National Savings Fund 2026: How Much Money Can It Lend for Buying a House If You Are Affiliated with Severance Pay
Severance pay helps, but it is not the only factor in determining loan amount. Photo: Source: FNA - Official "X" Account
TL;DR
- The loan amount from the Fondo Nacional del Ahorro (FNA) is determined by income, payment capacity, internal credit score, and housing type.
- FNA is unique in aiming to finance up to 100% of housing value, currently financing up to 90% for VIS and VIP projects.
- Severance pay is required to apply for a loan, but the credit is defined by monthly payment capacity, not the severance balance.
- FNA loans can be used for new or used housing, construction, improvements, mortgage portfolio purchase, or leasing.
- Joint applications can increase the evaluated income and potential loan amount.
- Preferential rates are available for those earning up to two minimum wages, starting from UVR +0% and UVR +4% for social housing.
- The deadline for companies to deposit severance pay is February 14th each year, making it a strategic time to affiliate or strengthen ties with FNA.