Los Cabos Condos with Seller Financing

Seller Financing in Los Cabos

Purchasing property in Cabo is typically an all-cash investment. Some savvy Seller’s, in order to appeal to a wider audience, are offering financing options to qualified buyers. The funding offered is as varied as the properties. 

Typically, seller financing is designed to operate more like a short-term bridge loan. Although the details may change slightly seller financing terms usually have the following attributes:

Term of loan:                 3 years

Down Payment:            50% of the purchase price

Interest Rate:                 7+%

Amortized Period:        20 years

Payments:                      Equal installments

Final Payment:              Balloon payment of the balance at the end of term

If you are interested in a more conventional mortgage, you may have to consider developer financing on new construction or a cross-border mortgage company.  Visit our Home Financing page to learn more. 

Take a look at the condos below. If you see one you like, drop us a line. We can fill you in on the terms and conditions the seller is offering.