Financing Real Estate in Los Cabos, Baja Mexico | Baja Smart
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Financing Real Estate in Baja California Sur

Financing Baja Real Estate

Mortgage Terms

Loan size $200K-$2M

9.9% Interest rate

3% Loan origination

15 Years fully amortized

50% Loan to value

35% Debt to income

No prepayment penalties

Cash-out refinancing

Fully assumable

Prequalification

The prequalification or creditworthiness process starts by answering a short series of questions and giving the authorization to order the borrower’s credit report. This process provides the borrower(s) with an initial decision that will determine the next steps in the loan process. For each applicant the following information is required:

Type of loan

Purchase or Cash Out Refinance

Loan Amount

Property Address

Primary or secondary residence

Name

Address

Phone number

Email

Social Security Number

Date of Birth

Estimated Annual Income

Estimated Assets (checking, savings, retirement, etc.)

Signature for borrower certification and authorization

The next step is to complete the prequalification process. All required information listed above is reviewed for accuracy and determined if the borrower(s) meet the strict requirements of progressing to the pre-approval, underwriting and funding of the loan. The borrower will receive a decision on prequalification within 48 hours after all information has been provided.

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It is possible for American, Canadians and foreigners to finance property in Mexico.


Seller financing for real estate properties in Mexico has been available to foreign buyers since 2006 through a structure known as Guarantee Trust (fideicomido en garantía).

Under this arrangement, the property is held as collateral within the trust until the financing has been fully repaid.

The Terms and Conditions-such as the interest rate and loan term-are determined at the discretion of each seller and are established through a mutually agreed purchase offer. In most cases, there are not penalties for early payments or early payoff of the financing.

In the majority of transactions, the typical down payment requested by sellers ranges between 40% and 50% of the total purchase price, although this remains subject to negotiation and mutual agreement between the parties.

Baja Smart Real Estate refers clients only to lenders who have successfully financed transactions within our local market.

View seller financing properties currently on the real estate market.

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Álvaro Obregón 1240 Art District San José del Cabo 23400 Baja California Sur
From MEX 624 142 6039 | From US (949) 200 6640 | Email: info@bajasmart.com | Login

The offer price is in USD dollars, current currency of the USA, in accordance with Art8 of the Monetary Law in force, the deed value will be in national currency at the exchange rate of the signing before a Notary Public. In accordance with NOM 247 of Profeco, the prices published in national currency are for information use only, resulting from the arithmetic multiplication of $17.67 per US dollar. Payment method: Cash. Financing not available.

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