2023-10-01 05:46:49
The senior executive explained that the credits granted by the Development Bank are more flexible than those offered by commercial banks, according to what was said in his interview for Briefcase.
(See also: What to do if you are asked to vacate a rental apartment in less than 3 months)
Muñiz had announced that the second-tier bank, as Findeter is known, would request resources from VIS for housing loans, for an amount close to 1 billion pesos, which aims to reactivate real estate sales that in July had a 53% crash.
Faced with this request, the Minister of Housing, Catalina Velascoresponded with the announcement of an investment worth 2.5 trillion pesos to give strength to the reactivation of the housing construction sector, according to information from The Republic.
The main beneficiaries of this initiative will be the home builders of VIS and VIP projects and the families of scarce resources who will have the opportunity to buy a house with a lower interest rate and at a fee close to 300,000 pesos per month.
In specific terms, the payment term of the buyers, who to apply for the credit must not earn more than 2 current legal monthly minimum wages ($2,320,000), will be 20 years with a fixed rate of approximately 6.3% effective. annual (EA).
Another relevant fact is that the VIS and VIP projects chosen by buyers and that are located in municipalities of category 3, 4, 5 and 6, and in apartments of categories 3 and 4 will have a preferential rate.
How VIS home buyers will be able to access Findeter credits
The president of Findeter stated that those interested in acquiring their own home, with the above specifications, may request the credit in cooperatives that are supervised by the Financial Superintendency and the Solidarity Superintendency.
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“We give them the money and they give it to the people, until the amount is covered,” concluded the president of Findeter to Portafolio.
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