The requirements that I must meet to request a Biess mortgage loan

Buying a home may be one of the dreams of many people, but once the ideal home has been found, it may be necessary to apply for a mortgage loan with Biess to cover the payment. It is convenient since it lends large amounts at reasonable terms.

Biess is listed as a public financial institution owned by the Ecuadorian Social Security Institute (IESS), which provides financial services under investment banking criteriafor the administration of public pension funds of the IESS, meeting the requirements of its active and retired members.

The first thing you must do to apply for a mortgage loan at Biess is to enter this link, with the same username and password as IESS, and request your prequalification. In this way you will know if you have everything you need to access the credit.

The main purpose of this type of loan is to make the dream of having your home, land, commercial premises, office, office, build your house or apartment, expand or remodel it with good conditions and market advantages come true, reports Biess.

There are different types of loans, ranging from finished housing, housing construction, housing remodeling and expansion, land acquisition, land acquisition and housing construction, acquisition of offices, premises, clinics and finally mortgage replacement.

Pre-qualification requirements for affiliates

• The affiliate must have thirty-six (36) contributions in total.
• Affiliates with a dependency relationship must have at least 13 consecutive contributions, in the case of affiliates without a dependency relationship and voluntary affiliates at least 36 consecutive contributions, these contributions do not necessarily have to be with the same employer.
• Not have dividends pending payment with the IESS or Biess, in any of its credit products.
• If you are the legal representative of a company, you should not have pending obligations.
• Be within the required age limit (up to 77 years).
• Your current employer must not belong to the harvest.
• Your current employer must not belong to the Rural Social Security.
• Not having a current mortgage loan acquired under the portfolio purchase or rediscount modality with the IESS or Biess.
• Not have any application in process for any type of mortgage loan with Biess.
• Not having a line of credit for housing construction in progress and/or inactive the amortization table of the mortgage loan granted.
• Not having amounts pending payment for instrumentation expenses in canceled mortgage loan applications with Biess.
• Not be registered in the IESS database with a degenerative disease.
• Approve the credit rating of the Biess.

Retiree Prequalification Requirements

• The old-age pensioner or retiree must be in receipt of a pension granted by the IESS.
• Not have overdue obligations with the IESS or Biess.
• Not have dividends pending payment with the IESS or Biess, in any of its credit products.
• Not having a current mortgage loan with the IESS or Biess in default.
• Not having a current mortgage loan acquired under the portfolio purchase or rediscount modality with the IESS or Biess.
• Not have any application in process for any type of mortgage loan with Biess.
• Not having a line of credit for housing construction in progress and/or inactive the amortization table of the mortgage loan granted.
• Not having values ​​pending payment for expenses, instrumentation in canceled mortgage loan applications with the IESS or Biess.
• Not having current obligations as a guarantor or guarantor for mortgage loans for voluntary members.
• Not be registered in the IESS database with a degenerative disease.
• Approve the credit rating of the Biess. (I)