Banorte Strengthens Home Financing for Women

(3BL Media) May 15, 2012 - The combination of knowledge and leadership that “Mujer Banorte” (Banorte Woman) has in both mortgages and serving the specific needs of women customers resulted in the creation of Hipoteca Mujer Banorte (Banorte Woman Mortgage), a product that allows clients and users, both individuals and families, access to financing for purchasing housing, for construction, remodeling or the improvement of mortgage terms. 

The financial institution announced that it is extending the scope of the concept “Mujer Banorte” for those applicants who, when applying for a loan for their home, need assurance that they can meet the payment concerned, including during times where income may be reduced, or when extraordinary expenditures are incurred during important life events.  

This mortgage product addresses the main concerns women have when they want to buy a home, supporting them with advice and expert assistance in activities related to the purchase of a home, like moving, furnishing for the home, and necessary procedures.

With products and financial services such as Hipoteca Mujer Banorte, The Strong Bank of Mexico recognizes the increasingly important participation of women in economic activity, particularly in regard to the selection and financing of a home for her family. Hipoteca Mujer Banorte is aimed at mortgage credits which include a woman as a title-holder or co-creditor in the proof of income required for the granting of the loan.

Since 2004, Mujer Banorte, the first portfolio of financial solutions designed specifically for women in the Mexican market, has been an important vehicle for Banorte to serve and help Mexican women follow their dreams and achieve success.  Hipoteca Mujer Banorte builds upon this commitment to provide the support and security that every woman needs in order to own a home and to achieve all that she desires, whether as a wife, mother or professional.