Process:

The loan process in Mexico is considerably more complex and lengthy relative to the United States.  One can expect funding approximately 60 days from receipt of required documention.

Below is an outline of the estimated timeframe.  Once a loan is approved by the lender, typcially one week from application submission, the rate is “locked.”  

Title Transfer and Funding process:

  • Prequalification - income and credit information (1 day)
  • Rate, terms and options are provided (same day)
  • Application and supporting documentation (per borrower)
  • Loan approval and commitment from lender (~7 days)
  • Title transfer and Funding (~45-60 days)

                              

                                       “Your Key to Financing in Mexico”