BBVA vs Banorte: mortgage loan
| BBVA México | Banorte | |
|---|---|---|
| APR (CAT) | 11.4% | 11.8% |
| Amount | $500k–$15M | $400k–$12M |
| Term | 5–20 años | 5–20 años |
| Minimum income | $25,000 | $25,000 |
| What sets it apart | Largest mortgage market share; fixed rate from 9.45% | Flexible schemes for non-salaried with full tax package |
When to pick BBVA México
BBVA wins on a profile with formal payroll, clean bureau, 25K+ income. APR 0.4 points lower on fixed-rate mortgage. For credit over 5 million, BBVA is usually a competitive option for max amount.
When to pick Banorte
Banorte wins on a well-documented non-salaried profile with SAT filing, or when you need a mixed-rate term (initial fixed + variable after). Approval with tax package is friendlier than at BBVA.
My recommendation
Formal payroll and standard credit: BBVA. Non-salaried with SAT or you need mixed rate: Banorte.
How we compare these two
The figures in the table — CAT, amount, term — come from each institution’s public rate sheet, not from us, and the commercial relationship never changes them. The «cheaper» verdict weighs the total cost for a standard profile; your own CAT depends on your Buró and income, so treat the numbers as a starting point and confirm the final terms on the lender’s site before signing. The order of offers across the site follows our published methodology.
Read the full editorial review of BBVA México or Banorte before deciding.