What Documents You Need to Apply for a Nex Advance

What Documents You Need to Apply for a Nex Advance One of the most common questions when starting the Nex process is what documentation is required. Having everything ready from the start considerably speeds things up from a complete file to the first disbursement can take just a couple of weeks. What you need to gather - Official ID, CURP, and proof of address - Property deed - Certificate of no liens (or account statement if the property has an active mortgage) - Current property tax and water bills - A comparative market analysis of your property (at least 5 comparables), or support from your Vivra advisor to put one together If your property has a mortgage This doesn't automatically disqualify you. If the Nex credit can cover the full mortgage balance, you're still eligible: that balance is paid off directly at disbursement. What would disqualify you - Active litigation on the property - Not having the legal capacity to dispose of the property - A market value below $1,500,000 MXN - A mortgage balance the Nex credit can't fully cover Preparing ahead saves time later Gathering this documentation in advance is, along with the property evaluation, the step that speeds up the entire process the most from application to receiving your advance. Want us to go over your documentation together? Talk to a Vivra advisor.