MoXi Secures $300 Million To Provide Financing For International Homebuyers
MoXi (Global Mortgage) continues in it's mission to provide financing solutions to US Citizens with incredible news.
The Palisades Group, LLC ("Palisades"), an alternative asset manager in the global residential credit and real estate markets, has announced that its fintech lending platform secured a $300 million capital commitment to provide financing to international homebuyers in Mexico and LatAm.
"In many countries around the globe, especially LatAm, home financing solutions for foreigners are non-existent, exorbitantly expensive and/or unsafe," said Jack Macdowell, Palisades' Managing Partner and Chief Investment Officer. "As a result, international homeownership is often reserved for those with the financial capacity to pay cash while excluding conventional creditworthy consumers."
MoXi (Global Mortgage)'s mission is to democratize access to international homeownership through technology-driven lending solutions that provide thoughtful consumer education, streamlined credit underwriting and securely originated loans that effectively navigate the complexities of local property laws abroad.
"Through exhaustive research and extensive investment, the MoXi (Global Mortgage) team has developed world-class processes to evaluate foreigner creditworthiness and originate loans secured by Mexican real estate," said Alex Koper, MoXi's Chief Executive Officer. "Our foreign clients appreciate MoXi's transparent financing solutions in Mexico as our team's local knowledge and expertise creates a safer and more secure transaction while simultaneously increasing purchasing power and liquidity," added Koper.
Did you know that MoXi funds & services loans in USD, is regulated and audited in the US & Mexico, and ensures compliance throughout the term of your loan?