From pre-approval to closing, MoXi expertly coordinates your transaction. Our talented and capable team is available to assist you with any questions you may have along the way and pre-approval typically takes just a few business days.

MoXi has significant capital (hundreds of millions of dollars) from which to fund its mortgage loans, and is a regulated and audited financial institution in Mexico. MoXi complies with all applicable laws in Mexico and the United States.  

We have 200+ years of combined international lending experience on both sides of the border and always keep our client’s best interest at hand.

At MoXi we take our commitment to client success seriously; after all, there are no compromises when it concerns quality, reliability, and reputation.

Characteristics of our loan programs include:

• fully amortized term up to 30 years
• fixed interest rate
• no balloon payment
• no hidden fees
• no fx risk ($USD originated and serviced)
• mortgage interest reported in the US (potential tax deductibility)

Currently, MoXi offers competitively priced mortgage loans from $200,000 - $ 2.5 million US Dollars on residential property in Mexico up to 65% of the appraised value of the property (Loan-to-Value - “LTV”) to qualified individuals.

For example: For a USD $750,000 home, the maximum loan amount would be USD $487,500.

MoXi provides financing to US citizens on Mexican real estate. To apply, fill out the form on this page.

MoXi offers U.S. citizens sound and secure cross-border mortgage financing for purchasing destination real property in Mexico or for refinancing an existing mortgage. For current owners, MoXi also provides cash-out refinance options that provide secure liquidity without restrictions on the use of proceeds. Live as your heart desires while protecting your assets and adding to your legacy.

The first step to qualifying for a mortgage is to fill out the form on this page and/or complete your application on our website. Our team will reach out and discuss next steps.

No, property held in trust or Fideicomiso by a trustee bank is not an asset of the bank. If the bank goes into financial difficulty, the property is simply transferred to another trustee bank. These laws are federally imposed. This said, MoXi carefully selects its partner financial institutions who hold client’s fideicomisos and MoXi monitors fideicomiso renewals annually as part of loan servicing activities.

A buyer of Mexican real estate holds the same rights as a property owner in the US, including the right to enjoy, sell, rent, improve the property, etc. This ownership is acquired through a fideicomiso or bank trust. The Bank Trust is a legal substitute for fee simple ownership (as is ownership in the US), but the Trustee is the legal holder of the property. The rights to the property may also be transferred to a third party or passed on to named heirs. Sometimes, the property being purchased is already held in a fideicomiso (trust). If this is the case, the buyer has the option of assuming that trust or having the property vested in a new trust. MoXi’s in-house and external legal teams work together with clients to educate and make an informed decision about vesting.

Anyone can buy your property usually without restriction. No restrictions exist if you have a mortgage from MoXi and later decide to sell the property. Just as in the United States, the mortgage is paid off prior to or concurrent with the close.

No. Under the trust agreement, the beneficiary (you) has a contractual right with the Mexican bank to all benefits that result from the use or sale of that property. As trustee, the bank has a fiduciary obligation under Mexican law to respect the rights of the beneficiary. The same beneficiary has a contractual right to renew the bank trust for another 50-year term upon expiration and can make multiple extension requests without issue.

Mexican foreigners can own property in Mexico via a Mexican land trust called a fideicomiso. The trust has a 50-year term and can be renewed perpetually to allow for seamless long-term control of the asset. The property can be willed from generation to generation, sold, improved, etc. There are no restrictions that prohibit US Citizens from owning property in Mexico via a Fideicomiso. MoXi, working with you, its partners, and vendors creates a trust for you as part of your loan process. You may choose to hold your rights to the property in your individual name(s), a US-based revocable trust, LLC, or corporation.

MoXi’s straightforward application process lets you qualify for a mortgage without leaving your own home. Start the process by answering a few questions.

The purpose of an apostille is to authenticate the notarization and or certification of documents to be used in a foreign country. An “authentication” certifies the signature and the position of the official who has executed, issued or certified a copy of the document. MoXi may request you obtain an apostille stamp if, for example, you choose to vest your property in an LLC, Trust, or Corporation. MoXi uses a trusted vendor that is approved to apostille documents for all 50 US states.

