News from Around Banderas Bay | April 2008
|Mexican Peso Mortgages Now Available|
Patrick Harrison - PVNN
Puerto Vallarta - MEXLend is pleased to announce that Peso Loans are now available for Foreign or Mexican Nationals or for those individuals who for the most part have officially expatriated to Mexico.
|MEXLend can be reached at (322) 132-7991 in Vallarta, at (917) 779-9061 from the US and Canada, or online at MEXlend.com.|
While the interest rates are a bit higher than US lending counterparts, they are becoming more and more competitive. Most require lower down payments and the monthly payments become much more attractive when you convert from dollars to pesos.
As the only Gringo company doing Pesos loans, MEXLend can offer their award-winning personalized service guiding you through the steps of obtaining a Peso loan. MEXLend currently works with 7 different banks that offer the Peso loan ensuring that they will find you the right program to fulfill your needs.
Peso loan rates start at 9.99%, only a point or two higher that US rates, and are available for purchase, re-finance, land or construction. Available in 5, 10, 15 or 20 years, this Peso Loan Program, available through MEXLend, offers the flexibility and accessibility that many people have been waiting for.
"These loans have become extremely popular among those who have more-or-less moved to Mexico on a permanent basis or for US and Canadian citizens who are seeking smaller loan amounts," stated Terence Reilly, CEO and co-founder of MEXLend. "Many people that work in the local community including hotel, restaurant or timeshare, have been asking for a loan program. We are pleased that we can deliver a program that offers so many options for them."
MEXLend is not limited to mortgages for Puerto Vallarta, as they can offer their award-winning services for purchasing property in any city, town or resort area throughout Mexico - in US Dollars or Pesos - to purchase, refinance your 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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