Everything you need to know to find out if you qualify for a Techo Propio credit

One of the main dreams of every human being is to be able becoming independent of the parental home and build their own home and lead a life like any functioning adult in the 21st century.

Well, in a country like Peru, you have two options: you have enough money to buy your own apartment or you register for the Techo Propio program. This is so that the State gives you a hand to realize this dream.

However, to be a beneficiary of this program, you must complete with certain requirements to realize the long-awaited desire to have your own home.

Whatever your intention when you enroll in this program (buy, build or improve a home), make sure you are part of a family. In this sense, the leader of this group can register as dependents to one or more people.

It can be a spouse, partner, children, brothers and sisters or grandchildren under 25 or children over 25 with disabilities, parents or grandparents.

To register the correspondent family group, the boss must show his ID and that of his partner. Also have on hand all the complete information of the other members of the family group (name, ID and date of birth).

If there is a spouse or a partner, the form must be signed by him (or her) and the head of the family. Yes they are married the signature of one of them will suffice.

You can register at any Mi Vivienda Fund authorized center or office. Addresses can be found on their page at mivivienda.com.pe.

Once you have complied with the process, the JVM will review whether you have met the requirements. If everything is positive, they will simply be registered in the family group registry as Eligible family group (EFG).

Compared to what the GFE earns, i.e. his monthly income, if he is going to buy a house, he cannot exceed S/3.715.

If it was a Housing of Priority Social Interest (VIS), the amount changes to S/2.071. If what you are looking for is to build or improve a house, the IFM can go as far as S/2.706.

It should be remembered that these amounts can be updated year after year, through a resolution of the Ministry of Housing.

The vital point in receiving government assistance is not having received State housing assistance. And if what you want is to buy a house, they will not be able to have another piece of land in your name or that of a member of the family group.

But if what you are looking for is to build or improve a house, then you must own the place where the work will be done. It must be properly registered in public registerswithout encumbrances or encumbrances, or owning another home elsewhere.

Be a beneficiary of the BHF, corresponding to the product home improvementthe family group must have at least a savings of S/880.00. This amount may change if the upgrade you want to upgrade costs more.

This money must be deposited in JVM recovery account (Clean Roof – Housing Improvement) of Banco Interbank. The detail is that, since it does not include the ITF or the commission, these must be added at the time of deposit.

The program “Clean Roof” It includes three methods so that families who do not have the necessary resources can access housing, after qualification, of course.

These are:

1. Acquisition of a new home

Facilitates the financing of a center of social interest (VIS). The same that will have electricity, drinking water and sanitation services,

2. On-site construction

This is for those who want to build a VIS on land they own.

3. Housing improvement

In this modality, works of renovation, rehabilitation, completion or extension of the house are allowed.