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National Mortgage Professional
May 15, 2006

Silvergate Bank expands Mexico Lending Division financing optionsMortgagePress.comMexico mortgage lending, Silvergate Bank, financing options Silvergate Bank has expanded the financing options offered by its Mexico Lending Division by removing its 50 percent financing guidelines on purchases and refinances and replacing them with guidelines of up to 70 percent on property values, as well as loan amounts of up to $2 million. The new guidelines are based on two-, three- and five-year fixed terms, with a 30-year amortization option. Financing is primarily based upon borrowers' fiscal strength and creditworthiness in the United States. Silvergate Bank is a savings-and-loan institution based in La Jolla, Calif. For more information, call (858) 362-6300 or visit www.silvergatebank.com.
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