Any legal property transaction in Mexico just be overseen by a Notario Publico. Beware of any real estate sellers that request a ‘soft closing’ or a closing that doesn’t involve a Notario Publico.

The Notario Publico's responsibilities include reviewing all required documents with respect to real estate transaction, including the assurance that all required documents have been reviewed and executed properly, in accordance with the laws in Mexico.

In addition, the Notario Publico makes sure that all legal formalities have taken place as well as collecting all taxes and forwarding such monies to the Tax Authorities in Mexico.

While some foreign buyers forego the purchase of title insurance when purchasing property in Mexico, this is not advised. Title insurance protects you, the buyer, against situations where the seller might not have legal right to sell the property or other parties may have claim to the property in the future. These unfortunate circumstances are much more common in Mexico than you might expect. For these reasons, MoXi requires title insurance to obtain financing in most markets, where available. Title insurance policies are issued only after an extensive title search is completed on the subject property, and is part of the loan process. 

Whether you choose to work with MoXi or not, we encourage you to, when/where available, purchase a residential title insurance policy.

Is title insurance available in Mexico?

Title insurance is available in many markets across Mexico. There are some geographic areas where title insurance policies are not issued unless the developer has obtained a master title insurance policy on the entire development. Speak with your Mortgage Advisor for more details.

The Public Registry is a government office where documents are held that reflect current and previous ownership of land titles. This is similar to a ‘County Recorder’s Office’ in the United States.

In Mexico, deeds are public instruments and can be researched at these offices, which are open to the public. 

The majority of cities and towns of Mexico have a Public Registry of Property. In a real estate transaction, the notary public conducts a search of the title encompassing a previous 10-year period to verify that there are no liens or encumbrances recorded against the property and also verifies that the seller has the capacity to transfer ownership.

As an additional layer of protection for clients, MoXi often records transactions with the RUG - the electronic moveable asset registry.

The Mexican bank, or Trustee Bank, takes instruction only from the Beneficiary of the trust (the buyer). The beneficiary has the right to use, occupy, build upon, improve, lease and possess the property. The beneficiary may also instruct the Trustee to transfer the rights to another qualified buyer or bequeath the property to an inheritor. The initial term of the trust is 50 years; however the trust can be renewed for additional periods of 50 years indefinitely, providing for long-term control of the asset. MoXi handles all aspects of the setup for the bank's trust as part of the loan process. Even if the mortgage is paid off, the trust continues until extinguished or renewed.

MoXi adheres to the US processes of an escrow account, utilizing an impartial third party, namely an escrow company. The third party is entrusted with the job of seeing that the transfer of ownership from the seller to the buyer takes place according to the terms of the written contract agreed upon by all parties involved. 

The third-party escrow agent holds any funds securely (including proceeds from your mortgage loan) until the the legal closing commences, according to the terms outlined between buyer and seller in the agreement. The agent then disburses the funds to the designated parties after all parties have signed. Disbursement typically occurs either the same day as signing or the following day, depending on wire transfer cutoff times..

In purchase transactions, buyer typically pays a majority of the closing costs, including transfer tax, notario fees, and other related costs and charges. The seller, from proceeds, typically covers any capital gains tax due and broker commissions. 

For refinance transactions, any associated fees and costs are generally paid by the borrower. In many cases, transfer tax does not apply for refinance or cash-out refinance transactions. For more information on fees, costs, and charges commonly assessed in a purchase or refinance transaction, please see MoXi’s fee disclosure available at https://bit.ly/moxi-fees 

Closing costs vary depending on several factors and generally range from 5-10% for purchase transactions (whether or not you obtain mortgage financing from MoXi). For refinance transactions, closing costs are generally lower because government transfer tax usually does not apply.

Here's a detailed view of costs associated with legal property transfer transactions in Mexico. Included here is also a MoXi detailed fee schedule. https://bit.ly/moxi-fees 

The duration of a typical “Fideicomiso” Bank Trust is 50 years, though it is renewable for additional 50-year terms with minimal effort.

