Financing in Mexico
This blog dives deep into financing — everything you need to know.
Wondering how to pay for your piece of paradise in Puerto Peñasco?
If you're considering financing instead of paying all cash, this guide is for you.
From seller finance to Mexican bank loans and developer terms — you'll find loan options, lender contacts, and real numbers to help you plan confidently.
1. 💵 Cash Purchase
Straightforward and fast — if you’ve got the funds, many properties are ready to go.
2. 🧾 Seller Financing
Many sellers offer flexible terms that make it easy to own property without going through a traditional bank.
Typical terms:
✔️ Often no credit check
✔️ Most commonly 50% down payment (varies by seller)
✔️ 3–5 year term (depends on the seller)
Monthly payments for the balance are usually structured to pay off the loan fully over the term. However, sometimes a balloon payment is agreed to.
Seller Financing Example: Bella Vita Milano 68C
What is a Balloon Payment?
A balloon payment is a larger lump sum due at the end of the loan term after making smaller monthly payments throughout. It can help lower your monthly payments but means you’ll owe a significant amount all at once at the end.
Important Notes:
Bella Vita Milano’s seller prefers full amortization (no balloon) — monthly payments of about $2,385.
Balloon payments are negotiable, but keep in mind that you’ll need a plan to pay the balloon amount when it comes due.
Seller financing terms vary and are often flexible — it never hurts to ask!
💡 Pro Tip: Everything is negotiable — sometimes sellers are open to adjusting price, down payment, or terms depending on your offer.
3. 🏗️ Developer Financing (Pre-Construction)
Many developers offer in-house financing, which is great for international buyers wanting less red tape.
✔️ No residency needed – just a valid passport
✔️ Often no credit check
✔️ Down payment: 20%–60%
✔️ Terms: 7–15 years
✔️ Rates: As low as 6% (the more down, the better the rate)
🔑 Examples:
Caracoles Resort
2 bed / 2 bath – a few blocks from the beach
From $159K USD
$90K down
$69K over 9 years at 11%
Approx. $1,010/month
Encantame Towers (Beachfront)
From $430K USD
40% down
Up to 20-year term
Rates: 6%–9.9%
4. 🏦 Mexican Bank Loans
Looking for longer terms and lower monthly payments? Mexican banks can offer loans — even if you live and work in the U.S. Some banks will qualify you using U.S. credit and proof of income.
Typical Terms:
✔️ 10%–20% down
✔️ 10–20 year terms
✔️ Rates between 8%–12%
✔️ Monthly payments depend on amount + term
✅ Required documents (may vary slightly):
Valid ID (passport or residency card)
Proof of income
Credit history (U.S. or Mexico)
Bank statements
💡 Tip: Use your preferred down payment to estimate which options might work best for you.
Loan officer Contacts:
Yesenea Tello (based in the U.S.)
Works with Mexican buyers in the U.S. or Mexico
📞 +1 (619) 253-3334Lupita Flores (based in Mexico)
Works with Mexican buyers & U.S. buyers with Mexican residency
📞 +52 662 349 4511Maria Barajas
Works with Mexican & American buyers — no residency needed
📞 +52 1 662 349 4511
Are You Mexican or Have Mexican Roots?
You may qualify to purchase property as a Mexican national — which can save you thousands in trust fees and simplify the process.
Make sure your INE (voter ID) is current.
If you're in the U.S., visit your local Mexican Consulate to apply or renew.
Born in the U.S. but have a Mexican parent? You may qualify for dual citizenship.
📌 To buy as a Mexican citizen, you’ll also need an RFC (tax ID), issued by SAT ( The Mexican IRS) in Mexico. (Your INE is required first.)
Need help? Reach out to:
Carlos Gutiérrez
📞 +52 1 638 116 7302
👉 Want step-by-step guidance?
Read the full guide on buying as a Mexican citizen →