your dream home in mexico brought to you by bbva compass bank and bbva bancomer
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Your Dream Home Your Dream Home in Mexicoin Mexico
Brought to you byBrought to you by
BBVA Compass BankBBVA Compass Bank
And And
BBVA BancomerBBVA Bancomer
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This loan has been tailored specially for Americans and
Canadians residents with income and main residence in either United States or Canada.
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What can I purchase?What can I purchase?
Single family home.Single family home. TownhomeTownhome CondominiumCondominium
LocationLocationBeach or city propertyBeach or city property
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Loan qualifications under US credit Loan qualifications under US credit bureau guidelinesbureau guidelines
Title SearchTitle Search Appraisal on the propertyAppraisal on the property Proper documentation to acquire Proper documentation to acquire
the property legally in Mexico the property legally in Mexico through a Bank Trust (Fideicomiso) through a Bank Trust (Fideicomiso)
What does BBVA Compass Bank and BBVA Bancomer offers?
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BenefitsBenefits
Personal and professional Personal and professional assistance from our bilingual staff assistance from our bilingual staff in Mexico or from our Compass in Mexico or from our Compass Bank’s loan officers in United Bank’s loan officers in United States and CanadaStates and Canada..
Fixed Rate Loan Program andFixed Rate Loan Program and adjustable rate mortgage.adjustable rate mortgage.
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No mortgage broker's fees. No mortgage broker's fees. Easy and fast wire transfers to Easy and fast wire transfers to
facilitate payment to Seller. facilitate payment to Seller.
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Types of LoansTypes of Loans
Fixed Rate Loan Program. Fixed Rate Loan Program. Fixed Rate loan during the first 3 Fixed Rate loan during the first 3
years and adjustable rate years and adjustable rate program on the remaining years.program on the remaining years.
Fixed Rate loan during the first 5 Fixed Rate loan during the first 5 years and adjustable rate years and adjustable rate program on the remaining years.program on the remaining years.
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Loan DescriptionLoan Description
Loans are in American DollarLoans are in American Dollar Minimum loan amount of $100,000 Minimum loan amount of $100,000
USDUSD Loan period: 15, 20, 25 and 30 yearsLoan period: 15, 20, 25 and 30 years Interest rate will be determined Interest rate will be determined
according with credit history.according with credit history. Legal documentation to create a Bank Legal documentation to create a Bank
Trust (Fideicomiso)Trust (Fideicomiso)
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Prepayment penalties: 2% on the Prepayment penalties: 2% on the first year, 1% on the second and first year, 1% on the second and no penalties starting the third no penalties starting the third year. year.
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Who qualify?Who qualify?
FICO score 680 pointsFICO score 680 points To be at least 18 years of ageTo be at least 18 years of age Have an income and main Have an income and main
residence either in United States residence either in United States or Canada. or Canada.
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RequirementsRequirements
Signed applicationSigned application Copy of passport or driver's licenseCopy of passport or driver's license Income tax return for the past 2 Income tax return for the past 2
years, including W2 forms or 1099years, including W2 forms or 1099 Payroll checks or stubs for the last Payroll checks or stubs for the last
monthmonth Bank statements for the last 2 Bank statements for the last 2
monthsmonths