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Financing Options for Los Cabos Real Estate Buyers

Modern beachfront properties in Los Cabos, representing real estate financing opportunities.

Welcome to the latest episode of Q and A with Nick Fong.  Today, uncover what financing options are available in Los Cabos and Baja California Sur.  Being the founder and broker of Ronival Real Estate, the number-one real estate brokerage in all of Mexico, Nick Fong has quite a wealth of knowledge and experience to share about real estate in Baja California Sur.

In short, Ronival Real Estate offers financing in partnership with Global Mortgage.  Now, continue reading to learn more about financing options in Los Cabos and Glogal Mortgage.

Foreign buyers in Baja California Sur

If you’re from Canada, the United States or another country and buying real estate in Baja California Sur, there’s an amazing financing option available.  It’s a company that has been working with Ronival Real Estate as a partner for years now.  It’s called Global Mortgage and it provides some amazing financing options in Los Cabos.

Global Mortgage REVEALED

From as little as 35 to 40 percent down, Global Mortgage offers some impressive options.  On top of that, they offer typical loan terms, so you’ll know what to expect.  So from 15, 20, and 25 year mortgages to competitive interest rates, Global Mortgage provides a great pathway to home ownership in Baja California Sur without having to pay in full.

Global Mortgage operates in US Dollars for their mortgages, as explained by Global Mortgage’s Alex Koper.  He states how mortgages are serviced in US Dollars.  Along with having their headquarters in Los Cabos, Global Mortgage has offices in Texas, California, and Illinois.  For certain, it’s exciting to see such great mortgage options stationed in Los Cabos, which is one of the best vacation destinations in the world.

Refinancing through Global Mortgage

Refinancing and receiving liquidity from your Los Cabos home equity offers many solutions to home owners there.  To begin, you may be interested in purchasing another Los Cabos property.

You may be intrigued by this option in Los Cabos 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 Los Cabos.  The equity in your home in Los Cabos now serves as a financial resource when other funds have been lost during this economic slow-down.

Especially during these uncertain times, people are pulling money out of the markets and need another place to put it.  The idea of purchasing property in Cabo provides that diversification investors look for.  By doing that, they can pull cash from their equity using the services of Global Mortgage in Los Cabos.

Additional financing options in Los Cabos

When looking at homes for sale in Los Cabos and all around Baja California Sur, many of the listings state “seller financing” options.  Although they typically require a little more down, seller financing is a great option.

One great advantage to seller financing is low interest rates.  And the one difference is loan terms.  To explain, they are much shorter term, ranging from three to five years or slightly longer. 

When you decide to use seller financing, you need to qualify with the sellers themselves.  Then, you’ll work directly with them to work out the final financing terms.  Be sure to ask your Ronival Real Estate agent if a certain property has seller financing options available.

Work With Ronival Real Estate

Ronival Real Estate has helped thousands of buyers and sellers across Los Cabos since 2010. If you’re interested in Cabo Real Estate, our team can assist with everything from showings and negotiations to closing and property management. Have questions? Contact us here or call +52 (624) 227 5766.

Cabo Real Estate MLS Listings

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