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CSS mortgage portfolio has $20 million

The Mortgage Portfolio of the Social Security Fund (CSS) maintains a 2022 approved budget of $20 millionof which have been approved $5,093,908.59reported Briseida de Garibaldo, head of the institution’s mortgage.

He indicated that, in recent weeks, more than 1,000 people have applied for a mortgage loan with the CSS and that they are currently waiting for return with the required documentationthose who have qualified and make each procedure effective.

Currently the Loan Center of the Social Security Fund manages several credit programs:

Mortgage loans: Balance transfers from other banking institutions and debt consolidation are also handled for all policyholders nationwide, both in the public and private sectors.

Personal loans for retirees: from $2,500 to $67,000 with an interest rate of 4.95%.

Garibaldo revealed that there is currently a mortgage portfolio of $32 million of loans granted.

On the other hand, regarding the loans for Pensioners and Retirees, during 2022 more than 1,000 interested people have been attended, for which they have been approved to date $5.3 million of the approved budget, which is 25 million.

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