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Residential Financing in Latin America
The Mortgage Alliance Program (MAP) is a new division of Stewart Title Latin America, Inc. (STLA), created to provide loan coordination services for United States, Canadian and United Kingdom citizens looking to finance their real estate purchase in Latin America. Our local presence throughout Latin America has enabled us to acquire the needed expertise to successfully close real estate transactions. We are now expanding our services platform to provide the necessary assistance you will need to obtain financing.
Our program has been designed to ensure you a single point of contact through the whole process; from your first contact, to the day the loan closes. Our unmatched local presence and our bilingual and bicultural approach provide a unique bridge allowing us to close your loans with unprecedented speed and clarity. Our participating lender portfolio is unmatched in the region; we will be able to provide you with the best option for your needs.
MAP has closed over 300 financed transactions in Costa Rica, Mexico and the Dominican Republic from 2007-2008, totaling over $150 million in loan amounts.
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- Purchase, Refinance and Cash Out
Whether your are purchasing, refinancing or looking to cash out some of your equity, we will provide you with the best options available.
- Finished Housing, Construction, and Lot Loans
The Mortgage Alliance Program (MAP) focuses on residential financing and includes a variety of products for you to choose from.
- Apply at No Cost
You can apply - for free - to find out which program will likely work best for you. We will reply within 24 hours.
STLA does not have a license granted by the Mexican, Costa Rican or Dominican government and is not subject to supervision by Mexican, Costa Rican or Dominican financial regulators to sell mortgage brokerage services.
The Mortgage Alliance Program (MAP) is not affiliated with Stewart Information Service Corporation, Stewart Title Guaranty Company or any of its subsidiaries and affiliates.
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| Loan Program |
Rate |
APR |
| 30 year |
8.875 |
9.101 |
| 15 year |
6.875 |
7.200 |
| 5 year |
8.250 |
5.723 |
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 Mortgage News Daily
MBS CLOSE: Uneventful End To Uneventful Day - 2 hours ago
Posted To: MBS CommentaryThough MBS were not quite as thinly traded as treasuries (lowest volume since the first trading day of 2010), the picture wasn't much better. At least that which is at risk on low volume days--volatility due to the trading that actually happens comprising a larger portion of the total--was not present. Quite the opposite in fact, as the the same trend that began to emerge early this afternoon remained intact through the close. In MBS, the 101-07 to 101-10 range covered almost everything since 1030 AM. That's a quiet, boring day. I move a lower trendline down to 3.57 on the 10yr yield to show that we're going out today at an even lower yield level than Friday. So don't let the entire day of slightly worse readings fool you... The net effect for both markets was FLAT. And in the...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Housing Needs Job Creation. What Sort of Jobs Though? - 2 hours ago
Posted To: Voice of HousingMr. O’Reilly (December 01, 2009) claims that the “new” root cause of the housing crisis is the (lack of) “jobs, jobs, jobs.” So the solution to the crisis must be (the creation of) “jobs, jobs, jobs.” I agree. But the next question is this: What sort of jobs? Consider a proposal for two, complementary jobs programs. The first is called the “Litter Scattering Brigades.” Workers are paid to strew trash along the nation’s highways. The second jobs program is called the “Litter Gathering Brigades.” Workers are paid to collect the trash strewn on the nation’s highways. The workers of the Scattering Brigade have jobs, and thus can afford a home. The workers of the Gathering Brigade have jobs, and thus can afford a home...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Centralized Lock Desks Serve as a Gate Keeper. Source of Revenue - 3 hours ago
Posted To: The Garrett Watts ReportThis was the half time scene in Miami last night at Super Bowl XLIV... I am sure many watchers were thinking: Why The Who? Maybe some of us in our 60s and 70s need to be “put out to pasture” or start “whittling wood” on the front porch. However, as a boomer, I was inspired to see these guys still rocking and rolling. I enjoyed the music and hope they keep playing. Peter Townsend will go down as one of most brilliant musical writers of all time. That’s enough about The Who and dating myself. Lets’ talk about secondary market and locking loans. One of the areas we review during our FOCIS-plus Studies is whether a company has a centralized lock process. Centralizing the lock function means all lock requests and confirmations are managed by a “gate keeper”...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS AFTERNOON: Narrow And Stable Heading Into The Close - 4 hours ago
Posted To: MBS CommentaryThe market is duller than a Colts victory parade at the moment. We're dealing with a fairly standard issue "calm before the storm" that we often see on a data-limited Monday when the rest of the week contains the more significant events. The supportive trends we began to note in the last post have continued to foster a narrow range of prices with almost perfectly flat directional movement. In other words, the simple existence of a "narrow range" doesn't always mean prices aren't moving. We can see narrow ranges while still moving DIRECTIONALLY. For instance, even on a 16 tick rally, if the subsequent highs and lows are only a tick or two higher than their previous marks, the line on the chart would be fairly smooth yet still be very much higher at the end of...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS LUNCH: Well Off Friday's Highs, But Holding Ground - 5 hours ago
Posted To: MBS CommentaryAs AQ pointed out this morning, today's slightly downward trend in MBS price began in the final hours of Friday's trading. Both MBS and Treasuries put in their best marks of the day just before 2pm, and have moved steadily downward ever since. You may notice, however, that both markets appear to be losing that negative steam near current levels. For Treasuries, that looks to be around 3.60 and for MBS, around 101-08. At the moment, the Fannie 4.5 is a tick higher than that at 101-09, but is still 5 ticks lower from Friday's closing prices. All that being said, the more important trends to watch pertain to the generally supportive range for MBS that emerged even before Friday's boomy rally. AQ pointed this out as well, and it remains pertinent at the moment. You can see on Thursday...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. |
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