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Scotiabank Mexico Partners with Lamudi and Morgana to Revolutionize Real Estate Acquisition

With the alliance of Scotiabank, Lamudi and Morgana, it intends to revolutionize the acquisition of real estate in Mexico. During this 2023, the bank seeks to exceed 50,000 million pesos in mortgage credit.


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As of June 2023, commercial banks in Mexico have granted 283,911 million pesos (mdp) for mortgage loans, and it is expected that by the end of the year this figure will increase considerably, according to figures from the National Banking and Securities Commission (CNBV).

In this context and in line with its vision of digital transformation, Scotiabank MexicoLamudi and Morgana create a strategic alliance to revolutionize the acquisition of real estate in Mexico and with which they expect to generate close to 3,000 mortgages in the following 12 months.

By working with Lamudi and the digital mortgage broker, the bank has the possibility of making the processes much more practical for those who are looking for a home in the country. Scotiabank’s goal for this 2023 is to exceed 50,000 million pesos in mortgage credit.

Through this alliance, the bank is shaping up to continue its leadership in the sector for the Mexican market.

Paulina Prieto, VP of Mortgage and Automotive Credit at Scotiabank Méxicoindicated that people who are looking for a property to buy in any of the Lamudi portals in Mexico, will be able to consult the bank’s mortgage options, calculate their mortgage, pre-qualify.

The financial institution mentioned in a statement that this alliance shows the trend towards the modernization of banking services, where it takes advantage of digitization so that more and more people can acquire a home quickly, easily and safely.

A market opportunity that this alliance will be able to take advantage of is the millennial population, which ranges from 30 to 40 years of age and represents more than 50% of the placement of credits, especially those that have to do with the sale of goods. long lasting.

2023-09-04 23:09:33
#mortgages #months

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