MEXLend, the residential mortgage broker leader in Mexico, recently launched new services and a new website to remain at the forefront in the highly competitive real estate market.
With over 10 years of experience in the market, MEXLend works closely with major financial institutions nationwide to provide access to the best mortgage loans in the country. Based in Puerto Vallarta, MEXLend has the ability to operate successfully in Mexico City, Monterrey, Guadalajara, Guanajuato, Los Cabos, Riviera Maya and Riviera Nayarit, among other destinations.
The new MEXLend website has been designed in a responsive manner based on their renewed corporate image to explain and promote new services available throughout Mexico. One service that has recently been added is the “Developer’s Solution” which allows developers to offer buyers a 10-year loan with a competitive rate of interest.
Developer’s Solution is an option that allows the developer to sell their properties with a pre-construction financing rate of 9.9% for 10 years. MEXLend is the only mortgage that offers this type of financing in the country, and a signing of a sales contract, the builder receives the total purchase price sale.
Some advantages of this solution are:
• Providing a financing alternative for your clients will exponentially increase your sales volume.
• Having financing in place creates consumer confidence in all of your buyers, even those that may be purchasing with cash.
Also, the co-founders of MEXLend, David Schwendeman and Terence Reilly, have confirmed that their new Simultaneous Seller Carry Back Program being released in the Los Cabos will offer sellers much lower interest rates.
There is no crystal ball to predict when the market will hits bottom, but most of the real estate and financial experts believe that low prices on Mexican properties will not last long. Now is the best time to invest in Mexico.
