Residential, Commercial, & Development Finance for the U.S. and Mexico

The closing costs for a purchase in Mexico will be higher than what you would expect to pay in the United States. While your loan related fees will not be substantially different than what you’re accustomed to, the other fees you will be required to pay, including transfer taxes, value assessment, legal fees, etc., can be a bit of a shock. A good rule of thumb is to expect about $7000 in fixed fees plus 3% of the purchase price for government fees and taxes. The amount will vary somewhat depending on the location and your closing agent. Knowledge is power, and we believe you should be armed with all the information you can get. Of course, when you apply for a loan, we will give you a full written disclosure (just like in the US) that will list all of the fees for your specific transaction. Below is a general estimate of what you should expect to pay for the various items that will appear on your closing statement. If you would like a private consultation, please contact us.