Can You Get a Mortgage in Mexico as a Foreigner? A Practical Guide for Buyers from Canada & the U.S.
Disclaimer: The information provided in this article reflects mortgage rates, terms, and fees available as of October 24, 2025. These details are subject to change without prior notice. For the most up-to-date information, please contact Mexico Mortgage Hub directly.
Yes!
You can get a mortgage in Mexico even if you live in Canada or the United States.
Whether you’re buying a vacation home, an investment property to rent, or a retirement base, Mexican lenders and specialized mortgage brokers now offer solutions designed for international buyers.
This guide walks you through who qualifies, what products are available, the typical step-by-step process, risks to watch, and how to start the mortgage process today.
If you prefer to speak with an expert, Mexico Mortgage Hub connects international buyers with bilingual brokers and allows you to book consultations online, including appointments with the company’s leadership based in Cancún:
Who can get a mortgage in Mexico?
Foreign nationals living in Canada or the U.S. (including U.S./Canadian citizens and non-residents) can buy real estate in Mexico and access mortgage products.
You do not always need Mexican residency to qualify: some lenders and mortgage brokers that specialize in international buyers know how to evaluate foreign income, credit profiles, and identification documents.
Mexico Mortgage Hub was created specifically to answer the growing need from buyers in Canada and the U.S. (and from Mexicans who are living in those countries) for mortgage solutions that make investing in Mexico feasible and straightforward.
Typical qualifying documents and proof often requested:
Passport and government ID.
Proof of income (pay stubs, employment letter, tax returns).
Recent bank statements and proof of assets.
Credit history from your home country (some lenders can accommodate limited Mexican credit history).
Down payment (the required amount varies by product and borrower profile).
Working with a mortgage broker who regularly handles cross-border cases simplifies the process and improves approval odds.
About Mexico Mortgage Hub & Creditaria Financial Group
Mexico Mortgage Hub was created to respond to a clear demand: buyers based in Canada and the United States (including Mexicans living abroad) needed reliable, bilingual financing options to invest in Mexican real estate.
The company builds a bridge between international buyers and Mexican lenders, offering guidance, product comparison, and access to brokers experienced in handling foreign documentation and requirements.
Like Homes in Mexico, Mexico Mortgage Hub is part of Creditaria Financial Group — a financial services group with presence in Mexico, Canada, Chile, Brazil, Colombia, Portugal, and Spain.
Mexico Mortgage Hub works closely with Homes in Mexico in events and outreach. The company joined Homes in Mexico at the recent Real Estate Fair in Vancouver:
Looking for a mortgage in Mexico as a foreigner? Here are your options.
International buyers can choose from several mortgage structures — from conventional peso mortgages to brokered packages that include insurance or special terms for non-residents.
Mexico Mortgage Hub offers:
If you’re a foreigner with legal residency in Mexico, this loan offers a simple and secure path to homeownership, with quick pre-qualification and fixed monthly payments in pesos.
Enjoy the stability of a long-term mortgage (10–30 years), life and property insurance included, and flexible co-borrower options.
💡 Ideal if you already live or plan to live in Mexico and want peace of mind through a trusted local financial institution.
This program is designed for foreigners — even those without Mexican residency — who want flexibility and security without needing a credit score or local income proof.
It includes the industry’s most comprehensive insurance package and no prepayment penalties.
💡Perfect for buyers seeking a transparent, low-hassle financing solution to purchase property in Mexico from abroad.
Guaranteed Mortgage – Premiere Plan
A flexible plan that allows buyers to split their down payment over time (up to 36 months) while keeping predictable monthly installments.
💡Ideal for those who want to start the process with a smaller initial investment and still secure their property confidently.
Guaranteed Mortgage – Unique Plan
A straightforward option for buyers who prefer to make a larger upfront payment and complete the purchase faster.
💡With guaranteed disbursement and no credit requirements, it’s a solid choice for decisive investors ready to move forward quickly.
Tailored for buyers with a solid credit history in their home country, this plan offers a 9-year fixed-term loan in pesos with predictable monthly payments.
💡It’s a great fit for those who value structure, stability, and speed, with disbursement in as little as 30 days.
A mortgage denominated and serviced in U.S. dollars, usually arranged through Mexican lenders offering USD-denominated products or through international/brokered solutions that accept USD payments.
