YOUR DREAM HOME IN MEXICO

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YOUR DREAM HOME IN MEXICO
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BBVA GROUP

• BBVA is a multinational financial services group
  based on people 91,000 employees, 35 million
  customers and over 1 million shareholders in 32
  countries.
• The groups overall goal is to use its strengths
  to establish lasting relationships with
  increasingly satisfied customers worldwide.
• BBVA has its eyes on the future. It has become a
  veritable point of reference in international
  circles as a highly-regarded, award-winning bank.
  BBVA, adelante. 

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History of the Laredo National Bank
The Laredo National Bank has served the personal
and business banking needs of Laredos
bi-national community since 1892. It has become
one of the strongest Financial Institutions not
only along the border but also throughout the
state of Texas. Since the first quarter of the
present year, LNB is part of BBVA USA.
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Who is BBVA Bancomer

• The leader Financial Group in México, and the
  biggest in Latin America. 1,687 branches in
  Mexico.
• Is a company specialized in lending for house
  aquisition in México, that has 30 of market
  share in México
• In 2005 Bancomer México was the lender of 50,000
  mortgage loans in México.

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What is Your dream home in México A Mortgage
loan provided by the Laredo National Bank
alongside BBVA Bancomer México, to attend the
growing market of North Americans seeking to
purchase a home in resort areas of México.
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Loan Characteristics

• Dollar denominated
• Minimum Loan Amount 100,000usd
• Minimum Down Payment 30
• Fixed interest rate
• 15, 20 and 25 Year Terms available
• No Prepayment Penalty

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Loan Requirements

• Minimum Credit Score 65O
• Minimum 18 Years of Age
• LNB Checking Account
• LNB Auto Debit
• Hazard Insurance Coverage
• Escrow Account
• -Hazard Insurance
• -Trust Fee

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Required Documentation

• ? Signed application
• Picture I.D.
• 2 Years Signed Tax Returns with all schedules
  and W2 forms
• ? Most recent paystubs for a 30 day period
• ? 2 months of most recent bank statements
• (for all accounts listed on application)

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Dólares americanos
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The Fideicomiso
The Mexican laws permit foreigners to acquire the
rights to use, and enjoy real estate located in
the coastal and border areas of Mexico through a
trust contract. The trust ( fideicomiso) is the
only legal instrument and the most advantageous
available. Foreigners can acquire a home in
Mexico having the same rights and obligations
that a full ownership property gives.