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Citibanamex develops two new mortgage products


Citibanamex launched two new mortgage banking products that promise to provide more liquidity to its clients to undertake personal projects. The offer applies to those people who have already managed to cover the cost of their house, as well as to those who have a mortgage in other banks.

On Mexico, the housing stock is made up of around 35 million homes, that is, almost 30 million homes are tax-free, “which implies that Mexicans have enormous wealth buried in our homes,” he said. Ricardo Garcia Conde, Executive Director of the Mortgage Bank of Citibanamex.

In this sense, the financial product “Liquidity Mortgage” is aimed at clients who already own their home and wish to use their home as support to obtain financing for other projects, such as investment in businesses, home improvements, studies. college or other relevant payments.

Meanwhile, “Change your mortgage more liquidity”, is focused on those who seek to improve the conditions of their current mortgage credit, but also need to obtain extra liquidity to use it for personal projects.

LEG

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