![US Mortgages for Mexicans: Programs & Qualification [2025]](https://homeabroadinc.com/wp-content/uploads/2025/01/MexicaninUS-500x325.jpg)
Key Takeaways:
➡️ Mexican nationals can secure US mortgages without a US credit history.
➡️ Whether aiming for an investment property or a primary residence, there are tailored mortgage solutions to meet your specific needs.
➡️ HomeAbroad Loans offers personalized support to help Mexican citizens achieve their US real estate goals seamlessly.
“When opportunity presents itself, grab it. Hold on tight and don’t let go.” – Celia Cruz
For many Mexican citizens, the opportunity to own property in the US feels like a distant dream—but with the right mortgage, it’s completely within reach.
Whether it’s a cozy family home, a dreamy vacation retreat, or a smart rental investment, a US mortgage can open doors to possibilities you never imagined.
Now, you might be thinking, “Is this even possible without a US credit score?”
Absolutely! Take Ana, for example, a Mexican entrepreneur who dreamt of owning a vacation home in Florida. With the right guidance and tailored mortgage solutions, Ana turned her dream into reality.
This guide will show you how you can do the same.
Table of Contents
Can Mexicans Get a Mortgage in the US?
Yes, Mexican citizens can absolutely get a mortgage in the US without a US credit history, whether for a primary residence, a vacation home, or an investment property.
For our client Ana, the journey started with understanding her options. Despite not having a US credit score, HomeAbroad Loans helped her use alternative documentation, such as her Mexican tax returns and bank statements, to get pre-qualified.
This prequalification step set her on the right path, allowing her to plan her budget and focus on her dream property.
If Ana can do it, so can you. With HomeAbroad Loans guiding you, securing a US mortgage is not only possible but also straightforward.
While securing a US mortgage is possible for Mexican citizens, it’s important to understand how the process differs from obtaining a mortgage in Mexico. These differences can impact your financial planning and help you make better decisions.
What Is the Difference Between Getting a Mortgage in the US vs. Mexico?
If you’ve purchased property in Mexico before, you may notice key differences when securing a mortgage in the US. Here’s a comparison to help you understand:
| Aspect | US Mortgage | Mexican Mortgage |
|---|---|---|
| Down Payment | Foreign nationals are required to make a down payment of 25% of the property’s purchase price. | In Mexico, it’s common to make a down payment as high as 50% and finance the rest with a bank loan. |
| Loan Terms | The loan repayment period in the US can span from 15 – 30 years. | In Mexico, the average mortgage repayment period is much shorter—it typically lasts 10 years. |
| Amortization | In the US, there are options for a principal and interest loan and an interest-only loan. | In Mexico, mortgages are ‘fully amortizing,’ which means every payment covers both the principal amount and the interest incurred. |
| Credit History | US Credit History not required. | To qualify for a bank loan in Mexico, you need a good credit history and must earn at least three times the monthly loan payment. |
| Ownership | In the US, you own the property once the closing costs are covered and the documents are signed. | In Mexico, the bank owns the property until the loan is fully paid off. |
Understanding the distinctions between securing a mortgage in the US and Mexico is crucial for Mexican citizens considering property investments across borders.
Foreign National Mortgage Options Available for Mexican Citizens
Mexican citizens have access to a variety of mortgage options in the US, tailored to their specific needs.
These include options for both investment properties and primary residences, each designed to meet different financial goals.
1. Investment Property Mortgages
For those planning to buy properties as investments, common options include:
✅ DSCR Loans: Focused on the property’s rental income instead of personal income.
✅ Bridge Loans: Ideal for short-term financing needs.
✅ Fix-and-Flip Loans: Designed for renovating and selling properties for profit.
✅ Full Documentation Loans: Traditional loans requiring complete financial records.
Our client Ana, for example, considered a DSCR loan to maximize rental income from her Florida property. However, since she also planned to use it as a vacation home, she ultimately opted for a different option.
2. Primary Residence Mortgages
If you’re buying a home to live in, a full documentation mortgage is the most common option. These loans require proof of income and assets but offer stability and long-term affordability for your new home.
If you need more information on the foreign national mortgage options available to Mexican citizens, please check out our Foreign National Mortgage guide.
Case Study: How Ana Turned a Vacation Home into a Profitable Asset
Background
Ana, a successful entrepreneur from Mexico, dreamed of owning a vacation home in Florida—a place where she could relax with her family while also generating rental income.
Challenges
⚠️ No US credit history.
⚠️ Lack of familiarity with the US mortgage process.
⚠️ Balancing personal use and rental income for the property.
