New Credit Mivivienda 2022: how to obtain the mortgage loan if I am not on the payroll?

The Ministry of Housing, Construction and Sanitation (MVCS) has been granting mortgage loans through the housing programs provided by the State. In this regard, achieving own home can be accessible with the New Mivivienda Creditbut if I don’t have a credit history, will it be possible to qualify?

It is important to mention that the Nuevo Crédito Mivivienda is a mortgage loan that allows you to buy any house, build on your own land or on your own, and improve your home. The value of the property must be between S/ 65,200 and S/ 464,200.

This credit that is financed by the Mivivienda Fund (FMV) and is made through the Intermediary Financial Institutions (IFI) to a beneficiary who meets the established requirements.

LOOK: New Mivivienda Credit: these are the steps you must follow to request this benefit

How to access the New Mivivienda Credit if I am not on the payroll?

According to the Mivivienda Fund, financial entities grant this credit to dependent, independent natural persons with or without their own business, who demand financing for the acquisition, improvement or construction of their own home.

In case people do not have payment slips, since they are not on the payroll, another option is that they issue receipts for fees, that way they can credit your income for your credit score.

In this case, financial institutions request between three and six last receipts for fees.

The banks also give the facility of saving for a mortgage loan and thus demonstrate that they can pay the installments.

What are the financial institutions that grant the mortgage loan?

This loan financed by the Mivivienda Fund (FMV) is channeled through Intermediary Financial Institutions (IFIs), so you must first go through a credit evaluation.

In this sense, the page of the Mivivienda Fund published the 18 entities between banks, savings banks and finance companies with which they work.

How to apply for the New Mivivienda Credit?

To request the New Mivivienda Credit you must follow the following steps:

Request qualification: Request affiliated financial entities to evaluate your ability to pay and ask for scheduled savings.
Search for housing: It can be through the search engine of the official page, real estate developers, real estate portals, financial entities or any other certified means.
Choosing housing: Keep in mind that if you choose a project that is sustainable, you will be given an additional bonus to the initial one.
Acquire the home: Once your credit is approved by the financial institution, you can already be an owner.

How much is the Good Payer Bonus?

One of the benefits of this credit is the Good Payer Bonus (BBP). The Peruvian State provides this economic aid for the payment of the initial fee. It is non-refundable, that is, it is not returned.

In addition, if the beneficiary decides to purchase an eco-sustainable home, they are granted the Sustainable Mivivienda Bonus, whose current value is S/ 5,400 and allows them to pay a higher initial fee for the purchase of the property, since it is added to the Good Payer Bonus.