3 min read
How Banxico's Rate Affects Your Mortgage
Banxico's benchmark rate largely determines how expensive or affordable the interest rate banks offer you on your mortgage will be.
Carlos Mendoza
Category
Credit and mortgages
INFONAVIT, FOVISSSTE, bank loans, rates and credit bureau: everything you need to finance a home in Mexico.
- 85articles
- 2 / 8pages
Credit and mortgages: Page 2
7 min read
Mortgage Portability in Mexico: Switch Banks and Save
Mortgage portability (subrogación de acreedor) lets you move your loan to another bank to lower your interest rate and monthly payment.
Carlos Mendoza
4 min read
Selling a Home With an Active INFONAVIT Loan: Can You, and How?
Can you sell a house with an active INFONAVIT loan? Yes. Here are the options, requirements and steps to sell a still-mortgaged property in Mexico.
María Elena Rodríguez
7 min read
Mortgage Loans for Seniors in Mexico: A Buyer's Guide
How mortgages for older adults work in Mexico: age limits, insurance, co-borrowers, and alternatives if a bank turns you down because of your age.
Carlos Mendoza
8 min read
Mortgage Loans for Mexicans Living Abroad: Your Options
A practical guide to financing a home in Mexico from the U.S.: which banks lend to Mexican nationals abroad, what they require, and what alternatives exist.
Carlos Mendoza
3 min read
Mortgage Loan Step by Step: From Paperwork to Keys
How do you get a mortgage in Mexico? We walk you through the whole process step by step: prequalification, documents, appraisal, approval.
Carlos Mendoza
6 min read
Zero Down Payment: Does It Exist and Is It Worth It?
Does a no-down-payment mortgage exist in Mexico? We explain when INFONAVIT and certain programs come close to allowing it.
Carlos Mendoza
7 min read
How Much Mortgage Can I Get for a House in Mexico?
Find out how much you can borrow for a home based on your income, credit bureau history and down payment, with methods, sample figures and mistakes to avoid.
Carlos Mendoza
6 min read
How to Deduct Mortgage Interest on Your ISR Tax Return
If you pay a mortgage, you may be able to deduct the real interest on your annual ISR (income tax) return.
María Elena Rodríguez
6 min read
How Long a Mortgage Takes in Mexico: Timeline by Stage
How long does a mortgage take in Mexico from application to signing? Timelines by stage and loan type, what speeds things up, and signs your file is stuck.
Carlos Mendoza
3 min read
Mortgage Life Insurance for Buyers in Their Senior Years
Why mortgage life insurance matters if you buy a home later in life, how it works, and what to check in the policy before signing your loan.
María Elena Rodríguez
3 min read
Reverse Mortgages in Mexico: Do They Exist and How Do They Work?
What a reverse mortgage is in Mexico, how available it is today, how it works in theory, and what alternatives exist for older homeowners.
María Elena Rodríguez