La Hipotecaria S.A. De C.V. (El Salvador)

La Hipotecaria S.A. De C.V. is a company located in San Salvador, El Salvador. It specializes in the origination and administration of mortgage loans. The company has a proven ability to securitize its mortgage loans to mitigate risks. La Hipotecaria has established itself as a leader in the mortgage market by offering competitive loan programs and providing fast, simple, and reliable service to its customers. Since its inception in Panama in 1997, La Hipotecaria has become one of the most important providers of mortgage loans for middle and lower-middle-income clients. The company generates between US$6 million to US$8 million in mortgage loans per month through its five offices in Panama. Additionally, La Hipotecaria offers personal loans exclusively to its mortgage customers. The company finances clients who choose their homes from a variety of projects and ensures that no more than 5% of the total loan portfolio is allocated to any one developer or project. La Hipotecaria maintains objectivity by not providing financing for projects in which its shareholders or directors have a direct or indirect interest, and it also does not finance housing construction. The requirements for mortgage loans are strict but fair, with clients needing to demonstrate employment stability, good credit references, and an available payment percentage of approximately 30% of their income. La Hipotecaria's corporate mission is to help individuals achieve homeownership and improve the quality of life for thousands of Latin Americans through its mortgage products.