In this latest episode of The Nick Fong PODCAST hosted by Nick Fong himself, the founder and broker of Ronival Real Estate, speaks with Alex Koper, the president of Global Mortgage, now called Moxi – a Global Mortgage Company. Today, Alex gives us some updates and great news to finance your new home in Mexico.
Let’s talk about your amazing financing options to buy your new home in Cabo and Baja California Sur. Then, let’s discuss lower interest rates and the name change of Global Mortgage. Now, continue reading to uncover more about financing options for your new home in Mexico.
Discover Moxi – a Global Mortgage Company
Officially announcing their re-brand soon, Global Mortgage is now called Moxi – a Global Mortgage Company. As Alex Koper explains in the video, they are taking all of the best parts of Global Mortgage and wrapping them into a new package called Moxi. This is an “evolution” that will serve clients even better than before.
Global Mortgage operates in US Dollars for their mortgages and mortgages are serviced in US Dollars. Along with being having their headquarters in Cabo, Global Mortgage has offices in Texas, California, and Illinois. For certain, it’s exciting to see such great mortgage options stationed in Cabo, which is one of the best vacation destinations in the world.
Refinancing and receiving liquidity from your Cabo home equity offers many solutions to home owners there. You may be intrigued by this option in Cabo due to the high rental property income potential there. But during these times of uncertainty due to COVID-19, there are new reasons to refinance in Cabo. The equity in your home in Cabo now serves as a financial resource when other funds have been lost during this economic slow-down.
How was 2021 for Global Mortgage?
According to Alex Koper, 2021 was a great year all throughout Mexico for Global Mortgage. As he says in the video, “the market was on fire for Global Mortgage!”
As 2021 was a great year for the real estate market in Baja California Sur, it was also a great year all throughout Mexico for real estate lending. To be specific, Alex says the the year-over-year increase was 400% or quadrupled as compared to that of 2020, the previous year.
In addition the 2021 being a great year, it was also a transformative year for Global Mortgage. As Alex explains, the company went through changes to better serve their clients and their communities.
Regarding the real estate business in Baja California Sur, and how it affects Global Mortgage, Alex tells Nick that he sees great increases in rental property values in general. To explain, rentals are up across the board. This includes resort occupancy and rental houses throughout the area. That means, purchasing real estate in Baja Sur makes great business sense – the ROI is amazing and going up regularly.
The history of Global Mortgage in Cabo
Having been in Cabo since 2018, Global Mortgage is well respected there. Global Mortgage has really hit their stride since 2019. As such, they decided to operate there since good finance options in Mexico for foreigners simply didn’t exist. They are there to provide Americans and Canadians great options for refinancing throughout Mexico.
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Baja California Sur real estate
Many Americans, Canadians, and people from other countries choose to make Los Cabos and other magical towns in Baja California Sur, Mexico, their home or vacation home. Discover how to purchase your dream home in Baja. Make an appointment with the top Real Estate Broker in Baja: Nick Fong, featured on HGTV’s Beachfront Bargain Hunt.
Since 2010, Ronival has been helping clients find the best homes in Cabo and throughout Baja California Sur. And, they’re highly-skilled negotiators that’ll get you the best price. Whether you plan to buy a property or quickly sell your Baja real estate, they’ve got you covered!
If you’d like to take a tour of a property in Cabo or anywhere else in Baja California Sur, just click CONTACT to inquire. Or, call directly at 619-831-2000. Ronival will be happy to answer your questions. You can also schedule a time to show you around this breathtaking location.
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Thank you for reading How to finance your home in Baja California Sur. Be sure to read other posts about Cabo and Baja California Sur on the Ronival blog. There, learn about the many wonderful aspects of Baja California Sur, Mexico, from blog posts like this.