It is the process where it is determined if you are a possible candidate for a loan with one of the banking institutions that best suits your needs. Through this process you will be able to know the estimated credit capacity and the interest rate.

Contact us and we will help you pre-qualify with the bank that best suits your needs. Each bank has its own metrics, but on average it is a 2-3 week process. 

What are you waiting for to build your future?

It is the formal authorization of the credit capacity (amount of the loan) based on your debt capacity. The approval requires you to share with us further documentation of your income and personal information.

Depending on the bank, the qualification validity may vary, but the average is 4 to 6 months. If the validity expires, you will simply need to update your proof of income.

• Credit application form
• Authorization for credit report/Complete credit report and score.
• Social security card (if applicable)
• Last utility bill
• Official ID: Passport or Drivers license
• Birth certificate
• Marriage certificate  (if applicable)

• If you are a salaried employee, we’ll need your payroll receipts and bank statements.
• If you are self-employed, we’ll require your annual tax returns and bank statements. If you are a business owner, through your business license or permit and tax returns. 
• If you are a foreigner you will also be asked for your W-2 form or W-1099 for Americans or the equivalent for Canadians. 

It is an indicator of how much debt an individual can incur without putting his or her financial integrity at risk and without falling into default. CONDUSEF advises that debt should not exceed 35-40% of monthly net income. But the metric is different for each Bank. 

You can calculate it as follows:

Payment Capacity = ( Total monthly expenses / Monthly income ) * 100

Consider your basic expenses for food, transportation, education, leisure, health, other debts you owe and the monthly payment of your new mortgage loan. The result should be less than 40% to be at a healthy level.

It is a financing instrument to acquire, remodel, expand or build a home. 

 Of course! You can buy a property in Mexico regardless of your immigration status. However, if you want to buy in a restricted zone, you will need to establish a restricted zone trust.

The Mexican Government considers a "restricted zone" an area located beyond 100 km (62 miles) away from the border, or beyond 50 km (31 miles) from the coasts.

Foreigners have restrictions when it comes to purchasing a property within this zone.

1. Pre-qualification
2. Credit application
3. Delivery of file and credit analysis
4. Authorization of the amount of the credit according to borrowing capacity.
5. Appraisal of property
6. Integration of the Trust file*.
7. Notary and Trust* processes.
8. Opening of client's account
9. Signing of trust* and mortgage. Disbursement of authorized amount.

*If applicable. 

It is the amount of money that the banking institution lends you in proportion to the value of the property you want to purchase. It depends on each institution the maximum level of capacity. 

It is a necessary financial vehicle for foreigners to acquire the use and enjoyment of properties in the border strip and beaches in Mexico. It requires a permit from the Secretaría de Relaciones Exteriores (SRE) and is constituted for 50 years but can be renewed. 

The trust is registered in the Registro Público de la Propiedad and in the Registro Nacional de Inversión Extranjera.