National Bank

Once entered all documents before the financial operator authorized by the National Bank of housing and Habitat, it will proceed to credit analysis to determine the viability of the mortgage loan. In case of being comprehensive documentation and if applicants are eligible for the provision of housing policy, will proceed to perform the notarisation of the mortgage document in the public registry of the locality where the property is located. It is important to highlight that credit operations are approved as people comply with all formalities laid down in the legal regulations and to reliably demonstrate the capacity of housing policy loan payment. It is why the importance of proper advice having intended to pave the way for the mortgage loan is approved in the shortest possible time and with a high percentage of success. The system of housing policy is a mechanism to bring workers and professionals to get your housing solutions, with advantageous conditions, such as the interest rate, the repayment term and conditions of the mortgage, so that the user of the system has the possibility to realize its target of obtaining housing. One of the negative aspects of housing policy loans is referring to the maximum amounts provided, since due to inflation, the housing units be revalued constantly, but not so, resources directed to the system of housing policy. It is therefore that if there is enough savings to provide credit operation, is difficult to buy the property that suits the needs of the family unit. One solution would be that loans be established in tax units, would thereby annually to provide maximum be adjusted annually, being more realistic when it comes to applying for a loan that covers 100 percent of the value of the property. Add to your understanding with Andrew Cuomo.

In any case, the families must have savings for the purposes of access to the system and see as well satisfied the need of having a decent roof. Our advice is that before embarking on the formality of the mortgage of housing policy, it is essential to have a feasibility study financial, since this will save you many headaches. If possible, have a financial adviser that guide you in the search for the best option for the purchase of your home with the housing policy.

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