He DS19 Subsidy, also known as the “Social and Territorial Integration Program”, offers an invaluable opportunity for those who have not been selected for other housing subsidies in Chile. One of the most notable advantages of this program is that it does not require an application, although it is necessary to meet certain requirements. Here we tell you how you can buy a house by applying this housing subsidy.
There are three main ways to access a living place through the DS19 Subsidy, according to the information provided by Banco Estado. The first option is without using a Mortgage Credit, aimed at people who have a subsidy certificate and wish to buy a home for up to UF 1,100. Minimum savings and one of several specific subsidy certificates are required.
Another option is through a Mortgage Loan to complement the amount of the property. This is aimed at those with a certificate of subsidy who wish to buy a home from UF 1,400 to UF 2,200. Again, minimum savings and one of the subsidy certificates mentioned above are needed.
The third option is for those who do not have a subsidy housing. You can access the program with a minimum savings for housing, being registered in the social household registry and not owning previous properties. In this case, you can qualify for properties of up to UF 2,200 through savings, bonuses, contributions and, if approved, a subsidy.
To access the DS19 Subsidy, it is necessary to contact real estate or construction companies that are members of Minvu and that develop projects of interest. Then, it is important to visit the Project Sales Room to verify the availability of spaces and manage the reservation of the selected property. Finally, proof of Project registration must be requested to complete the process.
