On December 12, 2005, Conficasa closed its first
"cross-border" mortgage loan of Premier One, a U.S.-denominated loan
program that enables foreigners to purchase housing in Mexico.
This program was created to satisfy the new surge in the demand for housing by babyboomers, a group approaching retirement age, numbering around 45 million people according to statistics, who are seeking an attractive option for dwelling during their upcoming retirement. Conficasa is offering them the best choice: it enables them to purchase property in Mexico and pay off the loan under the traditional U.S. mortgage system.
"This program will bring major development to Mexico in the real estate field, as well as in the construction and financial areas, promoting growth on the city, state and federal levels by generating jobs, long-term foreign investment and federal tax revenues on the related services," stated Eduardo Perez, CEO of Conficasa.
Conficasa is a U.S. real estate and mortgage company founded in 1998. It pioneered cross-border loans by creating the RAICES program with the Mexican private and public sectors that provided mortgages to Mexicans resident abroad for buying housing in Mexico.
Conficasa's wide range of financing programs provides a real and affordable opportunity for anyone in Mexico, the United States and Canada to obtain a loan to purchase property in Mexican national territory. For further information, log onto www.conficasa.com.
This program was created to satisfy the new surge in the demand for housing by babyboomers, a group approaching retirement age, numbering around 45 million people according to statistics, who are seeking an attractive option for dwelling during their upcoming retirement. Conficasa is offering them the best choice: it enables them to purchase property in Mexico and pay off the loan under the traditional U.S. mortgage system.
"This program will bring major development to Mexico in the real estate field, as well as in the construction and financial areas, promoting growth on the city, state and federal levels by generating jobs, long-term foreign investment and federal tax revenues on the related services," stated Eduardo Perez, CEO of Conficasa.
Conficasa is a U.S. real estate and mortgage company founded in 1998. It pioneered cross-border loans by creating the RAICES program with the Mexican private and public sectors that provided mortgages to Mexicans resident abroad for buying housing in Mexico.
Conficasa's wide range of financing programs provides a real and affordable opportunity for anyone in Mexico, the United States and Canada to obtain a loan to purchase property in Mexican national territory. For further information, log onto www.conficasa.com.