Decimo Segundo Fideicomiso de Bonos de Prestamos Hipotecarios (Panama)

Decimo Segundo Fideicomiso de Bonos de Prestamos Hipotecarios, located in Panama City, is a company that specializes exclusively in the origination and administration of mortgage loans. They have the ability to securitize their mortgage loans according to their needs, in order to mitigate the risks of mismatched terms and funding for the institution. The company has established itself as a leader in the mortgage market due to its competitive mortgage loan programs and unparalleled ability to serve its customers quickly, easily, and reliably. In Colombia, where mortgage financial activity is limited to the city of Bogotá, Decimo Segundo Fideicomiso de Bonos de Prestamos Hipotecarios is expanding its operations with the goal of becoming a major player in the same niche as they operate in Panama and El Salvador. Currently, active origination in Colombia generates approximately between 7 and 8 billion Colombian Pesos in mortgage loans per month. Additionally, Decimo Segundo Fideicomiso de Bonos de Prestamos Hipotecarios offers personal loans exclusively to its mortgage customers. Decimo Segundo Fideicomiso de Bonos de Prestamos Hipotecarios finances customers who select their homes from a variety of projects and does not allow mortgages from any developer or project to exceed 5% of the total loan portfolio managed by the company. In addition, to maintain objectivity in loan generation, the company does not provide financing for projects in which its shareholders or directors have any direct or indirect interest, and it also does not provide financing for 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 repayment. Decimo Segundo Fideicomiso de Bonos de Prestamos Hipotecarios will continue to strive to achieve its corporate mission of ensuring that every individual has their own home and improving the quality of life for tens of thousands of Latin Americans through the mortgage products it offers.