In simple words, we could say that a mortgage loan is one that has a property as backup. For example, if the credit is to buy a house, the house itself will serve as collateral.
In this way, in the event of non-payment, the lender (financial entity, bank or cooperative) will be able to seize the asset to sell it and recover the financing granted.
Most of the credits of the financial system are like this because it offers certain facilities to both parties, such as the no need for guarantors and better conditions than other loans. This is an ideal system for buying a house or vehicle.
Mortgage loans in Coopealianza
In the case of Coopealianza, we have mortgage loans for construction, purchase and remodeling of housing; and for purchase of lot or own vehicle.
We have benefits like:
- Fast procedures (approval within an average of 10 business days).
- Few requirements and easy to meet.
- Favorable and customizable installments, which adapt to your income level.
- The amount of financing is high.
- The period of cushioning and cancellation is long but can be shortened, adjusting the terms to the possibilities of the associate.
- Premium facilities.
- Attractive interest rates.
Remember that you can even request your credit with our online form or contact us to request more information.
You can also visit us at any of our branches. We will be happy to serve you!