The Mexican bank, or Trustee, takes instruction only from the Beneficiary of the trust (the buyer). The beneficiary has the right to use, occupy, build upon, improve, lease and possess the property. The beneficiary may also instruct the Trustee to transfer the rights to another qualified buyer or bequeath the property to an inheritor. The initial term of the trust is 50 years; however the trust can be renewed for additional periods of 50 years indefinitely, providing for long-term control of the asset. MoXi handles all aspects of the bank's trust for the buyer as part of the loan process.

Property taxes in Mexico are usually considerably less than the US. Taxes are based on the tax assessed value of your property and the municipality governing the location of the property. Many clients find that property taxes in Mexico are a tiny fraction of that which they are accustomed to paying in many US States.

Because of the US/Mexico treaty against double taxation, you may be eligible to receive tax credits in the United States for taxes paid in Mexico. Seek advice from your financial advisor or CPA for your specific situation.

Since the real property is located in Mexico, Mexican law deems the source of income to be located within its jurisdiction, making it subject to taxation - typically on any capital gain - by Mexico. This is consistent with tax practice and legislation around the world.

Yes, MoXi offers cash-out refinancing to existing property owners of up to 60% LTV. For example, a home with an appraised value of $1,000,000 is eligible for a cash-out refinance loan of up to $600,000. Any existing lien(s) against the property would have to be paid off with the new loan proceeds at closing, ensuring that MoXi retains a 1st lien position.

At this time, MoXi only finances completed, habitable residential property. This includes condos, Single Family residences, 2-4 unit residential properties, and occasionally mixed use properties where 50% or more of the a/c square footage is residential.

Yes! Eligible occupancy types at MoXi include owner occupied, second home, vacation home, and investment property.

Are you considering purchasing a home in Mexico as a US Citizen? 

The prospect of buying property in a foreign country can be overwhelming, but with MoXi by your side, you'll have the knowledge and experience necessary to navigate this unfamiliar market confidently. In this comprehensive guide, we'll explore how MoXi can ensure a secure transaction when you're looking to own a home in Mexico.

When it comes to buying a home in the United States, certain essential components, such as title searches, title insurance, and commercial appraisals, are crucial for a successful real estate transaction. 

However, in Mexico, US Citizens often acquire real estate without these important safeguards due to a lack of familiarity with proper funding procedures. Shockingly, nearly 40% of transactions we've been involved in have faced significant issues related to property titles. 

This alarming statistic reveals that in some cases, the seller may not have been eligible to sell the property because it had not been appropriately registered beforehand.

Understanding the Costs and Pitfalls of Foreign Transactions

With the increasing trend of global real estate purchases, it's more important than ever to be aware of potential pitfalls and costs associated with transactions in foreign countries. MoXi has facilitated transactions involving tens of millions of dollars, many of which have encountered issues related to transfer taxes, reverse capital gains taxes, or capital gains taxes for sellers. 

These costs can range from thousands to tens of thousands of dollars and often result from uninformed buyers or sellers neglecting necessary steps, such as obtaining title insurance, conducting a legal title search, or appraising their property.

The Importance of a Reliable Partner

To ensure a secure and hassle-free experience, it is imperative for both buyers and sellers to work with a trustworthy team that possesses the expertise to navigate foreign regulations. This way, you can protect your investment and avoid overpaying due to a lack of knowledge or representation. MoXi is committed to providing thoughtful guidance to make your dream of owning global real estate a reality.

Unparalleled Security with MoXi

At MoXi, we offer more than just mortgages. We partner with our clients to help them navigate the intricacies of homeownership in Mexico. Notably, municipalities in Mexico often do not send out property tax bills, whether in paper or electronic form. MoXi takes on the responsibility of tracking these details for our clients and collects them through the monthly mortgage coupon. Furthermore, we ensure that annual fiduciary bank fees for owning property in restricted zones are paid on time, safeguarding your ownership from any potential threats.

The Mexican Real Estate Landscape: Opportunities and Challenges

The Mexican real estate market is an exciting and dynamic space. With a diverse range of properties, from beachfront villas to colonial-style homes in historic cities, there's something for everyone. However, the market also presents unique challenges that can catch uninformed buyers and sellers off guard. Understanding these challenges is crucial to making a wise investment in Mexican real estate.

