Can I use my own bank to carry the mortgage?

Written by Administrator | 06 August 2008

Yes, you can finance, raise your capital from any bank in the US or Canada that will allow for such operation. In other words, here in Mexico there are no restrictions, it is basically the banks that are processing the loans who will advise to you whether or not they have a program to finance property, in another country. I will send you another email with an introduction to multinational bank here in Mexico, who has just purchased a chain of banks up in the USA. They do offer mortgaging to Americans for properties down here in Mexico, using the Mexican property asset as collateral. Read up, and forward your questions.