Financing Options for Purchasing Property in Loreto
Purchasing real estate in Loreto can be a rewarding investment, whether you’re looking for a vacation home, retirement property, or investment opportunity. While Loreto is primarily a cash market, there are several financing options to help you turn your dream of owning a property in Mexico into a reality.
You don’t need to be a Mexican resident to qualify for a mortgage from a Mexican bank. However, the interest rates and terms may not be as favorable as what you’re used to in the U.S. or Canada.
Specialized programs like Intercam’s Dream Loan provide competitive financing and offer a one-stop banking experience with loans in U.S. dollars. No prepayment penalties and interest calculated only on the unpaid balance, make it an attractive option.
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