Renovate your house or apartment using a mortgage loan

You have the house of your dreams, but you think it needs a remodeling, or maybe you want to enlarge it or give it a few more details to increase its value in the market.

If you wish to remodel your house in Puerto Vallarta in a short period of time, there are credits that can facilitate this task without decapitalizing you. This type of financing offers more attractive rates than a personal or payroll loan. Learn more about mortgage loans from Grupo Gova.

Remember that we have experts who will help you, whether it is to apply for a mortgage loan to buy the house of your dreams in Puerto Vallarta or to remodel it.

You can contact them by clicking here or by the following means:

contacto@govacasa.mx

For calls: (322) 308 03 35

For WhatsApp, click here

Find out how mortgage loans for home remodeling work with Grupo Gova

Loans to remodel your house or apartment work practically the same as a loan to buy it in terms of terms, interest rate and commissions. Banks can lend you up to 50% of the value of the property for your remodeling, and you can pay it back in a period of 5 to 20 years, and the rates range between 7.3 and 12%.

It is of vital importance to remember that when you ask for a credit loan, your home can remain as collateral for the loan before the bank, so it is very important to comply correctly with the corresponding deadlines and payments. Before asking for a loan we recommend you to make a renovation plan, make budgets and keep in mind how much you will spend so that you do not exceed your budget, nor spend more than half of the value of your home in remodeling; because when you want to sell it, it may lose value instead of increasing it.

In case you do not want to apply for a loan at the bank, and you are an eligible beneficiary, Fovissste offers its workers the possibility of using their points to access a Traditional Loan for the remodeling, expansion or improvement of their homes. In this case, the rates range from 4 to 6% and the term to pay the financing is up to 30 years.

You can also apply for Mejoravit, an Infonavit program that can lend its borrowers a maximum amount of $54885 and a minimum of $3920, which can be paid between 12 and 30 months.

Whichever option you choose, it is important to always have a plan in mind to improve your home, so that it increases its value, whether you want to sell it in the future or simply make your home the place of your dreams.

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