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25
Nov
Mortgages for land and construction
Posted on Friday 25 de November de 2016

Mortgages for land and construction

If you consider that any house satisfies you, you don´t really find what you are looking for, or you simply want to make a home for yourself, buy a lot and build your dream house, with the help of a mortgage.

Surely you have heard of mortgages, these exist in different modalities one of these is for land, lots or even a mixed construction and land. At Cancun Estate we advise you and we offer you the land that best suits you.

Don´t you have your own land, or enough money to raise it?

Now you can apply for a loan to acquire a lot or land built or mixed land and construction.

There is more and more offer on these types of mortgages. There are official figures drawn from CONAVI that indicate that 6 out of 10 houses in Mexico have been self-built.

With the loans of Infonavit and Fovissste, there is no access to buy land, however there is a loan to build on a land that you already have.

Also we advise you if you do not have the land to do it, you should take this way: use a bank credit to buy the lot and then use your mortgage Infonavit or Fovissste to build, this way you would already have the opportunity to build your house.

Before applying for your credit, it is important that you do your accounts and don´t lose sight that while you build your house you will need to live somewhere or you rent or go with a parent and also consider that you will already be paying the first monthly payments of your credit.

In Cancun are very nice areas where you can buy an urbanized land and build your house. We advise you in Cancun Estate.