The only escrow account with a bank guarantee.

Cabo, all Baja, Mayan Riviera & Riviera Nayarit

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Paradise Loan

A couple of things you might want to know about our PARADISE Loan:

  • Currency: US Dollar.
  • Nationality: USA or Canadian citizens.
  • Immigration status: temporary, permanent or no residency.
  • Minimum property value: $250,000.00 USD.
  • Loan-to-value: up to 65% of the appraisal value (risk adjusted).
  • Loan length: 1 to 25 years (risk adjusted).
  • Fixed rate: defined according to credit profile and market conditions.
  • Fees: underwriting , closing and origination.
  • Benefits: no prepayment penalty, interest is calculated on the unpaid balance, a One-stop banking experience.

Subject to change according to market conditions*

Individuals

(temporary/permanent residence)

  • ID
  • Migratory document
  • Document containing the CURP (it won´t be necessary if the CURP is in the migratory document)
  • Document containing the RFC
  • Document containing FIEL (e.firma) just in case of empresarial activity
  • Proof of address (not older than three months)
  • KYC form
  • Profiling Questionnare
  • Substitute beneficiary ID
  • Marital Document (just in case of being married under marital partnership)

Individuals/Tourists

  • ID
  • Migratory document.
  • Proof of address (not older than three months)
  • KYC form
  • Profiling form
  • Substitute beneficiary ID
  • Marital Document (just in case of being married under marital partnership)

Legal Entity

  • Certificated of Incorporation Document (with apostille and translated)
  • By-laws and their amendments (with apostille and translated)
  • Tax Id document (with apostille and translated)
  • Proof of address (not older than three months)
  • Power of attorney granted by a public notary and apostille and translated, if applicable
  • Identification of legal representative
  • KYC form
  • FATCA form
  • Profiling form

Documents & Information

Documents and information must be provided for individuals holding an equivalent or greater than 25% of the capital stock.

In case any of the shareholders holds an equivalent or greater than 25% of the shares or in case one of them it's an entity, it will be necessary to give an Actual Owner Letter (identifying the person or persons that have the control of the entity and breaking down shareholding until reaching individuals) accompanied the following documents:

  • ID
  • Migratory document
  • Document containing the CURP (it will not be necessary if the CURP is in the migratory document)
  • Document containing the RFC
  • Proof of address (not older than three months)