COMMON QUESTIONS
Q&A Regarding Loans and Home Buying in Mexico

Please review our most common Frequently Asked Questions below. If you have any additional questions or concerns please click here to Contact FINASOL Mortgage.

Who is FINASOL Mortgage?
FINASOL Mortgage, a division of FINASOL PACIFICO S.A. DE C.V., is a Mexican-based cross-border mortgage broker specialist located in northern Baja area.

Where is FINASOL Mortgage Located?
We are located in Puerto Nuevo, less than one hour south of San Diego, California. Our address is:

FINASOL Mortgage
Km.44.4Car. Tijuana/ Ensenada
Local No. 44105, Puerto Nuevo
Playas de Rosarito, Baja California 22716 Mexico

How can foreigners own land/property in Mexico?
Foreigners can own land outside of the interior of Mexico via a Fidecomiso (Bank Trust).

The bank trust law (Fidecomiso) was initiated by a presidential decree in 1970 and formalized into law in 1971 allowing trusts to be established with Mexican Banks for tourist or second home markets. These trusts, now thirty three years in the making, have made possible the acquisition of a multitude of resort and coastal properties by foreign residents.

Buyers of properties in trust have all the beneficial rights of fee simple ownership allowing the buyer to reside on their property, rent their property, will their property to family members, and sell their property for handsome returns in most cases. Since the early 90’s, the life of the these trusts have evolved from 30 years to 50 years, renewable for an additional 50 years.

Is it safe to buy real estate in Mexico?
While foreigners can not directly own land outside of interior Mexico, the use of a Fidecomiso (Bank Trust) coupled with title insurance has increased foreign purchases.

The use of title insurance from either an American title company or a Mexican title company provides safety and security of ownership.

What companies are involved in the loan?
FINASOL Mortgage works with GE Capital, a worldwide leader in home financing.

What loan terms options are available?
The following are a few of the loan options we offer:

• Rates from about 8%
• Loans from US$ 200,000
• 20 and 30 year fixed rates
• No pre-payment penalty loans
• Dollar-based & peso-based loan programs
• Non-FICO score driven loan programs
• Cash out and refinance loans for Mexico properties

How do I apply?
To get started, please click here to complete a short online form and one of our mortgage specialists will contact you to discuss lending options.