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    Loans In Mexico*  
  Product Description   Loan Guidelines    Geography
Estimates Closing Costs    Funding Procedures  

 
 

Product Description

Mexican Dream Mortgage

Rate & Term
3/27 @ 7.99%
5/25 @ 8.49%
Max Loan Amount
$1.5 Million
LTV
Max 70%
FICO Min
680
DTI
40 %
Documentation
Full Verified Assets
Alt. Doc – 24 month bank statement (non W/E)
Transaction Type
Purchase Loan
Purchase Loan w/borrower-financed construction
Currency
$US
Prepayment Penalty
3% for prepayments for 3 yrs ; 2% discount to waive
Seller Contributions
Allowed up to 3%

*Rates are used as an estimation only and are subject to change. Loans are subject to borrower qualification.

 

 
 
     
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