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The divorced mother of two sold her Denver home after she could no longer afford the mortgage payments. Then she Immigrants Seek Cross-Border Mortgages to Buy Real Estate in Mexico
This is a list of banks in Mexico, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks". [ 1 ]
The Institute of the National Housing Fund for Workers (Spanish: Instituto del Fondo Nacional de la Vivienda para los Trabajadores; INFONAVIT) is the Mexican federal institute for worker's housing, founded in 1972, and located at Barranca del Muerto 280, in Mexico City. It is the largest mortgage lender in Latin America and the fourth worldwide ...
Canadian Mexicans are Mexican citizens with Canadian ancestry or immigrants from Canada. An important Canadian-descended group is the Plautdietsch -speaking "Russian" Mennonites and their descendants, who emigrated from Canada to Mexico starting in 1922.
Canadian banks also offer fixed-rate mortgages for two-year, three-year, and four-year terms. This means Canadians can never count on having a particular loan interest rate last more than five years.
Mexico's biggest non-bank lenders may need to become licensed banks, analysts said, as they maneuver through growing market turmoil to avoid the fate of three big peers who defaulted in the past year.