The National Bank offers reduced rates between 5.99% and 7.25% for people looking for a mortgage loan. East loan is valid for the buying a home new or used, as well as the improvement, expansion or remodeling of a property.
The financial institution grants these credits with the aim of “contributing to the economic recovery and closing the housing gap,” said the head of mortgage loans at Banco de la Nación, Piero Flores.
“In Peru there is a housing deficit of approximately 2 million homes and nearly 100,000 homes in Lima do not have habitable conditions,” the official explained to the Andina news agency. The Banco de la Nación plans to grant credits for more than S/ 200 million.
Which bank offers the best mortgage loan in Peru 2022?
The effective annual rate (TORCH) between 5.99% and 7.25% of the National bank It is the most competitive in the current market. According to the Cost and Performance of Financial Products tool of the Superintendency of Banking, Insurance and AFP (SBS), the TEA for this product varies between 8.20% and 87.91% in banks and municipal savings banks.
According to information from the SBS updated to December 11, Interbank offers a minimum TEA of 8.20% for a mortgage loan for S/ 240,000 for 15 years, while the credit of My bank reaches 87.91% for the same period and amount.
In the case of a loan for S/ 120,000 for 15 years, the cheapest minimum TEA is Interbank (8.40%), followed by GNB Bank (9.00%) and Crediscotia Financial (10%). Conversely, the highest maximum TEA is My bank (87.91%), followed by Piura Box (26.82%), Edpyme Micasita (25%), Qapaq Financial (17.5%) and Financiera Crediscotia (17%).
What is MiVivienda Fund?
What is needed to access credit from Banco de la Nación?
The Banco de la Nación grants financing for buying a home up to 90% of the value of the property. In other words, the client must pay a minimum initial fee of 10% with their own resources. These are the minimum requirements to obtain the loan:
- Being an appointed public worker, with an indefinite-term contract or a pensioner with a savings account at the Banco de la Nación for the payment of their income.
- At least register with one year of work seniority.
- Have a monthly income of at least S/ 800.
- Be between 18 and 65 years of age.
- Obtain a “normal” rating in the financial system.
You can check if you qualify for a mortgage credit at any Banco de la Nación branch. Its in-person service hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. and Saturdays from 9:00 a.m. to 1:00 p.m. Your email is also available ([email protected]) and WhatsApp chat (943 277 176).
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