Partner Links
Mortgage Lenders
Now with Banamex, US Citizens and Residents can own a home in Mexico through a mortgage loan in dollars granted by Citibank (Banamex USA).
Citi, the world’s leading financial group, offers you the best financing in dollars to buy your house in Mexico through its subsidiaries:
Citibank (Banamex USA) and Banamex
Loans available to purchase or refinance vacation or investment properties located in the most popular vacation sites, such as: Cancun, Riviera Maya, Los Cabos, Puerto Peñasco (Rocky Point), San Carlos, Puerto Vallarta, Punta Mita, Rosarito and San Felipe.
Benefits
• Assistance that takes you step-by-step throughout the loan process
• High qual ity service in Mexico and the US
• Dollar loan with terms similar to a US mortgage loan
• Underwriting using US parameters
• Personal bilingual assistance
• Convenient automatic monthly payments through a Citibank (Banamex USA) account
Features
• LTV up to 80%
• Financing from US$50 thousand up to US$2.5 million
• Up to 30 years term*
• Fixed or variable interest rates
• No pre-payment penalty
* On a 30-year loan of $700,000 with a fixed rate of 8.99%, a loan fee of 2%, trust fees of $1,350. The APR is 9.42%, with 360 monthly payments of $5,723.15.
Requirements
• US Citizens and residents
• Minimum Fico score: 680
• Minimum age: 18 years
• Hazard insurance from “Seguros Banamex” (optional) or any other insurance company acceptable to Citibank (Banamex USA).
Trust
To comply with mexican regulations, a guaranty trust from "Fiduciario Banamex" is required. Ownership through a guaranty trust, which is renewable for 50 year terms, provides you with all the rights to use the property that you would have under traditional ownership
Own a home in Mexico with financing from the leading financial group in the world
For more information and to process your prequalification,
call toll free.
From US
(1-866) 640 4812
From Mexico
(01-800) 800 1093
Citi® and Arc® Design is a registered service mark of Citigroup Inc., used under license.
Banamex only provides support services related to the Trust (“Fideicomiso”) and appraisal of the subject real property
Title Insurance
Team San Carlos works through Thomas Title on every transaction to insure that you have good title to all purchases we process in Mexico.
