Released on = January 13, 2006, 6:37 pm

Press Release Author = Briant Patterson

Industry = Real Estate

Press Release Summary = Los Cabos Loans.com announces successful funding of
mortgages to Americans
buying homes in Mexico. Home loan financing in Mexico is in its infancy.


Press Release Body = Los Cabos Loans.com announces successful funding of mortgages
to Americans
buying homes in Mexico. Home loan financing in Mexico is in its infancy.

Recently, Los Cabos Loans.com has successfully closed mortgages for
Americans buying homes in Los Cabos, Puerto Vallarta and expects to be
closing many more throughout Mexico in the coming weeks. Los Cabos
Loans.com is one of the few US mortgage companies that has been able to fund and
close affordable loans for Americans buying homes throughout the resort areas of
Mexico.

Reliable mortgage financing for Americans buying homes in Mexico is a
landmark event. In the coming months and years this new development will
have a significant impact on Mexico\'s booming resort area real estate
market. In the past, Americans purchasing homes and condos in Mexico were
required to pay all cash unless they were able to obtain seller financing.
With the availability of US title insurance, as well as changes in Mexican
law regarding foreclosure procedures, major US lenders have entered this
burgeoning market. Los Cabos Loans.com represents institutional lenders as
well as private lenders. Areas currently served are Los Cabos, Puerto
Vallarta, Rocky Point, Baja Norte (Rosarito, Ensenada, and San Felipe) Loreto,
Mazatlan, and San Miguel de Allende. Refinancing of existing mortgages and
construction loans is also available.

"I always wanted to purchase a second home in Los Cabos but was
discouraged by the fact that I had to pay all cash. My realtor told me
about Los Cabos Loans.com so I decided to give them a try. They were able
to obtain a loan for me and help guide me through the closing
procedure. Without them I never would have been able to purchase the
home. The level of personal service was superb, they really went the extra mile to
see this loan close\"
said Terri Stevens, new Los Cabos homeowner.

A sample purchase program:
Four year fixed rate with 20 year amortizing loan. Full income
documentation only. The program offered has an adjustable rate feature,
where the initial interest rate and payment amount can change
semi-annually after an initial 7.99% fixed rate for a period of 4 years. Other
requirements and conditions may apply. Full terms and conditions can be
viewed at www.loscabosloans.com and www.costaazulloans.com.

\"US mortgages in Mexico will open up the ownership possibility for a whole
new set of buyers interested in purchasing second or retirement homes in
Mexico. In the past, if a buyer wanted to purchase a home in Mexico they
generally had to pay cash. Los Cabos Loans.com can assist qualified buyers
in obtaining affordable financing,\" said Mary Patterson, President of Los
Cabos Loans.com. \"This new demand and the ability to satisfy it with reliable US
financing will undoubtedly have a profound effect on the Mexican resort area real
estate market.\"

Los Cabos Loans.com employs originators in Los Cabos and Puerto Vallarta
and is currently seeking other qualified originators throughout the resort
areas of Mexico. Additionally, Los Cabos Loans.com seeks to represent other
qualified institutional and private lenders interested in lending in Mexico.


About Los Cabos Loans.com:
Los Cabos Loans.com and Costa Azul Loans.com are affiliated with a
licensed mortgage broker. Mission Viejo, CA. based Los Cabos Loans.com and Costa
Azul Loans.com represents institutional and private lenders. Mary Patterson is a
licensed loan officer and has extensive knowledge of the Mexican real
estate market. She may be contacted at (949) 425-1002 or loscabosloans@cox.net.



Web Site = http://www.loscabosloans.com

Contact Details = Contact:
Briant Patterson, Director of Public Relations
Los Cabos Loans.com
(949) 425-1002
http://www.loscabosloans.com
http://www.costaazulloans.com