Banking mortgage financing housing home lending loans loan Real estate loans bank credit Banco FICOHSA Bank of Costa Rica Infraestructure & Construction Infrastructure and Construction Real Estate preferential interest rate Asamblea Legislativa (El Salvador)

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

©image: ficohsa.com

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. "

Source: Proceso Digital

Key entities

Banco FICOHSA

Countries

Honduras

Insight

home lending housing mortgage financing loans Banking

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.

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.

Honduran Banking Incentivizes Credit

June 2009

The financial system, set against a surplus of $1.5 million in liquidity, offers better credit conditions.

Expediency in the approval process, lower interest rates, and extended payments terms are some of the incentives they are offering.

La Prensa publishes in its web portal: "As an additional service, applicants have the option to consolidate all their financial obligations into a single account."

Banco Promerica de Costa Rica to increase mortgages and loans for green projects with IDB support

September 2010

$15 million IDB loan is the first to a Costa Rican financial institution that seeks to expand its mortgage and green financing business

The Inter-American Development Bank (IDB) approved a $15 million loan to Banco Promerica de Costa Rica to help the bank expand its long-term mortgage operations and loans for environmentally sustainable projects.