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Financing options in Baja California Sur from The Nick Fong PODCAST

Today, let’s talk about your amazing financing options to buy your new home in Cabo and Baja California Sur.  Then, let’s discuss lower interest rates and the name change of Global Mortgage.  Therefore, in today’s episode of The Nick Fong PODCAST, Nick speaks with Alex Koper, the president of Global Mortgage, now called Moxi – a Global Mortgage Company.

Nick Fong is the broker and founder of Ronival Real Estate, which operates all throughout Baja California Sur.  You’ll find his offices in Cabo San Lucas, San Jose del Cabo, Loreto, La Paz, Todos Santos, just to name a few.

Today, Alex Koper provides some great updates and amazing news to finance your new home in Mexico.  As such, read on to learn even more about financing options for your new home in Mexico, especially in Baja California Sur.

About Global Mortgage – now called Moxi – a Global Mortgage Company

As Global Mortgage operates in US Dollars for their mortgages and mortgages are serviced in US Dollars, they have their headquarters in Los Cabos.  Also, Global Mortgage has offices in Texas, California, and Illinois.  To elaborate, it is exciting to see such great mortgage options stationed in Los Cabos, which is one of the best vacation destinations in the world.

Global Mortgage is officially announcing their re-brand soon.  As such, it’s now called Moxi – a Global Mortgage Company.  And as Alex Koper explains in the video, they are taking all of the best parts of Global Mortgage and wrapping them into a new package called Moxi.  This is an “evolution” that will serve clients even better than before.

Refinancing and receiving liquidity from your Los Cabos home equity offers many solutions to home owners there.  You may be intrigued by this option in Los Cabos due to the high rental property income potential there.

During these times of uncertainty due to COVID-19, there are new reasons to refinance in Los Cabos.  That means, the equity in your home in Los Cabos now serves as a financial resource when other funds have been lost during this economic slow-down.

Brief history of Global Mortgage in Baja California Sur

Having been in Los Cabos since 2018, Global Mortgage is well respected there.  Global Mortgage has really hit their stride since 2019.  As such, they decided to operate there since good finance options in Mexico for foreigners simply didn’t exist.  They are there to provide Americans and Canadians great options for refinancing throughout Mexico.

2021 was a great year for Global Mortgage

According to Alex Koper, 2021 was a great year all throughout Mexico for Global Mortgage.  As he says in the video, “the market was on fire for Global Mortgage!”

Regarding the real estate business in Baja California Sur, and how it affects Global Mortgage, Alex tells Nick that he sees great increases in rental property values in general.  To explain, rentals are up across the board.  This includes resort occupancy and rental houses throughout the area.  That means, purchasing real estate in Baja Sur makes great business sense – the ROI is amazing and going up regularly.

As 2021 was a great year for the real estate market in Baja California Sur, it was also a great year all throughout Mexico for real estate lending.  To be specific, Alex says the the year-over-year increase was 400% or quadrupled as compared to that of 2020, the previous year.

In addition the 2021 being a great year, it was also a transformative year for Global Mortgage.  As Alex explains, the company went through changes to better serve their clients and their communities.

Listen to the full episode on Spotify

or Apple PODCAST

Baja California Sur real estate

Many Americans, Canadians, and people from other countries choose to make Los Cabos and other magical towns in Baja California Sur, Mexico, their home or vacation home.  Discover how to purchase your dream home in Baja.  Make an appointment with the top Real Estate Broker in Baja: Nick Fong, featured on HGTV’s Beachfront Bargain Hunt.

Since 2010, Ronival has been helping clients find the best homes in Cabo and throughout Baja California Sur. And, they’re highly-skilled negotiators that’ll get you the best price. Whether you plan to buy a property or quickly sell your Baja real estate, they’ve got you covered!

If you’d like to take a tour of a property in Cabo or anywhere else in Baja California Sur, just click CONTACT to inquire.  Or, call directly at 619-831-2000.  Ronival will be happy to answer your questions.  You can also schedule a time to show you around this breathtaking location.

Ronival on YouTube

See Nick Fong in action on his Ronival YouTube Channel.  Find his videos on the Rovival VLOG, where you can read a short, yet in-depth post.  Below is an example of one of Nick Fong’s Ronival videos:

Thank you for reading Financing options in Baja California Sur from The Nick Fong PODCAST.  Be sure to read other posts about Cabo and Baja California Sur on the Ronival blog. There, learn about the many wonderful aspects of Baja California Sur, Mexico, from blog posts like this.

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