Property Titles and Their Significance

One of the critical elements in a real estate transaction is the property title. In the United States, a title search is a standard practice to ensure that the property being sold is free from encumbrances and that the seller has a legal right to sell it. Title insurance offers further protection, providing a safety net for buyers in case any title issues arise in the future.

In Mexico, property titles operate somewhat differently. While the concept of property titles exists, the process for verifying them and the need for title insurance are not as widespread among foreign buyers. This can lead to significant risks and complications.

It's essential to understand that property titles in Mexico must be properly registered to ensure that the seller has the legal right to transfer the property. In many cases, issues arise because the property was not correctly registered before the sale, and the buyer may find themselves in a precarious situation. MoXi has seen numerous cases where buyers had already acquired a property, only to discover later that the seller was not eligible to sell it.

The Role of MoXi: Ensuring a Secure Transaction

With the challenges and complexities associated with buying property in Mexico, the expertise and guidance of a reliable partner like MoXi are invaluable. Here's how MoXi can help you navigate the Mexican real estate landscape and ensure a secure transaction:

1. Property Title Expertise: MoXi specializes in conducting thorough property title searches to ensure that the property you're interested in is free from encumbrances and that the seller has a valid title to transfer the property. Our experts are well-versed in Mexican property laws and regulations, providing you with peace of mind.

2. Title Insurance: While title insurance is not as common in Mexico as it is in the United States, MoXi can assist you in obtaining title insurance to protect your investment. This extra layer of security ensures that you are financially protected in the event of any title-related issues in the future.

3. Legal Title Search: MoXi conducts meticulous legal title searches to uncover any potential legal issues with the property, such as outstanding liens, debts, or legal disputes. This helps you make an informed decision before proceeding with the purchase.

4. Property Appraisals: Determining the true value of a property is essential to avoid overpaying or underestimating its worth. MoXi can arrange for professional property appraisals to ensure that you're making a sound investment.

5. Tax Planning: We offer expert guidance on managing the various taxes associated with property transactions in Mexico. Whether it's transfer taxes, capital gains taxes, or reverse capital gains taxes, MoXi ensures that you are well-prepared to handle the financial implications.

Protecting Buyer Interests

Imagine you're a foreign buyer interested in a beautiful beachfront property in Mexico. The property appears to be a fantastic deal, but you're concerned about potential title issues and the lack of title insurance. You decide to partner with MoXi for their expertise.

MoXi conducts a thorough property title search and discovers that the property's title is not properly registered. With this information, you decide to negotiate with the seller to resolve the issue before proceeding with the purchase. MoXi assists in the negotiation process, ensuring that the property title is legally sound. Additionally, MoXi helps you obtain title insurance for added protection.

The result? You successfully purchase the property with confidence, knowing that your investment is secure, and you're protected against potential title-related complications in the future.

Avoiding Unexpected Issues

Imagine you're a seller who has owned a property in a restricted zone in Mexico for several years. You're planning to sell the property and are excited about the prospect. However, you're unaware of the potential capital gains taxes and reverse capital gains taxes that may apply.

You turn to MoXi for guidance. MoXi's experts thoroughly assess your situation and provide you with a clear understanding of the tax implications associated with the sale. With this knowledge, you can plan your sale more strategically and avoid unexpected financial burdens.

MoXi also ensures that all necessary transfer taxes are accounted for in the transaction, reducing the risk of financial surprises during the sale process.

The result? You successfully sell your property, maximize your profits, and avoid unnecessary financial stress.

The Future of purchasing Real Estate in Mexico as a US Citizens

The Mexican real estate market continues to show promise for both local and international buyers. Whether you're seeking a vacation home, an investment property, or a permanent residence, Mexico offers a wide range of opportunities.

As the market evolves, it's essential to stay informed about the latest trends and regulations. MoXi is your dedicated partner in navigating the changing landscape of Mexican real estate. With our deep knowledge of the market and our commitment to ensuring secure transactions, we are poised to assist you in achieving your real estate goals.

