Decimo Fideicomiso de Bonos de Prestamos (Panama)

Decimo Fideicomiso de Bonos de Prestamos is a company located in Panama City. It specializes in the origination and administration of mortgage loans. The company has a proven ability to securitize its mortgage loans to mitigate risks. It is known for its competitive mortgage loan programs and its ability to serve customers quickly, easily, and reliably. In Colombia, where mortgage activity is limited to Bogotá, Decimo Fideicomiso de Bonos de Prestamos is expanding its operations with the goal of becoming a major player in the mortgage market, similar to its operations in Panama and El Salvador. Currently, the company originates approximately 7 to 8 billion Colombian Pesos in mortgage loans per month in Colombia. Additionally, it offers personal loans exclusively to its mortgage customers. Decimo Fideicomiso de Bonos de Prestamos finances customers who choose their homes from a variety of projects. The company ensures that no more than 5% of its loan portfolio is allocated to mortgages from any one developer or project. It also maintains objectivity by not providing financing for projects in which its shareholders or directors have a direct or indirect interest, and it does not finance housing construction. The requirements for mortgage loans are strict but fair. Customers must demonstrate employment stability, good credit references, and have approximately 30% of their income available for loan payments. Decimo Fideicomiso de Bonos de Prestamos is committed to its corporate mission of helping individuals achieve homeownership and improving the quality of life for tens of thousands of Latin Americans through its mortgage products.