Home 
Photo/Video BCM Mexico Mortgages and Loans
Photo/Video BCM Mexico Mortgages and Loans |
OOPS. Your Flash player is missing or outdated.Click here to update your player so you can see this content.
|
|
|
SEARCH REAL ESTATE NOW SEARCH ALL PROPERTIES IN LOS CABOS - CABO SAN LUCAS - THE CORRIDOR - SAN JOSE - EAST CAPE |
| Cabo Weather | |
|---|---|
|
 |
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BCM Mexico Mortgages and Loans Profile Page
 |
Average Rating
(0 reviews)
| Location: | Cabo San Lucas |
| Phone: | 970-331-9047 |
| Description/Bio: | Greg Honan 970-331-9047 greg@realtygenerator.com BCM has partnered up with every source of funding in Mexico to offer the widest portfolio of lending products Mexico has to offer. BCM offers over 150 different loan programs with some of the basics of each outlined below. Please call or email for a prequalification and consultation and one of our experienced financial advisors will be happy to advise you on which loan program best fits your needs and to effortlessly guide you though the Mexico purchase process. APPROVED REGIONS - PUERTO VALLARTA - CANCUN - SAN FELIPE - MAZATLAN - LOS CABOS (San Jose Del Cabo - The Corridor - Cabo) - LA PAZ - ACAPULCO - GUADALAJARA - LORETO BAY - PLAYA DEL CARMEN - LOS BARILLES - SAN MIGUEL - ENSENADA - PUERTO PEÑASCO (ROCKY POINT) - SAN JOSE - IXTAPA - TODOS SANTOS ASK ABOUT YOUR MEXCIAN REAL ESTATE AND WE CAN RESEARCH TO FIND THE FUNDING. LOAN PROGRAMS Residential purchase / Cash out refinance 30yr loans starting at 8.00% 25yr loans starting at 7.25% 20yr loans starting at 6.875% 15yr loans starting at 6.625% 10yr loans starting at 6.5% Construction BCM is now lending at 70% loan to cost utilizing the land as collateral. Rates at 9% Interest only with approved builders. Construction to permanent loan with a 1 time close and no max loan amount. Cash out refinance Clients can now cash out 70% of appraised value. 15/20/25/30 yr adjustable and fixed rate loans with rates from 7% with 45 day closes. Raw Land Financing Available to US and Canadian citizens 30% down 10yr note with rates from 7.5% LOAN GUIDELINES LOAN TYPES ARM AND FIXED/ PURCHASE/ CASH OUT/ RATE & TERM LOAN TERMS 10,15,20,25,30YR RATES 10 YR FIXED 6.5%-30YR FIXED FROM 8.25% 3/6 ARM 5/6 ARM FROM 7% MAX LTV 80% (FLUCTUATING) MAX LOAN AMOUNT 5 MILLION ORIGINATION 1-2% PLEASE ENQUIRE PROPERTY TYPE PRIMARY OR SECOND HOMES/ CONDOS/ SINGLE FAMILY/ PUD'S MIN CREDIT SCORE MINIMUM CREDIT SCORE OF 650 RATIOS MAX DTI 55% EMPLOYMENT 2 YR HISTORY DOC TYPES PAYSTUBS, W2'S AND TAX RETURNS/ BANK ASSET VERIFICATION STATEMENTS/ STATED PREPAYMENT PENALTY DOWNPAYMENT, 6 MONTHS RESERVES AND CLOSING COSTS NO PPP PROGRAMS NOW AVAILABLE. PLEASE ENQUIRE CLOSING COSTS Closing costs on your residential Mexico real estate transaction should be estimated at around 6-8 %. The loan related fees are similar to the US, however the 3rd party Mexico fees are what the majority of the closing costs are associated with. Municipal Fees Acquisition Tax = 2% of purchase price Value estimation for property tax = .18% of purchase price Public Registry Fee = .5% of purchase price Certificate of Freedom from Liens = $34 Bank (Trust) Fees Foreign Affairs Permit & Registration (SRE)= $1300 Trust Initiation = $695 Bank Trust Fee (also paid annually) = $695 Transaction & Legal Fees Notario Fee = $2750 Translation Fees = $100 Transaction Fee = $550 Escrow & Title Escrow Fee = $575 Title Insurance (not required, but recommended) = $7 per 1000 Lender Fees Origination = Case by Case. Please inquire Underwriting = $400 Administration Fee = $200 Processing = $900 Lender’s Appraisal Fee = .1% of purchase price (max $1500) |
Details
| Type: | Real Estate |
| Category: | Financing |
| Address: | Cabo San Lucas and San Jose del Cabo |
| City: | Cabo San Lucas and San Jose del Cabo |
| State: | MX |
| Zip Code: | BajaMexico |
| Website URL: | www.uptownmexico.com |
Reviews
Gallery
Contact
|
|