Monday, October 1, 2007

Developer and Construction Loans Available in Mexico

MexQuest Mortgage offers developer and construction loans in Mexico!
Are you dreaming of building your new home in one of Mexico's booming resort towns? Let us help you acheive your dream with our construction loan. Our knowledgable representatives will guide you through the loan process and be there for you every step of the way

DEVELOPER LOANS

MexQuest can consummate any number of transactions, including mortgage loans ranging from 5 million to 500 million dollars for multi-family, office, retail, industrial, hotel, mixed-use, and self-storage properties. Our consortium, or "pool", consists of banks, non-depository institutions, insurance companies, pension funds, savings and loans, thrifts, and private investors. We offer many major loan programs, including fixed rate, floating rate, mezzanine, bridge, acquisition, and construction funding.

Loan amounts 5 million to 500 million dollars

6 month adjustable, 2, 3, 7, 10, and full term fixed programs

Your choice of 10, 15, 20, 25, and 30 year amortization schedules

Interest only options are available

Loans are available in Mexico

Closing typically is 60 to 90 days

Maximum LTV is 80% and 90% CLTV for construction

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