Unlock Your Dream Home: Mortgage for Foreigners in Mexico

Mortgage credit for foreigners: Discover the best options

Mortgage credit opportunities for foreigners are on the rise, offering options for construction from scratch or property acquisition. The process involves applying for a special permit at the General Directorate of Legal Affairs of the Ministry of Foreign Affairs (SRE), completing an application with immigration information and details of the desired property. Although there are restricted zones, such as the 100 km strip along the borders and 50 km along the beaches, they can be overcome through a fideicomiso. Mortgage loans for foreigners in Mexico represent an affordable option with a resident visa and adequate financial conditions.


That is why in this article, we will explore the different options available for foreigners who wish to apply for a mortgage loan in Mexico. We will analyze specialized companies such as Moxi, MortgageHub, HIR Casas, Tu Casa Express, SOC CAF, Creditaria, Kredi and Creditaria, we will analyze the characteristics, requirements and processes involved in each of these options. If you are considering buying a property in Mexico, this guide will provide you with the information you need to make an informed decision and take full advantage of the opportunities available in the Mexican mortgage market.





Moxi is a leading option for U.S. citizens seeking mortgage financing in Mexico. They offer similar terms and conditions to traditional U.S. mortgage loans, with terms up to 30 years and competitive interest rates, generally between 5% and 7%.


Important Details


  • Loan Amounts: Moxi provides the opportunity to borrow up to $2.5 million, with a minimum of $250,000 mxn.
  • Qualification Requirements: A minimum FITOS of 700 points and a maximum LCB of 65% is required, which implies a 35% down payment.
  • Flexible terms: Loan terms can be 15, 20, 25 years and even longer than 30 years.


Steps to apply for a loan with Moxi


  1. Initial Application: Interested clients must complete an initial application, providing relevant personal and financial information.
  2. Eligibility assessment: Moxi conducts a thorough assessment of the applicant’s eligibility, including verification of credit history, income and repayment capacity.
  3. Property Selection: Once the application is approved, the client must choose a property that meets Moxi’s eligibility criteria and is within their financing range.
  4. Closing Process: With the property selected, the client and Moxi proceed with the closing process of the transaction, which involves the signing of legal and financial documents related to the mortgage.
  5. Start of payments: Once the closing process is completed, the client begins making monthly payments on their mortgage according to the terms agreed upon with Moxi.


Importantly, the closing process with Moxi can be fast, achieving turnaround times as short as 15 days, providing a streamlined and efficient experience for mortgage loan applicants.


Mortgage credit for foreigners in Mexico





MortgageHub is the leading mortgage lending company in Mexico, with an extensive network of more than 400 franchises. Specialized in financing purchases in Mexico for foreigners, especially U.S. and Canadian citizens.


Important details


They offer terms of up to 30 years and finance up to 80% of the value of the property. They stand out for their flexibility, allowing tourists and non-residents to purchase properties remotely and rent them.


Financial terms


Interest rates are around 9%, with fixed payment options and flexible terms from 10 to 30 years. They require a minimum credit score of 689 and an optimal score of 725. Although the process is not automatic, approval is accessible to diverse profiles, regardless of immigration status.


Process for applying for a loan with MortgageHub


After approval, you have 5 to 7 months to use the credit. They offer down payment options from 20% to 25%, with a variant called “Platinum Mortgage”, designed for clients with solid credit history and income verification. This credit is ideal for those who already have a property in mind and wish to close the transaction within a quick 30 days.



HIR Casas


HIR Casa is a Mexican company with 60 years of experience in the real estate sector. It stands out for offering a wide range of services and a personalized accompaniment in all stages of the acquisition of a property.


Important details


They offer flexible plans ranging from the acquisition of a new or used house or apartment, to the purchase of land, construction, remodeling, and commercial or office space. Their specialized advice guarantees an easy, fast and simple process for their clients.


Achievements and regulation


With more than $29 billion pesos delivered for the purchase of properties in Mexico, HIR Casa stands out as a reliable and solid company in the market. It is regulated and authorized by the Ministry of Economy, with contracts endorsed by PROFECO.


Presence and finances


With 29 branches throughout Mexico, HIR Casa has broad national coverage. In 2019, they issued $1 billion pesos in trust stock certificates on the Mexican Stock Exchange, demonstrating their financial strength.