Solution
Ana connected with HomeAbroad Loans, which specializes in helping foreign nationals like her. By leveraging her financial records from Mexico, including tax returns and bank statements, Ana was prequalified for a mortgage.
After discussing her goals, she chose a full documentation mortgage, which aligned with her plans to use the property as both a vacation home and an investment.
Financial Details
➡️ Property Value: $400,000.
➡️ Down Payment: $100,000 (25%).
➡️ Loan Amount: $300,000.
➡️ Interest Rate: 6.5%.
➡️ Monthly Mortgage Payment: ~$1,900 (including principal and interest).
➡️ Closing Costs: $12,000.
Investment Outcome
Ana rented out the property for an average of 120 nights per year at $200 per night, generating $24,000 in annual rental income. After deducting $10,000 in operating expenses, her net rental income was $14,000 per year.
Benefits
✅ Reduced Mortgage Cost: Her rental income offset over 60% of her annual mortgage payments.
✅ Equity Growth: With a 3% annual appreciation rate, her property value increased by $12,000 in the first year, adding to her equity.
✅ Dual Purpose: Ana enjoyed personal use of the home while benefiting from its income potential.
Ana’s case shows that Mexican citizens can successfully navigate the US mortgage system with the right guidance and planning. By working with HomeAbroad Loans, Ana not only secured her dream property but also turned it into a profitable investment.
Find a Top Real Estate Near you
Begin your journey toward your dream property with the most trusted brand in US.
Excellent
Ready to take the next steps? Let’s check out the documents you would need to keep in handy.
Documents Required for a US Mortgage
To secure a mortgage as a Mexican citizen, having the right documents ready is essential.
Here’s a general list of what we typically require:
- Identification: Valid passport and visa.
- Proof of Income: Mexican tax returns, employment letters, or pay stubs.
- Bank Statements: Recent statements from Mexican or international banks.
- Credit Verification: Alternative documents to demonstrate financial reliability, such as utility bills or rental payment history.
- Property Purchase Agreement: A signed agreement for the property you’re buying.
Ana’s journey involved gathering her Mexican tax returns and submitting her bank statements to demonstrate her financial reliability. This step helped us at HomeAbroad assess her eligibility without requiring a US credit score.
For a detailed breakdown of document requirements and how to prepare them, visit our complete guide to foreign national mortgage documentation.
Easy Steps to Apply for a US Mortgage as a Mexican
Securing a US mortgage as a Mexican citizen involves a straightforward process when you have the right guidance. Here’s a brief overview of the steps:
- Prequalification: Assess your eligibility and explore available loan options.
- Document Submission: Provide essential documents like proof of income, bank statements, and identification.
- Preapproval: Receive confirmation of the amount you qualify for, giving you a clear budget for your property search.
- Property Selection: Work with a real estate agent to find the right property for your goals.
- Loan Approval: Finalize your mortgage application and secure the loan.
- Closing: Complete the purchase by signing documents, covering closing costs, and receiving the keys to your property.
For a detailed, step-by-step explanation of each stage, visit our Foreign National Mortgage Guide.
Conclusion
Owning property in the US is no longer just a dream for Mexican citizens—it’s a real, achievable goal with the right mortgage options.
Whether you’re looking for a primary residence, vacation home, or smart investment property, tailored solutions, and expert guidance from HomeAbroad Loans can help you every step of the way.
Ana’s story shows that with proper planning and the right support, you can not only secure a US mortgage but also turn your property into a profitable asset. From flexible financing options to manageable loan terms, the US real estate market offers endless opportunities for Mexican buyers.
Ready to start your journey?
Find a Top Real Estate Near you
Begin your journey toward your dream property with the most trusted brand in US.
Excellent
FAQs
1. Can I get a US mortgage if I don’t have a US credit score?
Yes, you can! At HomeAbroad, we accept alternative credit verification methods such as Mexican tax returns, bank statements, and proof of financial stability.
2. What is the minimum down payment required for Mexican citizens?
Foreign nationals, including Mexican citizens, typically need to make a down payment of 25% of the property’s purchase price.
3. Do I need a US bank account to qualify for a mortgage?
While it’s not mandatory to have a US bank account, having one can simplify the mortgage process and payments.
4. Are there restrictions on the type of property I can purchase as a foreign national?
No, Mexican citizens can purchase any type of property in the US, including single-family homes, condominiums, and investment properties.
5. How long does it take to secure a US mortgage?
At HomeAbroad, we ensure that your foreign national mortgage gets processed within 30 days.
How Does HomeAbroad Help?
"Democratizing US real estate for the world with our tailored offerings."
US Newcomer Mortgage
Foreign Investor Mortgage 
DSCR Loan
Real Estate Agent 
