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Is financing available for foreigners buying property in Mexico?

April 26, 2017buying financing foreigners mexico Property

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Is financing available for foreigners buying property in Mexico?

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Foreigners can get financing from a Mexico lender, and often developers have specific companies that they can recommend and that have pre-approved the project. U.S. lenders are just starting to offer loans on property in Mexico, and more U.S. lenders are expected to soon join the market. Buyers should discuss financing options with their realtor and the developer of the property that they’re buying.