Until when can you apply?

He Fogaes It is a benefit that was created in 2023 and that allows access to mortgage loans for the purchase of the first homeThanks to this contribution, the State can act as guarantor to access a mortgage loan with up to 90% financing.

State support began to be implemented in 2023 and was valid for one year, therefore it was to end in April 2024. However, the recent Amendment to the Fogaes Law will allow it to extend.

Until when can you apply to Fogaes?

The Fogaes was extended for six months, that is, it will be valid until December 2024.

How to apply to Fogaes 2024?

To apply for Fogaes, you must make arrangements directly with the financial institution. The banks available to apply for Fogaes are:

• State Bank
• international Bank
• Scotiabank
• BCI
• Itaú Corpbanca
• Bice
• Santander
• Falabella Bank
• Coopeuch Cooperative

The procedure can be done in person or online. Each of these banks has a specific section for Fogaes on its website. There you can review how to proceed, what documents you must present and if you meet the requirements.

Who can apply to Fogaes?

The requirements to apply for Fogaes, which contributes up to 10% of the value of the home, are:

• Being a natural person.
• Not owning a property for residential purposes.
• The value of the home cannot exceed 4,500 UF.
• The credit should only be for the first home.
• Not listed in the National Registry of Child Support Debtors.
• Not having obtained this benefit previously.
• Not having received any housing subsidy or state benefits for financing a home.