|MEXLend Announces a New Euro Loan Option|
Patrick Harrison - P. Gringo Marketing & PR
October 18, 2010
Puerto Vallarta-based MEXLend, an industry-leading mortgage broker in Mexico, is thrilled to announce a new Euro-based mortgage program for citizens of Spain and the UK, allowing them to purchase their dream home, villa or condo in Mexico.
"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 European clients have been asking for programs geared for them and we are thrilled to be able to deliver."
With the addition of the Euro loans, this further expands financing opportunities for clients and additional options for developers across the country. Mexico is seeing a marked increase in real estate sales to European buyers riding the wave of increasing Euro values. Now with loan options geared specifically for them, the likelihood of purchasing increases.
MEXLend's program offers loans in Euros and have interest rates that more correlate with mortgages in Europe. This means that they are tied to the Euribor and not LIBLOR. The rate is Euribor plus 2.85%, so today, the rate stands at 4.9%.
"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 David Schwendeman.
MEXLend is not limited to mortgages and loans 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, Pesos and now Euros - to refinance a current loan or simply cash out on existing equity.
To discover what one of the many loan options that MEXLend offers is right for you, go online to MexLend.com or MexLend.com.mx or call (322) 222-7377 in Vallarta, 1-800-3-Mi-Casa in Mexico or (917) 779-9061 from the US or Canada.
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 since 2003. 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 patrick(at)pgringo.com
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