Since relaunched the mortgage credit UVA in April 2024, the possibility of acquiring your own house took center stage and it began to be a recurring topic of conversation among Argentines.
In the market where brick tends to be considered one of the refuges of value more stable and durablethe return of loans for long-term home purchases opened the range for those who are also thinking about buying to invest.
Therefore, in this context, many wonder If you can buy a non-permanent home with a mortgage loan. The answer is yesbut not all banks have this possibility.
Nation Bank
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The national entity maintains a line that second home destination accepted or properties with a value greater than 210,000 UVAs. The rate for that segment is 12% fixed plus UVA.
Finance up to 75% of the purchase or appraisal value (the lower of both) and the maximum loanable amount is the equivalent in pesos of 260,000 UVAs, with a ceiling of assistance that can reach up to 157,000 or 260,000 UVAs depending on the case.
The term ranges from 5 to 30 years. Employees, retirees, self-employed workers and monotributistas can apply for it. The age limit to cancel is 85 years and allows up to two holders and two direct family co-debtors.
BBVA
The financial institution offers line for non-permanent housingthat is, second property. It finances up to 80% of the value and does not establish a nominal amount limit: It depends on the applicant’s income.
It is credit in UVA at a fixed rate in pesos, with term from 5 to 30 years. The rate is 15% for clients who prove salaries and 17% for those who do not and requires a minimum income equivalent to four minimum salaries for the owner. For its part, the minimum age to start the application is 18 years and the maximum age is 75 years at the end of the loan. Fire insurance is mandatory and is included in the fee.
Mortgage bank
historic player in the real estate market, finances up to $250,000,000, covering up to 80% of the value of the homeboth for first and second. He maximum term is 180 months (15 years), while the nominal rate is 13.90% for clients with a salary plan and the fee-income ratio cannot exceed 20%.
ICBC
The bank line gives up to $180,000,000 for the purchase of a home for non-permanent use (and up to $360,000,000 for a main home). In the case of a second home, it finances up to 50% of the value and the rate is 12%y drops to 11% for those who credit salary in the bank. The maximum term is 20 years. Requires minimum income of $1,100,000 and that the fee does not exceed 25% of income.
Supervielle Bank
The entity finances up to 65% for both permanent and non-permanent housing. It does not set a nominal amount limit, but it does set strict conditions: maximum term 15 years (180 installments), UVA rate + 15% and requirement of minimum income of $5,000,000 for the owner.
Only for clients in a dependency relationship and all holders must have a package of accounts with the bank. Income can be added with a spouse, cohabitant or parents. The age for application is from 18 to 65 years, with cancellation up to 75.
