The Crédito MiVivienda program announced on May 5 the main requirements and step-by-step process for accessing its state-backed mortgage loans, which are designed to help Peruvian families acquire their first home. The program offers competitive interest rates, lower down payments, and government bonuses that can reach up to S/ 37,625 in 2026.
The information is relevant as it details a major financial tool for middle-class families seeking to purchase property in Peru. Unlike direct subsidies or gifts, the program provides improved loan conditions compared to private market mortgages through support from the Fondo MiVivienda (FMV) and additional state bonuses.
Applicants must be of legal age, not own other properties in Peru, have no outstanding FMV subloans or previous housing subsidies from the state, and qualify as creditworthy with their chosen financial institution. Properties must fall within a price range of S/ 64,200 to S/ 464,200 and meet specific documentation standards. For those working independently or living abroad, there are tailored documentation requirements outlined by the program.
The application process involves verifying eligibility through official channels such as mivivienda.com.pe or a toll-free line; seeking pre-evaluation at banks or municipal savings institutions; selecting an eligible property; submitting required documents for final approval; formalizing contracts before a notary; and receiving funds after registration with SUNARP. Bonuses include the Bono del Buen Pagador—up to S/ 25,700—and an additional Bono Verde of up to S/ 9,890 for environmentally certified homes.
According to Paz Centenario’s official website, Paz Centenario operates within Lima’s real estate sector by providing listings for apartments, houses and offices available for rent or sale alongside blog articles about property sales and legal matters in Peru. The platform focuses on informational content related to local real estate topics.
With historically low interest rates and increased availability of new housing projects in recent years, Crédito MiVivienda states that current conditions make it especially favorable for potential applicants who meet all criteria.
