Residential Leasing
If you are ready to own your home with what you currently pay in rent, Leasing is for you!
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What is Residential Leasing?
This is an FNA financing alternative that allows members to acquire their own home through a financial lease agreement, up until the moment they decide to exercise the purchase option. The main difference compared to a mortgage loan is that, during the lease term, the property remains titled to the FNA; consequently, the member does not build equity in the home until the purchase is executed.
Benefits
Allows you to live in the property while progressing toward its purchase.
Reduces the down payment compared to a traditional purchase.
May be supplemented with subsidies or coverages.
Features
1
Type of housing: Urban, new or used.
2
Financing: Up to 90% of the property's value.
3
Property value: Up to 250 SMLMV in Bogotá and up to 180 SMLMV in the rest of the country.
4
Option to purchase at the end of the contract.
5
Amortization: In Colombian pesos.
6
Term: From 5 to 20 years.
How do I sign up?
Contact an advisor
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You can now become part of the Fondo Nacional del Ahorro virtually, just one click away.
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You can now also request your product in a more efficient way.
Requirements and documents
- Photocopy of identification document.
- Housing financing application form fully completed, with no amendments or strikethroughs.
- Income tax return or Certificate of Income and Withholdings (CIR) for the most recent taxable year, as applicable.
- Work certificate with an issue date no older than 60 days. Show at least six (6) months of income in the last twelve (12) months for a permanent contract or eight (8) months of income for contracts other than permanent.
- Payment, expense, or pension slips for the last three (3) months.
- Certification of the monthly salary assigned to the permanent position, for affiliates serving on a provisional basis.
- The FNA may request additional documentation (specific to the economic activity) that it considers necessary for analyzing the credit application, in order to make informed decisions regarding credit risk mitigation.
Interest rates
At the FNA we look out for you and your finances. That is why we offer excellent rates to help you achieve your dream of owning a home.
View current rates
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