{"id":2870,"date":"2026-07-07T21:06:14","date_gmt":"2026-07-08T02:06:14","guid":{"rendered":"https:\/\/hepacom.org\/credito-hipotecario-bbva\/"},"modified":"2026-07-07T21:06:15","modified_gmt":"2026-07-08T02:06:15","slug":"credito-hipotecario-bbva","status":"publish","type":"post","link":"https:\/\/hepacom.org\/en\/credito-hipotecario-bbva\/","title":{"rendered":"BBVA mortgage loan: requirements, rates and how to apply"},"content":{"rendered":"

After years of paying rent, many families in the Aburr\u00e1 Valley end up knocking on the door of a large bank to request a loan for their own home, and BBVA is one of the most frequently mentioned. Therefore, it's important to understand how the BBVA loan process works. BBVA mortgage loan<\/strong>What it finances, how much it lends, what requirements it has, and how to apply step by step. In short, it's a long-term loan to buy, build, or improve a home, using the house as collateral, and BBVA offers it for both social housing and standard housing.<\/p>\n

At the Hechos Para la Comunidad Foundation (Hepacom), we support families in Itag\u00fc\u00ed and the southern Aburr\u00e1 Valley who are working towards owning their first decent home. This guide is for informational purposes only: the loan is reviewed, approved, and disbursed by the bank, not us.<\/p>\n

What is a BBVA mortgage loan and what does it finance?<\/h2>\n

It's a home loan where BBVA finances a significant portion of the property's value and uses the property itself as collateral. With it, you can buy a new or used house or apartment, build on your own lot, or remodel. They also offer residential leasing, which works similarly but with a rent-to-own option.<\/p>\n

The underlying logic is the same as any bank: as long as you're paying, you live in the house and it's yours; the guarantee only kicks in if you default. If you're new to this and don't fully understand the concept, first take a look at... What is a mortgage loan?<\/a>, And to position BBVA in relation to other banks, our mortgage loan comparison by bank<\/a>.<\/p>\n

How much does BBVA lend and for what term?<\/h2>\n

Like all banks regulated in Colombia, BBVA does not finance 100% of the property value. Depending on the loan type, it typically lends up to 70% of the property value for homes that are not social housing and up to 80% for social housing (VIS). The remainder is your down payment. Typical terms range from 5 to 20 years, and you can choose a fixed interest rate in pesos or UVR (Real Value Unit).<\/p>\n

The exact BBVA mortgage rate is set by the bank within the limits monitored by the Financial Superintendency, and it fluctuates according to the market, so the only reliable figure is the one the bank gives you on the day you get a quote. Before that, it's a good idea to know how much you can realistically borrow: calculate your borrowing capacity<\/a> and check the current mortgage interest rates<\/a> to compare with a cool head.<\/p>\n

What requirements does BBVA have for a mortgage loan?<\/h2>\n

The requirements of BBVA mortgage loan<\/strong> They are similar to those of banks in general: proof of income, a good credit history, and a property appraisal. This table summarizes the different options and who benefits from each one.<\/p>\n

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Source: BBVA Colombia (bbva.com.co) and the Financial Superintendency of Colombia. General conditions subject to review of each application; exact percentages and terms are determined by the bank. Verify with BBVA before signing. Last updated: July 2026.<\/caption>\n
Mode<\/th>\nWhat it finances (reference)<\/th>\nWho does it serve?<\/th>\n<\/tr>\n<\/thead>\n
Social Housing<\/td>\nUp to approximately 80% of the value<\/td>\nLow and middle income families who buy social housing<\/td>\n<\/tr>\n
Non-VIS housing<\/td>\nUp to approximately 70% of the value<\/td>\nAnyone who buys housing above the VIS limit<\/td>\n<\/tr>\n
Residential leasing<\/td>\nRent with option to buy at the end<\/td>\nThose who prefer a lower down payment and to buy at closing<\/td>\n<\/tr>\n
Construction or remodeling<\/td>\nConstruction on own lot or improvements<\/td>\nFamilies with a lot or house who want to build or improve<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

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Typical documents: ID card, proof of income (pay stubs or tax return if you're self-employed), bank statements, and property appraisal. If you're worried about being turned down, read this first. Why are they rejecting a mortgage loan?<\/a>.<\/p>\n

Common mistakes when applying for a BBVA mortgage<\/h3>\n