Terms & Conditions
These Terms and Conditions govern the use of mxtorsim.com and the collective financing services provided by Mxtorsim S.A.P.I. de C.V., Collective Financing Institution, authorized by the CNBV under Letter 153/10842/2021. By registering or using the platform, the user expressly accepts these terms.
1. Purpose
Mxtorsim is a Financial Technology Institution authorized under the Mexican Law to Regulate Financial Technology Institutions, whose purpose is to connect investors with applicants seeking real estate financing through credit operations secured by mortgage collateral. Mxtorsim does not extend credit on its own account and does not guarantee returns.
2. User registration
To invest, the user must be of legal age, hold a Mexican RFC, a valid INE or passport, and complete the biometric identification process. Mxtorsim reserves the right to reject applications that do not comply with anti-money-laundering standards under the LFPIORPI.
3. Collective financing operations
Each project is documented with a credit agreement, mortgage collateral registered in the Public Property Registry, an appraisal issued by an authorized valuer and a risk prospectus. The user declares that they have read those documents before committing capital.
4. Risks
Investing in collective financing instruments carries market, credit, operational and liquidity risk. There is no obligation of early redemption and no guaranteed secondary market. Past returns do not guarantee future returns. Invested capital is not guaranteed by the Mexican Institute for the Protection of Bank Savings (IPAB) or any other Mexican state entity.
5. Fees
Mxtorsim charges an annual fee of 1.0% on the outstanding balance to developers and a success fee of 0.5% on returns generated to investors. Fees are detailed in each project's specific contract.
6. Intellectual property
All contents of the site, including texts, graphics, trademarks and software, are the property of Mxtorsim or its licensors. Total or partial reproduction is forbidden without prior written authorization.
7. Modifications
Mxtorsim may modify these terms with 30 calendar days' prior notice published on the site and communicated by email. Continued use of the platform constitutes acceptance of the modifications.
8. Applicable law and jurisdiction
These terms are governed by the laws of the United Mexican States. Any dispute shall be submitted to the Courts of Mexico City, expressly waiving any other jurisdiction that may correspond by reason of domicile.
9. Contact and complaints
For questions, clarifications or complaints, please write to asesoria@mxtorsim.com or contact the Specialized User Support Unit (UNE) at +52 55 4162 8730 extension 101. You may also contact CONDUSEF under applicable regulations.