Financing your home is a big decision, and choosing the right mortgage option is crucial. Here’s a breakdown of the three main types of home financing in Mexico:
1. Infonavit
- Best for salaried employees who contribute to Infonavit.
- Offers accessible interest rates and flexible terms.
- Can be combined with a bank loan for a higher loan amount.
2. Fovissste
- Designed for government employees.
- Requires meeting specific eligibility criteria.
- Competitive rates and benefits for public sector workers.
3. Bank Loan
- Available to both salaried and self-employed individuals.
- Offers different loan amounts and interest rates based on credit history.
- Often requires a down payment but provides flexibility.
Which One is Right for You?
The best mortgage option depends on your employment status, income, and long-term financial goals. At Viviendas Elite, we can help you compare options and find the best financing solution for your dream home. Contact us today!