The Road Ahead: Your Path to Secure Homeownership

With MoXi as your trusted partner, you can navigate the unique challenges and complexities of the Mexican real estate market with confidence.

We specialize in ensuring secure transactions, protecting your interests, and providing comprehensive support for all your homeownership needs. From property title expertise to tax planning, paperless property tax management to currency exchange assistance, MoXi is your one-stop solution for a seamless and secure real estate transaction in Mexico.

Don't let the intricacies of foreign property transactions deter you from owning your dream home in Mexico. Partner with MoXi, and embark on your journey towards secure homeownership. Contact us today to learn more about our services and how we can make your real estate dreams in Mexico a reality. Secure your future with MoXi.

4 Compelling Reasons to Purchase Property in Mexico Now:

If you’re a US Citizen looking to purchase property in Mexico, this is for you! 

Mexico, with its stunning beaches, rich culture, and inviting atmosphere, has long been a favorite destination for travelers. However, in recent years, it has also become a prime location for real estate investment, particularly for U.S. citizens. In this article, we will delve into the four key reasons why now is an opportune time for U.S. citizens to buy property in Mexico.

Stable Economy

Mexico's economy has been on a consistent growth trajectory in recent years. This economic stability creates a welcoming environment for investors, especially in the real estate sector. The Mexican government has been proactive in implementing reforms aimed at encouraging foreign investments, which further reinforces stability and security for international buyers.

Investing in Mexican real estate now means being part of a dynamic and expanding market. The Mexican government's commitment to reforms that favor foreign investment is a strong indicator of the country's commitment to creating a business-friendly environment. These economic reforms not only enhance the overall investment climate but also ensure a secure and stable market for property buyers

Affordable Prices

One of the most attractive aspects of purchasing property in Mexico is the affordability when compared to popular destinations such as the United States, Canada, or Europe. The relatively lower property prices in Mexico mean that you can stretch your investment further, whether you are looking for a primary residence, a vacation home, or an investment property. In Mexico, you can potentially acquire multiple properties, thereby diversifying your real estate portfolio and building equity over time.

Mexico's affordability in real estate is especially appealing to U.S. citizens who may find that their budget can go much further south of the border. Whether you're interested in beachfront condos, charming colonial homes, or bustling city apartments, you'll discover a wide range of properties that fit your preferences and budget.

Tax Benefits

Mexico offers generous tax incentives to foreign investors who purchase real estate in specific areas of the country. These tax benefits are designed to attract and reward investors and can include:

• Reduced property taxes: In certain regions, you can benefit from lower property taxes, reducing the ongoing cost of property ownership.
• Capital gains tax exemptions: When you decide to sell your Mexican property, you may be exempt from capital gains tax on the profits made from the sale.
• These tax advantages not only make your real estate investment in Mexico financially attractive but also simplify the process of buying and selling property.

Security

Concerns about safety and security often come to mind when considering international real estate investments. However, Mexico boasts a strong government presence in many cities and towns, ensuring the safety of both residents and foreign investors.

When it comes to securing your investment, partnering with reputable real estate companies like MoXi can provide peace of mind. MoXi follows a transaction process that closely resembles what you might expect in the United States. Their commitment to secure financing and transparent processes ensures that your investment is handled with care and professionalism.

Let’s explore your options

Investing in Mexican real estate is an exciting opportunity, and there is no better time to explore this market than now. With a stable economy, affordability, attractive tax benefits, and a high level of security, Mexico presents an unprecedented opportunity for U.S. citizens looking to purchase property in a foreign country.

From the serene beaches to the vibrant cities, and from the financial benefits to the cultural experiences, Mexico offers a diverse and rewarding landscape for real estate investment. If you are considering this exciting opportunity, reach out to MoXi for secure financing options and get pre-approved today.

Taking the step to invest in Mexican real estate will allow you to enter the robust housing market with confidence and without hesitation. Whether you seek a cozy beachfront villa or a thriving urban condo, you can find the perfect property to suit your lifestyle and investment goals. Don't delay any further; the time to become a proud property owner in Mexico is now.

Happy house hunting! Your piece of Mexican paradise awaits.