a transfer and conveyance to a Mexican bank trust registered by a Notario Publico (Public Notary) which establishes a recorded and renewable 50 year beneficiary interest for the non-Mexican buyer. A simple notation is made on the Mexican trust to protect the lender and provide the lender with sufficient collateral for mortgage financing.

Financing residences in Mexico have advantages when weighed against the additional costs associated with mortgages, i.e., origination fees, discount points, bank appraisals and processing fees. All residential transactions in Mexico require payment of a transfer tax on the declared value of the operation, notary fees, and recording costs. These costs are normal in any Mexican property transfer. Foreign buyers must also pay for the permit from the Ministry of Foreign Affairs, a bank appraisal fee and an annual bank trust fee to administer the Fideicomiso. These expenditures are customary and required, but it should be noted that there is a distinct and protective benefit that purchasers receive in financed investments by foreign buyers.

As our Mexico Financing Expert Don Hearn, Owner of Advanced Mortgage in Mexico states, “Borrowing money for the purchase of real estate in Mexico has never been easier!”


Real-time mortgage information for Mexico home buyers.

Technology now exists at which enables potential home buyers in Mexico to instantly see all available mortgage products and rate information. The site enables consumers to search for loans, compare lenders, find the right product and interest rate, and begin the application process with a few clicks of the mouse.


Puerto Vallarta, Jalisco, Mexico – May 27, 2009 – Mexico Mortgage Marketplace, S. de R. L. de C. V., a Puerto Vallarta based company has developed technology which streamlines how mortgages are found and funded in Mexico. “The purpose of our products are to bring together banks and mortgage brokers with home buyers in Mexico and the real estate professionals which represent them,” says Mark Horner, the Company’s Vice President of Communications.

Through its, US and Canadian citizens, and Mexican Nationals who are looking for mortgage products in Mexico may, through a few clicks of the mouse, immediately search a database of all available mortgages offered in the Marketplace… and find both product and rate information in real-time. Once the perfect loan (purchase, cash out, construction) is found, immediate contact with the lender is made to begin the approval process. Or, if the consumer is still “house hunting”, they may save the loan details to his/her profile (on one or multiple properties) to retrieve at a later date as the home buying process nears closing. Under development for nearly two years, the web site offers those looking for mortgages in Mexico the ability to determine the best mortgage product, including detailed rate and monthly payment information. The banks and brokers who offer the mortgage products are also rated enabling consumers to see who truly has the experience in funding mortgages in Mexico.

Membership in the Mexico Mortgage Marketplace is fast, free and easy. And it provides access to the entire database of Mexico Mortgage Marketplace which has over 450 mortgage options. For more information on the Mexico Mortgage Marketplace, to search for the perfect loan for your dream home purchase, or to enroll for free…visit

About México Mortgage Marketplace, S. de R. L. de C. V.

Mexico Mortgage Marketplace, S. de R. L. de C. V. is a privately held Limited Liability Corporation located on Mexico’s Pacific coast city of Puerto Vallarta. The Company develops web-based technology which is used to automate processes for the banking, mortgage and real estate industries. In addition to technology development for its partners, the Company also owns and operates several web sites which are designed to streamline mortgage and real estate processes throughout Latin America and the Caribbean.

For more information about the Mexico Mortgage Marketplace, please contact Mark Horner, VP of Communications at

Contact Information:

Mark Horner
Vice President of Communications
México Mortgage Marketplace, S. de R. L. de C. V.


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