Every morning when Carlos gets up he feels joyous and happy because he achieved his dream: Today he sleeps in his own house, in a safe neighborhood. Your home has 2 bedrooms, a living-dining room, a kitchen, two full bathrooms, a garage and a large laundry area where you can hang your clothes in peace.
Every Wednesday, Carlos invites his friends over for dinner and they play cards. Or they watch Mexican soccer. And on weekends, Carlos rests reading his favorite book or cooking for his family; his wife Fabiola and his little 3-year-old son.
For Carlos to have this wonderful and serene life today, a year ago he had to assume the responsibility of a housing mortgage credit in Coopealianza, which covered the purchase of your new home.
Like Carlos, you too can have your own home under the best financial market conditions by contact us.
That yes, this young father investigated well and consulted in one of our offices: Is it better in colones or in dollars? How long is the loan? The interest rate? The fee will be fixed for how long? What does it mean that the house is the guarantee of the loan? Can I pay the entire credit before, if it were the case? How can I get the best deal possible? Do I need a bondsman? What documents must I present?
The only way to resolve all these doubts is by getting good advice on how a home mortgage loan works in Coopealianza.
What is a home mortgage loan?
But let's start at the beginning: What is this type of loan?
It is a medium or long-term loan that is granted for the purchase, expansion, repair or construction of a home.
In this case, the property acquired is guaranteed or "mortgaged" in favor of the financial entity to ensure compliance with the credit in case there are problems with the payments of the respective installments.
Recommendations for acquiring a home mortgage loan
Before acquiring a loan, it is important to make an analysis of our real economic situation. The following should be considered:
- Your level of indebtedness and the money you have left free with which you could really face a new credit.
- Costs of carrying out the procedures and requirements to obtain the credit: certifications, expert visit, municipal permits, legal expenses, whatever applies to your case.
- If you require a premium, how much is that amount?
- Insurance required to protect the home and the cost of these.
- And finally, to that we must add the expenses and management of the move and the maintenance of the home.
If you are determined to achieve your dream of having a home where you can develop your life project, remember that at Coopealianza we offer credits for:
- Construction of new housing.
- Purchase of housing already built.
- Home remodeling.
- Lot purchase.
We look forward to your visit.
Contact us to advise you, request your credit here.