HOW TO GET A MEXICAN MORTGAGE - FINANCING PROPERTIES IN MEXICO

In this video Sebastian, co-founder of Jungle Realtor, interviews Azahel Domínguez Baez, a leading Mexican mortgage broker in the Riviera Maya with 20 years of experience in the field, for an in-depth look at the different ways you can secure a mortgage in Mexico to finance your property purchases. Securing a mortgage through a Mexican bank offers a number of advantages for foreigners and can save you a lot of money, hassles and paperwork. As a foreigner you can open a bank account in Mexico as a tourist, a temporary resident, or a permanent resident. This provides the possibility of starting a credit score rating in Mexico. Azahel Domínguez walks us through the ins and outs of the regulations governing the Mexican banking system, covering all the mortgage options available to foreigners and Mexican nationals living abroad, regardless of your immigration status. Be sure to take notes as this interview is packed with useful information! Don't hesitate to contact the Jungle Realtor team if you have any doubts or would like more information on real-estate operations in the Mexican Caribbean. Contacts: AZAHEL DOMINGUEZ BAEZ EL MORTGAGE BROKER Website: http://www.mortgagebroker.com.mx/ E-mail: [email protected] WhatsApp: +52 984 131 10 27 Website Jungle Realtor: https://www.junglerealtor.com/en/ Instagram:   / junglerealtor   WhatsApp: +52 984 187 87 59 ______________________ 03:03 - What kind of products can you offer a foreigner when buying a property here in the Riviera Maya? 04:33 - What kind of loan to value ratio do you think is possible to get with mexican banks? What kind of terms are you able to get? 06:48 - How to start building a credit score in Mexico? 07:48 - How long does the qualification process take and how long does the signing of the mortgage takes? 10:31 - What about mexican nationals living in the U.S? Do you have some kind of product for them? 13:19 - With the fed rising interest due to the inflation in the U.S, do you think there's going to be more people looking to finance properties in Mexico? 17:17 - What are the benefits of getting a bank mortgage through a mexican bank?