Mortgage Broker (Lending in Mexico)

[Anthony B.]

Hello BP! Has anyone recently gotten a mortgage for a property in Mexico? I would love to hear about the details!

I am currently looking at properties in the Yucatan (Playa del Carmen, Tulum) and have come across Cross Border Investments (run by Josh Rappaport) who acts like a mortgage broker for Mexican banks. Has anyone dealt with him or his company or have any other suggestions on how to obtain financing (during purchase or after as a cash-out refi)?

[Mike Lambert]

@Anthony B. I have bought a condo in Playa del Carmen using some cheaper developer financing for half the price. I'm looking at buying other properties in either Playa or Tulum. I have been in contact with Josh but the problem is that mortgages in Mexico are extremely expensive!