Client profiles and requirements

Client Profile A


This profile corresponds to individuals who are not affiliated with social security systems and have difficulty proving their income. Their main source of income is usually in cash and they are unable to provide bank statements or payroll receipts.


  • Requirements: They may or may not have credit history. Personalized attention is required, which is carried out through a socioeconomic study conducted by a specialized consultancy. This study involves two visits: one to the client’s business and the other to their home. It has a cost of $1,400.00 pesos plus VAT.
  • Process: Once the study is completed, we proceed to its evaluation, which usually takes approximately 5 calendar days. The maximum amount to be contracted is $5’000,000.00 pesos. In addition to the socioeconomic study, an official identification and an updated credit bureau are required.


Client Profile B


This profile is aimed at clients who have bank accounts and can provide bank statements. They are usually entrepreneurs, small business owners or freelancers who do not have statements or stamped payroll receipts. Although they receive cash income, they are not fully banked.


  • Requirements: For qualification, they are required to have six full consecutive months of bank statements, in addition to an official ID and an updated credit bureau.
  • Maximum amount: The maximum amount to be contracted is $7’500,000.00 pesos.


Client Profile C


This profile is aimed at clients who can demonstrate reliable income and are fully banked, in addition to being registered with the SAT. They have the ability to prove their income through tax returns or via payroll.




  • If the client checks only with returns, the last 3 months of partial returns and the last annual return are required. It is important to note that in these cases, the income considered is the profit obtained during the period of such declaration.
  • If the client verifies via payroll, the last 3 months of stamped payroll receipts are required.
  • In addition to the documents that prove the income, an official identification and an updated credit bureau must be presented.
  • The maximum amount of financing will depend on the client’s financial situation.
  • If the client has leases, these can be added to their payment capacity, for which the lease contract and the deed to the property in favor of the client must be presented


Moral Person Profile


This profile is designed for companies or legal entities that wish to obtain financing. A series of documents and requirements are required to evaluate the viability of the loan.




  • Prospectus questionnaire for legal entities
  • Financial statements of the last internal partial closing, in its entirety.
  • Copy of the company’s last annual tax return
  • Company resume and/or website
  • Special Bureau Report of the applicant company
  • Application for registration in HIR Casa, duly completed and signed by the legal representative.
  • Letter of justification of financing (project), signed by the legal representative.
  • Copy of the company’s articles of incorporation
  • Copy of the notarized copy of the minutes of the annual shareholders’ meeting.
  • Power of attorney of the company’s legal representative
  • Tax identification card of the company before the Tax Administration Service (SAT)
  • Letter of opinion of compliance with the Tax Administration Service (SAT)


Profile for Foreigners


This profile is designed for foreigners who wish to obtain financing in Mexico for the acquisition of property. A series of documents and requirements are required to evaluate the applicant’s eligibility.




  • Good credit score
  • Complete credit bureau, showing monthly payment history.
  • Bank statements for the last 6 months
  • Tax returns for the immediately preceding year
  • Last 3 months of payroll receipts


Everyone must present their enrollment application, official identification and updated credit bureau, regardless of their form of income verification.


It is important to know that transfers between accounts, payment of investments, are not considered income.


A legal entity cannot prove income from an individual, except for dividends.


Canadian Americans: Clients who want to buy a property in Mexico. It is not necessary to have a credit history in Mexico. Permanent residency is not required.


Requirements for housing loans housing loans housing fund housing loans mortgage loans for foreigners | mortgage loan for foreigners



Tu Casa Express


Tu Casa Express is a financial institution that has supported Mexican and foreign families for more than 24 years in the acquisition and growth of their assets. Backed by the Ministry of Economy and PROFECO, it is committed to offering accessible and reliable financing solutions.


Important details


  • Minimum loan amount: $56,000 USD
  • Minimum property value: $80,000 USD
  • Maximum LTV: 70% of purchase value
  • Single term: 15 years
  • Prepayment penalty: 0%
  • Formalization through a trust


What can the Credit be used for?


  • House (apartments)
  • Land + construction for foreigners
  • Commercial premises
  • Land
  • Warehouses
  • Offices
  • Buildings
  • Expansions and remodeling


What are the policies?


  • Available for urban properties with services
  • Property value from $1MDP to $10MDP
  • Plans for foreigners: 70% LTV
  • Plans for Mexicans: 80% LTV
  • Possibility of contracting with owners and multiple buyers
  • No penalties for principal payments


What are the requirements?