ℹ️ Note:
This is not the same as using a U.S. home as collateral (a second mortgage, HELOC or cash-out refinance).
In practice, U.S. banks very rarely make mortgage loans secured on properties located outside the U.S.; buyers who wish to keep payments in USD typically use brokered/international solutions or local Mexican products that permit USD servicing.
A solution for Canadians who want to use the equity in a Canadian property to finance a purchase in Mexico.
This typically involves a HELOC, home-equity loan, or a cash-out refinance on the Canadian property (i.e., the Canadian home remains the collateral) and the funds released in CAD are then used to buy the Mexican property.
Buyers should confirm LTV limits, fees, and the implications of adding debt against their principal residence before proceeding.
Products, terms, LTV limits and tax implications vary by lender, borrower profile and country. Consult a licensed mortgage advisor or your bank to confirm exact product details and risks before proceeding.
Which mortgage is right for you ?
Choosing the right mortgage depends on your personal profile, residency status, and financial goals.
Mexico Mortgage Hub offers several tailored options to make property ownership in Mexico accessible to international buyers.
Here’s a quick guide to help you decide:
Conventional Mortgage for Foreign Residents – Best for foreigners who already have legal residency in Mexico and want a traditional mortgage structure with fixed monthly payments in pesos, provided by Mexican banks or regulated lenders.
Secured Mortgage for International Buyers – Ideal for buyers without Mexican residency or local credit history. These brokered/secured plans are often structured to guarantee disbursement and are secured against the Mexican property.
Platinum Mortgage for International Buyers – For buyers with a strong credit profile in their home country who prefer shorter terms and fixed payments in pesos; typically faster processing and tailored underwriting.
U.S. Dollar Mortgage – For U.S. citizens or residents who want financing and payments in USD. These products are usually arranged via brokered or international-bank solutions or Mexican lenders that allow USD servicing. They are not the same as a second mortgage/HELOC taken against a U.S. home.
Canadian Mortgage – For Canadians who want to tap their Canadian home equity (HELOC, home-equity loan, or cash-out refinance) and use those funds to buy property in Mexico. This strategy uses the Canadian property as collateral (a second mortgage/equity withdrawal) rather than a Mexican mortgage secured on a Mexican property.
Each loan type offers unique advantages and flexible terms to fit different buyer profiles. Whether you’re planning to retire, invest, or relocate to Mexico, Mexico Mortgage Hub provides expert guidance and bilingual support every step of the way.
💬 Schedule a consultation with Benjamin Monroy
Schedule a consultation with Benjamin Monroy, CEO of Mexico Mortgage Hub and Homes in Mexico, to explore your best financing options. Appointments are available online.
Schedule your call at your earliest convenience! Just click at the button below 👇🏻
FAQ
Q1: Do I need Mexican residency to apply?
Not necessarily. Some programs accept non-residents.
Q2: How much can I borrow?
That depends on income, property, and product. Some products can offer high LTVs (up to ~85%) for qualified buyers.
Q3: Can I pay in USD or CAD?
Most mortgages are in MXN; brokered solutions can discuss dollar-linked options and associated risks.
Q4: How long does the process take?
Typically 4–10 weeks from application to closing.
Q5: Who should I contact?
Start with a broker listed on Mexico Mortgage Hub or a Homes in Mexico agent; consultations are easily available in online.
Sources
Mexico Mortgage Hub – Specialist in mortgage solutions for foreign buyers in Mexico.
https://mexicomortgagehub.comGovernment of Canada – Financial Consumer Agency: “Home Equity Lines of Credit (HELOCs)”
https://www.canada.ca/en/financial-consumer-agency/services/mortgages/home-equity-lines.htmlConsumer Financial Protection Bureau (U.S.): “What is a home equity loan?”
https://www.consumerfinance.gov/ask-cfpb/what-is-a-home-equity-loan-en-105/Investopedia: “HELOC vs. Home Equity Loan vs. Cash-Out Refinance”
https://www.investopedia.com/articles/personal-finance/011315/heloc-vs-home-equity-loan.aspHSBC Expat: “Buying property abroad: what you need to know”
https://www.expat.hsbc.com/property/mortgage-abroad/
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