Financing your dream property

It is possible to finance your property in Baja with various American Financial Institutions.

In markets that have been traditionally "cash only", significant progress has been made in recent years, with local lenders, mortgage brokers and US-based financial institutions creating a more "US -style" process, including standard loan documents and procedures familiar to the US customer purchasing second homes abroad.

Baja Smart Real Estate can help you create a bridge between the lender and you - the customer - facilitating your ability to obtain financing for your real estate transaction.
There are over 150 different loan programs with some of the basics of each outlined below.

Residential purchase / Cash out refinance
30yr loans starting at 8.00%
25yr loans starting at 7.25%
20yr loans starting at 6.875%
15yr loans starting at 6.625%
10yr loans starting at 6.5%

Construction
Lending at 70% loan to cost utilizing the land as collateral. Rates at 9% Interest only with approved builders. Construction to permanent loan with a 1 time close and no max loan amount.

Cash out refinance
Clients can now cash out 70% of appraised value.
15/20/25/30 yr adjustable and fixed rate loans with rates from 7% with 45 day closes.

Raw Land Financing
Available to US and Canadian citizens
30% down
10yr note with rates from 7.5%

If you want more information on financing Please contact us for a prequalification and consultation and will be happy to advise you on which loan program best fits your needs and to effortlessly guide you though the Mexico purchase process.