Mortgage Credit in Colombia from abroad

There are quite a few reasons why a Colombian would like to apply for a Mortgage Credit in Colombia from abroad, and buy a home in Colombia: Continue to maintain your main home in your homeland. Improve the living conditions of their relatives. Buy a home with a view to the future, for retirement. As an investment:  It is logical that, being outside, questions arise about how to obtain a Mortgage Credit in Colombia from abroad. Fortunately, there are several offers in the banking market for this type of financing.

The process does not have to be complicated or take a long time. Here we offer some details and steps if you want to own a home in Colombia and are abroad.

Characteristics of a Mortgage Credit

Characteristics of a Mortgage Credit

Get finance up to 80% of the purchase. It can be a new or used home in any city. Deadlines to pay from 5 to 20 years. It depends on the bank. You can choose fixed or variable interest rates. Some banks allow the payment of capital without penalty.

Get a Mortgage Broker to acquire a loan

money loan

A mortgage broker is a very helpful professional with the task of applying for a loan. It is responsible for analyzing the investment and your credit situation. Many times people tend to question the viability of savings based on the economic situation of a country. Despite the circumstances that a nation could be going through the motivation to save should be a determination of each individual. He advises you, and guides you to the market options to acquire financing.

A pre-approval study carried out between the broker and the bank will let you know if it is possible to access the credit or not. In this way, you will know if it is possible to access the loan without having met all the necessary requirements.


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