To solve a home purchase with credit it is better to find out in addition to the banks, who offers a mortgage loan. In Mexico, there are other institutions both private and government that is integrated into a market competition. rythmafriq.com for an assessment
And they not only offer a loan for new or used housing, but also for remodeling, expansion, batch construction among others. The important thing is to analyze all the options to choose the one that best suits your needs.
In addition to the banks who offers
The real estate market in Mexico is growing and this due to the low-interest rates offered by financial institutions. But it is convenient to carry out market research to determine who offers the best conditions. Some financial institutions that offer mortgage loans are analyzed.
The Limited Object Financial Companies
They are entities that offer mortgage credit operations and are regulated and authorized by the Ministry of Finance and Public Credit (SHCP).
The Multiple Object Financial Companies
They do not require an authorization from the Federal Government, but they are contemplated in Mexican legislation and have a registry before CONDUSEF. Only in this way are they shown as regulated entities for legal purposes.
Cooperative Savings and Loan Societies.
It must be legally authorized by the National Banking and Securities Commission (CNBV). It offers its services as a jointly-owned social enterprise, to solve savings and credit needs among its partners.
Institute of the National Housing Fund for Workers
It has the participation of workers, government and business, and its main function is to grant loans, including a mortgage. The worker must contribute as a rights holder and have a housing sub-account.
Housing Fund of the Institute of Social Security and Services of State Workers
Responsible for granting mortgage credit to employees who work with public or government entities.
With the above, it is known that in addition to the banks, who offer mortgage loans, it also offers interest rate options. It is recommended to seek the advice of a professional such as Loan lender, to find the best market conditions.
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