SELF IMPROVEMENT

Financing for Mexico Real Estate Finance North America announced today its latest offering of construction financing for Canadians and US citizens who wish to purchase property in Mexico. Construction financing, also known as “Pre-Sale”, from Finance North America will allow Canadian and American citizens to finance the construction of a house or condominium in select developments throughout Mexico. With Finance North America’s construction and pre-sale program, consumers are able to take advantage of one closing and financing from construction to perm with the following parameters:


75% Loan to Value (LTV)
Interest Rates from 7.59% – 8.75% for permanent and construction
Minimum loan amounts of $ 50,000
Full and Alternative Income Documentation

“We believe this new construction product fills a large void in the Mexico resort real estate market. Finance North America is proud to be known as a solid, reputable lender in Mexico, having been awarded for the most loans funded in U.S. dollars for 2005, 2006, and 2007. This designation provides peace of mind for the buyer along with a familiar lending experience.” – Russ Schreier, CEO, Finance North America