Tuesday, 13 February 2024 00:27

The FSV closed january 2024 with a default rate of 2.20%.

Written by Karla Gutiérrez

The Ministry of Housing announced that the delinquency rate at the end of january 2024 was 2.20%, lower than the closing of december 2023, which was 2.37%.

According to the institution, this indicator is important for investors to expand the supply of social interest housing, ensuring a quick return on their investments.

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"From the Housing System we facilitate the processing of construction permits for investors to meet their projections and have support in the development of their housing projects", said the ministry through its social network X.

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In january, the State portfolio, through SFV, managed to deed 705 loans, with an investment of US$16.49 million, while the Fondo Nacional de Vivienda Popular (Fonavipo) allocated US$603,299. In total, according to Vivienda, US$17 million was disbursed to help more families to own their own home.

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Among the relevant results by credit lines, the ministry delivered US$7.76 million in 218 credits for new housing; US$6.14 million in 299 credits for used housing and other lines; and US$2.59 million in 188 houses that are part of the extraordinary assets.

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"We showed our leadership in granting loans and deeded housing in the country achieving, in the current administration, from the Housing System, a total of 43,685 loans, with an investment of US$800.1 million", said minister Sol.

 

 

Translated by: A.M