3 min read
Required Life and Property Insurance on Your Mortgage
Why mandatory mortgage life insurance and property damage insurance are required in Mexico, what they cover, and whether you can buy them outside the bank.
María Elena Rodríguez
Category
Credit and mortgages
INFONAVIT, FOVISSSTE, bank loans, rates and credit bureau: everything you need to finance a home in Mexico.
- 85articles
- 4 / 8pages
Credit and mortgages: Page 4
3 min read
Mortgage Amortization: How to Read Your Payment Schedule
Learn how to read your mortgage amortization schedule: what each column means, why you pay more interest than principal at first, and how to use it to your advantage.
María Elena Rodríguez
3 min read
Mortgage Origination Fee in Mexico: What It Is and How It Works
What the mortgage origination fee (comisión por apertura) is, when it's charged, whether it's negotiable, and how to compare it across banks when choosing a loan.
Inmobiliaria32 Team
3 min read
Mortgage Substitution in Mexico: Switch Banks
What mortgage substitution (sustitución hipotecaria) is in Mexico, when switching banks to lower your interest rate makes sense, and what costs to weigh before you do it.
Carlos Mendoza
3 min read
Construction Bridge Loans in Mexico: How They Work
How a construction bridge loan works in Mexico: draws tied to build progress, collateral, requirements, and how it differs from a traditional mortgage.
Inmobiliaria32 Team
3 min read
Mortgage Prequalification in Mexico: How to Get It for Free
How to get a free mortgage prequalification in Mexico, what information banks ask for, and why you should have one before you start house hunting.
María Elena Rodríguez
3 min read
Mortgage Broker in Mexico: What They Do and Are They Worth It?
What a mortgage broker does in Mexico, how they get paid, and when their help comparing loans can save you time and money when buying a home.
Carlos Mendoza
3 min read
Co-financing with Infonavit and Fovissste at the Same Time
Home co-financing between Infonavit and Fovissste lets you combine resources from two different institutions to buy a single property.
María Elena Rodríguez
4 min read
Fixed vs. Mixed-Rate Mortgage in Mexico: Which Is Better?
We compare fixed-rate and mixed-rate mortgages in Mexico: how each works, the risks involved, and which type of buyer each one suits best.
Inmobiliaria32 Team
8 min read
What Happens If I Stop Paying My Mortgage in Mexico
If you're about to stop paying your mortgage, here's the process step by step: late fees, credit bureau reports, and a court lawsuit.
Carlos Mendoza
3 min read
UDI-Denominated Mortgages: Advantages and Risks
A UDI loan adjusts your balance for inflation instead of using a fixed peso rate.
Carlos Mendoza
3 min read
How to Withdraw Your Housing Subaccount If You Never Used Your Credit
Withdrawing your housing subaccount is possible in certain cases if you never used your Infonavit credit.
Inmobiliaria32 Team