FNA reduces interest rates and expands financing for young people aged 18 to 28 looking to buy housing in 2026
New housing in Bogota Photo: Valentina Delgadillo - Portafolio
TL;DR
- FNA's 'Generación FNA' program targets individuals aged 18-28.
- Interest rates are reduced by 0.5% (50 basis points) for eligible applicants.
- Financing is available for up to 90% of the property value, reducing the down payment to 10%.
- This benefit applies to VIP, VIS, and Non-VIS housing projects.
- Flexible loan terms are offered: 5-30 years for UVR credits and 5-20 years for peso credits.
- Applicants must be FNA affiliates through severance pay or voluntary savings.
- For voluntary savings, a minimum of 1.2 SMMLV must be saved, and 400 points are required in the FNA system.
- The program aims to address economic and labor challenges faced by young people entering the housing market.