Interest rates are now as low as 5.25%! Do I have your attention? This gives you even more reason to consider buying a Second Home, Vacation Rental/Income. Rates have dropped on our adjustable rate mortgages by 3/4% on our 3 yr fixed programs and 1/2% on our 5 yr fixed programs (remainder of term after the fixed portion is adjustable. The 3 yr and 5 year adjustable loans are available in total terms of 15 years, 20 years, 25 years, and 30 years). Our fixed rate mortgages have dropped 3/4% and are fully fixed for 15, 20, 25 and 30 year terms.
It is worth repeating – interest rates are now as low as 5.25%
In Mexico. Can you believe it???
Interest is deductible for US buyers (and may be for Canadians in certain situations).
The complete rate matrix is on my website www.mortgagesinmexico.com and click on the “Interest Rates” tab. While you’re on the site, check out some of the other information we have there, including the “Deal Breakers in Mexico” tab that is a list of specific reasons in which mortgage financing in Mexico is not allowed. It is best to know these “show-stoppers” up front so we’re not wasting anyone’s time. As you can see, these relate to very specific instances that don’t apply to most buyers, so most of the buyers will be able to get US Dollar mortgage financing and use the Mexico property as the collateral for a loan. The existing equity in a primary residence remains untouched and not at risk.
Give me a call if you have any questions. Remember, getting yourself pre-approved before you come to Mexico means you are a qualified buyer who is ready to buy.
We have been anticipating these drops in interest rates for several weeks, but have not been able to announce them to you until they were officially announced this evening (Tuesday). These rate drops should be of interest to all Buyers. Get the word out about these incredibly low rates in Mexico. Rates have never been lower in Mexico. Let’s do some business together!
We have heard rumors of hard times and recession. We have chosen not to participate and our business is booming.
044-322-135-5822 (PV cell)
01 212 706 332 (UK)
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