2023-10-26 20:51:07
The Bank of the Ecuadorian Institute of Social Security (BIESS) grants its members a series of advantages and benefits regarding mortgage loans. These also include voluntary members, who will be able to access this type of credit for the purchase of homes, land, or to carry out expansions and remodeling in properties located in the country.
This opens opportunities for those seeking to make the dream of acquiring their own home in Ecuador come true. Stay with us to learn about voluntary members and mortgage loans.
You might be interested in: These are the benefits of voluntary membership in the IESS
To qualify for these mortgage loans, voluntary members must meet an essential requirement: have at least 36 consecutive contributions to the IESS, regardless of whether they have been made with the same employer.
The mortgage loans offered by the BIESS have flexible and favorable conditions for voluntary members. With a term of up to 25 years, applicants have the possibility of structuring their payments in a way that fits their needs and financial possibilities. In addition, they include a series of related benefits, such as home insurance. For more information on home insurance, we suggest you go through this article (click here).
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