Banco de la Nación lends S/200,000 to buy your house: how to access it?

Acquiring a home is one of the most important objectives for many Peruvian families. With the purpose of facilitating this process, the Banco de la Nación presents its mortgage loan, a competitive option in the financial market. This loan not only allows the purchase of a house, but also offers the possibility of moving existing mortgage debts.

This is an alternative for those looking for attractive interest rates and realizing the dream of having a new property. If you are interested, we detail the step by step to request it and the requirements.

What is the mortgage loan from Banco de la Nación?

The mortgage credit of National bank It is intended for the purchase of homes. It offers financing for 90% of the house and, depending on your income, it can be S/200,000 or more, with a maximum payment term of 25 years. The annual effective cost rate (ACER) starts at 8.68%, which makes it competitive with other options on the market.

In addition, this credit allows additional expenses such as registration, notary and appraisal expenses to be included within the total amount, thus facilitating the financial process for the applicant.

Banco de la Nación: what are the characteristics of the loan?

We explain in a list the main characteristics of the mortgage loan from Banco de la Nación:

• The financing amount ranges from S/15,000 and covers both the purchase of new properties and the transfer of previous mortgage debts.
• You can finance up to 90% of the sale value of the property. If your income is around S/3,000, you can obtain a loan of S/200,000, but if your income is greater, then you can obtain a higher credit.
• Two insurances are mandatory: one for credit relief and another against all risks for the property, which guarantees the protection of the acquired property and the financial security of the applicant.

BN mortgage loan: what are the requirements to access?

To access the mortgage credit of the National bankapplicants must meet certain requirements of both the client and the property.

• Present an active Multired Visa debit card, original ID of the owner and spouse
• Latest payment receipts, recent receipt of services, proof of appointment or termination resolution.
• Certified copy of the marriage certificate and documents that support other income if they are declared for the credit evaluation.
• As for the property, the real estate registration certificate (CRI) is required, issued by Sunarp, an affidavit of self-valuation, urban property and municipal summary sheet, and proof of payment of the property tax for the current year.

How to apply for credit to buy your home?

To apply for a mortgage loan National bankfollow these steps:

1. Go to the entity: Visit the Banco de la Nación agency closest to your home. The bank staff will provide you with detailed information about the conditions and modalities of the credit.
2. Submit the documents: Presents the client’s requirements for the first credit evaluation. If you meet the criteria, you will proceed to the second stage, in which you must submit the property requirements.
3. Receive credit: If your application is approved and you present all the required documentation, the amount will be disbursed to your savings account at Banco de la Nación. You will sign the public deed at the corresponding notary.

Consult the agencies of the Banco de la Nación in Lima.

Click on the following LINK to find the Banco de la Nación office closest to your home.