  • Minimum age: 18 years old
  • Maximum age of contracting: 59 years, 11 months
  • Work seniority: not required
  • Proof of tax status: not required
  • Good credit bureau record: not required.
  • Informal economy welcome
  • Annual tax return: not required
  • Available for salaried or self-employed


What are the financing plans?


1. Premium

  • Down payment: 20%.
  • Term: 4 monthly payments
  • Amount: $1,500,000 to $5,000,000
  • Individual


2. Optimum+

  • Down payment: 30% Down payment: 30% Down payment: 30% Down payment: 30% Down payment: 30% Down payment: 30% Down payment: 30%
  • Term: 3 monthly payments
  • Amount: $1,000,000 to $10,000,000
  • Individual


3. Elite

  • Down payment: 40%.
  • Term: 2 monthly installments
  • Amount: $2,000,000 to $10,000,000
  • Individual/moral person


What are the contracting processes?


  1. Pay down payment
  2. Pay origination fee (2% + VAT)
  3. Pay the first monthly payment
  4. Pay the second monthly payment
  5. Pay the third monthly payment
  6. Authorized credit, appraisal, escrow, and closing





SOC CAF is a mortgage financing option that offers competitive rates and flexible terms for Mexican and foreign citizens, including those from the United States and Canada who do not reside in Mexico. In addition, SOC CAF offers mortgage financing to government employees and retirees. They offer a variety of mortgage products, including fixed rate mortgages, adjustable rate mortgages and jumbo mortgages.


Important Details


  • Minimum Amount: From $500,000 in CDMX, $2,250,000 mxn in the rest of the Republic.
  • Minimum Home Value: $1,250,000 mxn.
  • Maximum Capacity: 80%.
  • Annual Interest Rate: From 10.60% – 10.80%.
  • Term: Up to 30 years.
  • Origination Fee: 2.00%.
  • Life Insurance: $1 per thousand.
  • Damage Insurance: $0.4 per thousand.
  • Administration Fee: $499 mxn + IVA per month.
  • Mortgage Guarantee with Ages: 18 to 64 years (74 years and 11 months).
  • Home Purchase for Foreigners: Residential or mixed land use (less than 20% of the total construction).


Foreigners Profile (U.S. and Canada)


  • Foreigners regardless of immigration status (including tourists)
  • Does not accept foreign retirees
  • BC Score Salaried and Self-Employed: 689-724 725+ (Committee – No Committee)
  • Proof of income and FICO score required





CREDITARIA is a financial institution that offers mortgage financing to foreigners in Mexico. They offer a variety of mortgage products, including fixed rate mortgages, adjustable rate mortgages and interest only mortgages. CREDITARIA is a good option for foreigners seeking a mortgage in Mexico.


What are the requirements?


Requirements vary from bank to bank, but in general the following are considered:


  • Good credit bureau history
  • Be older than 25 years old
  • Have verifiable income, either as a salaried employee or self-employed
  • Demonstrate payment capacity
  • Work seniority of at least 1 year for salaried employees and 2 years for self-employed


Foreigners in Mexico


Foreigners with temporary or permanent residence in Mexico, as well as credit history and income in the United States, may apply for a mortgage loan. Required documents include


  • FM2 or FM3 immigration form
  • Valid passport
  • Good credit history in their country of origin and in Mexico


Cofinancing with FOVISSSTE or Infonavit.


If the foreigner is contributing for FOVISSSTE or Infonavit, he/she can co-finance the mortgage loan in Mexico, as long as he/she complies with the established requirements.


Proof of Income


Clients can prove their income in the following ways

  • U.S. documentation only.
  • U.S. documentation (as an employee) plus Mexican documentation (as an employee or self-employed).


In conclusion, it is a company that collaborates with Business Partners to find the best mortgage loan that fits the needs of each client.





Kredi is recognized as one of the 100 fastest growing Mexican startups, according to Forbes Mexico. It offers mortgage loans supervised by the National Banking and Securities Commission, registered in SIPRES to guarantee the protection of users against possible irregularities, thus supporting the financial security of customers under the supervision of Condusef.


