Honduras: New Housing Campaign by Ficohsa Bank

The campaign is focused on pre-approval of housing loans in 20 minutes through the BANHPROVI (Honduran Production and Housing Bank) credit line, with an interest rate of 10% during a period of up to 20 years.

Wednesday, March 4, 2009

Digital Process published on its website: "It was explained that customers interested in these loans can go to any Ficohsa agency at a national level with a copy of their ID card, proof of income with detailed deductions and a credit application. The customer will have an answer in 20 minutes upon presenting the documentation. "

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Costa Rica: Housing Laws Without Financial Support

July 2013

Rules for providing housing to the middle class are being approved without adequate studies on their feasibility and functionality within the financial system.

Within the current drive in the search for housing solutions for the middle class sector, three projects have entered the legislative process.

El Salvador: $ 15 Million for Housing Loans

November 2010

Multi-sector Investment Bank (BMI) has launched a line of credit for home purchase or remodeling.

Funding is through financial intermediaries (commercial banks or credit unions).

Ricardo Vega, BMI official said the new credit line aims to address two different niches.

Growth in Supply of Housing Loans in Costa Rica

August 2010

The banking system has increased its range of mortgage credits with terms of up to 30 years in both dollars and colones, the local currency.

The Costa Rican banking system's housing credit portfolio makes up 31% of 31% of all non-financial private sector loans, measured in colones. As of May year on year sector growth stood at 3.71%, according to the Central Bank.

BMI receives $10 million for housing in El Salvador

July 2008

Corporación Interamericana de Inversiones (CII) has approved a first loan of 10 million dollars to the Banco Multisectorial de Inversiones (BMI).

BMI is a "second floor" banking institution that operates between the main providers of long-term funds for the nation's financial institutions.

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