Almost six months after the program launch My first housethe interest of the Guatemalan population in acquiring their own home continues to increase.
According to recent national mortgage credit (CHN), to date 3,567 people have visited some of the housing projects included in the program and have formally expressed their Purchase intention.
This figure reflects the growing demand for accessible housing solutions and the progress of an initiative that seeks to facilitate access to decent housing for middle -income families. The increase in the number of beneficiaries evidences the sustained interest of the population to acquire their own home with the support of the State.
More than 80 credits disbursed until May of L2025
According to CHN data, until May 12, 2025 They have disbursed 85 credits Under the program My first home. This figure represents significant growth if compared to the first months of the project: at the end of January 2025, three credits had barely been approved, And only one in the first month Since its launch.
In addition, files in process also reflect a sustained increase. At the end of January, they were counted 131 cases in process; However, for May they are already registered 597 applications Ongoing.
This trend confirms that the program has not only aroused citizen interest, but also advances in accordance with the normal deadlines that are usually required to acquire a home, ranging from between four and six months.
Income settings to expand coverage
One of the most important changes made to the program occurred April 25, 2025when the government announced a Modification in income ranges allowed to apply to credit.
Initially, people or families with monthly income could apply between one and four minimum wagesthat is, the monthly income should not exceed the Q15 thousand And the house should not cost more than Q617 thousand. However, after detecting a high demand for housing with values close to the Q650 thousandlimit to Six monthly minimum wagesallowing them to now apply for people with income from up to Q23 thousand 838.30 and the value of housing for Q675 thousand.
This adjustment responds to a key finding: he said Sergio Mario Silva Lorenzanapresident of the Board of Directors of the CHN in an interview with Free press In January, many Guatemalans showed interest in homes that exceeded the initial price range and required greater debt capacity.
Catalog of real estate projects also grows
When the program was launched, the catalog included 16 housing projects approved. In the following weeks it increased to 26then overcome the 30and currently, as of May 12, the program has 49 real estate projects availablewhich provides more options to people interested in acquiring their First home.
All projects must be previously authorized by the Housing Fund (FHA)and it is recommended that applicants verify that the chosen option is in the official list.
Requirements to apply to my first home program
The program My first home is aimed at people or families who They do not have their own home And they want to acquire a house new. Restored or used real estate are not allowed. The maximum property value must be Q667 thousand.
The general requirements include:
1. Income and payment capacity
- A monthly income must be verified that allows the fee to be covered without exceeding the 50 % of total income.
- The income range must be between Q3 thousand 973.05 and Q23 thousand 838.30.
2. Age of the applicant
- The maximum age to finish the payment of the credit is 75 years oldand the deadline for canceling debt can extend up to 40 years.
3. Documentation required
- Photocopy of DPI and of Nit.
- Recent receipt of basic services (water, light or telephone).
- Original and recent proof of income.
- Employment and Income Confirmation Formprovided by the FHA and signed by the employer.
- Certification of lack of real estatewhich can be requested online to the Ministry of Public Finance.
- Insurance protection applicationAvailable in the FHA.
- Bank Account states of the last three monthssigned and sealed by a banking agent.
How to get more information about my first house?
Those interested can obtain detailed information through the website of the CHN or go directly to your agencies.
You can also consult the updated list of housing projects approved and make credit simulations based on their income.
The program My first house in Guatemala represents a specific opportunity for more people to access a home with accessible financing and reasonable deadlines, in a context where housing demand continues to increase.