Key Features


  • Access with Credit Score: Loans are available for people with a credit score of 610 points or more.
  • Flexible Terms: Offers payment terms of up to 30 years to provide greater convenience to the client.
  • Generous Financing: Loans can cover up to 90% of the value of the desired property, facilitating the acquisition of real estate.
  • Competitive Interest Rate: The fixed annual interest rate starts at 10.45%, offering favorable conditions compared to other options in the market.
  • Agile and Remote Process: Stands out for its 100% online application process, with personalized simulation in seconds and fast pre-approval, which expedites access to financing.
  • Customer Focus: It has a dedicated customer support team, prioritizing the user experience and providing personalized assistance at all times.
  • Proof of Income Requirements: Various documents are accepted for proof of income, such as payroll receipts, bank statements or annual statements, facilitating the process for different applicant profiles.
  • Documentation for Independent Businesses: For independent businesses, a Constancia de situación fiscal and at least 18 months of activity are required, ensuring the applicant’s financial stability.
  • Limitations on the Use of Credit: Loans are not offered for the purchase of land or for remodeling, focusing mainly on the acquisition of residential properties.


How is interest calculated?


The interest calculation is determined based on the associated risk level and the percentage of credit in relation to the value of the property, ensuring fair and transparent conditions for customers.


In conclusion Kredi is a fintech company that offers online mortgages in Mexico. They are known for their flexible eligibility requirements and low down payment options. Kredi mortgages are a good option for borrowers who have a less than perfect credit score or are unable to make a large down payment.



Compare the best mortgage credit options for foreigners in Mexico


Institution Interest Rate Loan Amounts Deadlines Closing Process
Moxi From 5% – 7% $250,000 mxn – $2,500,000 mxn Up to 30 years Fast in some cases 15 days
MortgageHub About 9% Unspecified 10 – 30 years Unspecified
HIR Casa Annualized rate of 8.9% Unspecified 1 a 15 years Unspecified
Tu Casa Express Unspecified From $56,000 USD 15 years Down payment, origination fee, monthly installments
SOC CAF 10.60% – 10.80% From $500,000 mxn in CDMX, $2,250,000 mxn in the rest Up to 30 years Unspecified
Kredi From 10.45% Unspecified Up to 30 years 100% online, fast pre-approval
CREDITARIA From (7%) up to 12-14% Unspecified Up to 30 years Focus on customer experience


At Plalla Real Estate, we specialize in facilitating the process of obtaining a mortgage loan for foreigners who wish to buy a house or apartment in Mexico. Our expert team is here to advise you and accompany you every step of the way. From the initial consultation to the loan approval, we will take care of all the paperwork so you can become a homeowner.


Contact us today and make your dream of owning property in Mexico a reality!



How to choose the best mortgage credit in Mexico as a foreigner?


Buying property in Mexico as a foreigner can be an exciting experience, but it also involves a number of important financial considerations, especially when choosing the right mortgage loan. Here are some tips and recommendations to help you make the best decision:


  • Research the available options: Before committing to a mortgage loan, take the time to research and compare the different options available in the market. Examine the interest rates, payment terms, eligibility requirements and any other relevant features of each mortgage product.
  • Compare interest rates: The interest rate is a crucial factor that will affect the total cost of your mortgage loan. Compare the rates offered by different financial institutions and choose the one that offers the most favorable and competitive conditions.
  • Consider payment terms: Carefully evaluate the payment terms available for each mortgage loan. While longer terms may mean lower monthly payments, they also mean paying more interest over time. Find a balance between comfortable terms and reasonable total costs.
  • Review eligibility requirements: Make sure you meet all eligibility requirements established by the financial institution. This may include having a good credit history, having verifiable income, and meeting certain age and residency criteria.
  • Consult with a financial advisor: If you have questions or concerns about the different mortgage products available, consider consulting with a financial advisor. They can provide personalized guidance and help you make an informed decision that fits your unique financial situation.





With so many mortgage options in Mexico, it can be overwhelming to choose the best one for you. Companies such as Moxi, MortgageHub, HIR Casa, SOC CAF, Creditaria and Kredi offer a variety of solutions to suit different customer profiles, including foreigners residing in Mexico. Each one seeks to facilitate access to homeownership with flexible terms, competitive rates and agile processes. But, which is the right option for you? Consider aspects such as credit term, income verification requirements and customer service when making your decision.


In short, whatever your financial situation or specific needs, there is a mortgage loan option in Mexico that is right for you. Explore the different alternatives, compare the conditions and choose the one that best fits your goals and possibilities, taking the first step towards the realization of the dream of owning your own home.


Do not hesitate to share your experience and comment on what has been your biggest challenge when looking for a mortgage loan in Mexico.



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