Puerto Rico - Government Backed Loans

In 2001, the Commonwealth of Puerto Rico established as a priority the need to restructure the public agencies offering financing for housing in Puerto Rico and, particularly, to merge under a single operation the financing services for low-income housing. This merge was achieved through Act No. 103 of August 11, 2001, as amended.

Purchase Program

Direct Loan

Eligible homebuyers may use a Direct Loan in order to construct, purchase or improve a home, with the objective of reducing the loan's interest rate. Loans up to $90, 000 are provided through the program, at a 6.5% interest rate. Homebuyers must fall within income limits.

Continue reading about Direct Loan.