News from Around Banderas Bay | August 2007
|Great News for Canadians! MEXLend Now Offering Mortgages for Canadian Citizens |
Patrick Harrison - PVNN
Puerto Vallarta, Mexico - Responding to numerous requests Puerto Vallarta based MEXLend, an industry-leading mortgage broker in Mexico, is thrilled to announce two new mortgage programs for Canadian Citizens allowing them to purchase their dream home, villa or condo in Mexico.
|Partnerships with banks, private lenders, title insurance agencies and attorneys give MEXLend the ability to streamline the mortgage process in Mexico. For more information, visit MEXLend.com|
"We are ecstatic with the introduction of yet another fund option available for Mexican properties," stated David Schwendeman, co-founder and COO of MEXLend. "Our Canadian clients have been asking for programs geared for them and we are thrilled to be able to deliver."
MEXLend has secured the following loan options for Canadian Citizens. One program offers 80% financing (20% down) for qualified borrowers with a starting Interest Rate 9.25 %. The other program offers 60% financing (40% down) for qualified borrowers with a starting Interest Rate 7.50 %. "Our goal at MEXLend is to keep adding new loan and fund options for our customers. By offering the most lenders and more options in Mexico than our competitors, we are able to offer our clients programs that better match their needs and financial situation," added Terence Reilly, CEO of MEXLend.
As recently as three years ago, your options to purchase a home in Mexico were limited to paying cash or to mortgages with extremely high interest rates. Within the past year, many lending options have opened up to foreigners seeking a mortgage, but only one Mortgage Broker - MEXLend - has been singled out for customer service.
In recently announced results based upon post-closing client interviews conducted by Mexico's largest US lender, MEXLend won the #1 mark of distinction for both client satisfaction and fastest closings for the second straight cycle. Time and time again, MEXLend was praised for their attention to detail, ease of process and timeliness. Forging partnerships with banks, private lenders, title insurance agencies and attorneys has afforded MEXLend the unique ability to streamline the mortgage process in Mexico. Many brokers will make a claim of their ranking and closings, make sure they have the back-up to support their claims.
MEXLend is not limited to mortgages for Puerto Vallarta, as they can offer their award-winning services and multiple loan options for purchasing property in any city, town or resort area throughout Mexico - in US Dollars or Pesos - to refinance a current loan or simply cash out on existing equity.
MEXLend, Inc. is a Mexican mortgage brokerage based in Puerto Vallarta that currently represents 8 different lenders offering 75 different loan options in Dollars and Pesos for buyers looking to purchase vacation or investment property throughout Mexico. To learn more about MEXlend, click HERE or visit MexLend.com.
Born in Seattle, WA, Patrick Harrison has been living in PV for more than 3 years. Drawing on his experience in entertainment, radio, retail and sports marketing in major US cities, Patrick opened his own business here in Vallarta, P. Gringo Marketing & PR, a successful Public Relations Firm that targets the English-speaking tourist and local communities. You can contact Patrick at patrickinpv(at)gmail.com
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