Accessing a mortgage loan can be an excellent opportunity to acquire your own home, taking into account the increase in the price per square meter in Lima, which reaches up to nine times the minimum wage (S/6,706), according to a report by Urbania. Faced with this situation, the Banco de la Nación (BN) offers public workers and pensioners the possibility of financing the purchase, improvement or remodeling of a property.
In the following note, we will learn about the specific requirements and age limitations to obtain a mortgage loan from the BN this year. We will also discuss the application process and the benefits that this financial institution provides to its clients. If you are interested in purchasing a home with the support of Banco de la Nación, keep reading to get all the information you need.
Until what age can I access a mortgage loan at Banco de la Nación?
The mortgage loan from Banco de la Nación offers people the opportunity to have a financing mechanism to buy real estate, such as a house or an apartment. According to its official website, the entity covers up to 90% of the value of the home, with amounts reaching up to S/200,000. In addition, it offers competitive interest rates and repayment terms of up to 25 years.
If you are 74 years old, you meet the necessary requirements to apply for a mortgage loan at Banco de la Nación. Remember that appointed public employees, those with an open-ended contract or pensioners with a savings account in the entity can access this benefit. It is important to bear in mind that the minimum age to be eligible is 18 years, while the maximum is 74 years and 6 months, so if you are in this age range, you will be able to opt for this type of credit.
In addition to age, you must meet other important requirements that we list below:
- Receive a monthly income greater than S/800.
- Have a “normal” rating in the financial system, both for the credit holder and for the spouse.
Documents to submit to apply for a mortgage loan
If you are interested in applying for a loan from Banco de la Nación, you must meet the specific requirements that ensure the viability of the loan and present the following documents:
- An active Multired Visa debit card, original ID of the holder and spouse
- Have the original ID of the holder and spouse.
- 2 last pay slips of the holder (worker or pensioner) and 6 last pay slips of the spouse, original and copy, or printout in case of virtual slips.
- Latest utility bill (water, electricity or landline telephone), original and copy.
- Certificate of appointment (active workers) or resolution of termination (pensioners) of the holder or spouse, original and copy.
- Certified copy of the marriage certificate issued by the municipality.
- Documents supporting monthly payments (account statements, payment schedule, etc.) for maintaining current credits in other financial institutions, original and copy.
- Supporting documentation for other income, if declared for credit evaluation, in order to increase your borrowing and payment capacity.
- Regarding the property, the real estate registration certificate (CRI), issued by Sunarp, a sworn statement of self-assessment, urban property and municipal summary sheet, and proof of payment of the property tax for the current year are required.
How can I apply for a mortgage loan from Banco de la Nación?
The process of applying for a mortgage loan from Banco de la Nación is simple and accessible. Interested parties must follow these steps:
- Go to the Banco de la Nación branch closest to your home to obtain detailed information on the conditions and modalities of the credit. The bank staff will be available to assist you from Monday to Friday from 8:00 a.m. to 5:00 p.m., and on Saturdays from 9:00 a.m. to 1:00 p.m.
- Submit documentation: Present the client’s requirements for the first credit review. If you meet the criteria, you will move on to the next stage, where you must present the property requirements.
- Obtain the loan: If your application is approved and you submit all the required documentation, the funds will be deposited into your savings account at Banco de la Nación. The signing of the public deed will take place at the corresponding notary’s office.
Where can I apply for a mortgage loan from Banco de la Nación?
In order to reduce the housing deficit in Peru, Banco de la Nación offers state workers and pensioners a mortgage loan that can be requested through the following platforms:
- At any branch of the Banco de la Nación.
- On the official website HERE.
- On WhatsApp: 943277176
- By email: micréditohipotecario@bn.com.pe
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
