Tuesday 15 June 2021

Favorable financing conditions invite the middle class to buy a house

The middle-class housing plan seeks to serve a forgotten population, through access to financing, said Claudia Dobles, first lady.

The households included in the middle-class economic range have a high supply of financing for the purchase of a house, according to their income, as ExpoCasa kicks off this week

The middle-class housing plan seeks to serve a forgotten population, through access to financing, said Claudia Dobles, first lady. La Republica

Mutuals, cooperatives, banks and entities dedicated to addressing the need for housing are joining forces to launch financing options for this sector of the population.

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The common denominator is that they are structured for families or individuals with a monthly income between ¢600,000 and ¢1.6 million (US$1,000 to US$2,800).

Experts in the field say this has been an unattended class, as it does not meet the minimum income to access traditional financing or earns more than the amount established to receive a housing bond.

The non-traditional financing options was possible by the declaration of public interest that the Government gave to the plan of accessible financing for middle class housing and a program of the First Lady, Claudia Dobles, to create real solutions.

The financial institutions participating in the program are the Banco de Costa Rica (BCR), Bahnvi, Banco Nacional (BN), Banco Popular, and the INVU.

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