It is not possible to go to a bank in the US or Canada and request a mortgage for a property in Mexico.
A mortgage broker will provide you with various options. If you were to work with a bank, the bank would only provide you their options, they would not tell you if the competition has lower closing costs, or a better interest rate. A mortgage broker can compare and contrast.
Many of the lenders do not have representatives who can work with individual clients. You need to work with a mortgage broker.
Working directly with a bank in Mexico may provide its challenges, with language, business culture, response-times.
While most mortgage brokers and banks do NOT provide this service, CBI works will our clients from the very beginning of the transaction through the closing. We do not only get you approval and then turn your file over to someone new, rather, we do all aspects of the transaction to provide a seamless experience.
