How the Government Agency mortgage ranking works
Thanks to their social security and working position, public employees and pensioners can benefit from Social Institute ex Government Agency mortgages. Mortgage loans that allow you to obtain high sums with which to cope with the purchase of the house or related purposes. When the resources allocated are not sufficient to satisfy all requests, Social Institute Government Agency mortgages are drawn up.
In fact, we remind you that ex Government Agency mortgages are granted by the social security institution in compliance with the budget available. The Social Institute allocates funds for the granting of mortgage loans, which are divided into four quarters.
The resources are also divided by the various regional directorates. These are in fact responsible for receiving and evaluating mortgage applications and, in the event of insufficient resources, drawing up any rankings.
But what are the criteria used for drawing up the Social Institute Government Agency mortgage rankings? As established by the Government Agency Mortgage Regulations (art. 10), the composition and income of the applicant’s household are taken into consideration for the Social Institute mortgage rankings.
Criteria for the ranking and points awarded
Let’s see what are the scores assigned by Social Institute in favor of those who request an Government Agency mortgage.
As for the composition of the family unit, we have the following scores.
- 5 points for each family member;
- 8 points for each member of the family with serious disabilities;
- 3 points if, at the beginning of the reference quarter, the applicant has been married for less than 3 years.
For household income, however, the scores assigned are as follows.
- 30 points for those with an income of up to 25,000 USD
- 24 points for those who have an income between 25,000.01 USD and 35,000 USD
- 18 points for those who have an income between 35,000.01 USD and 45,000 USD
- 12 points for those who have an income between 45,000.01 USD and 55,000 USD
- 6 points for those who have an income between 55,000.01 USD and 65,000 USD
- 0 points for those with an income greater than 65,000 USD
In the event of a tie, priority is given to those who have been registered with the Social Institute credit fund for the longest time. If the tie persists, the person who submitted the application first takes precedence.
How to consult the rankings
Now that we have seen what the requirements are used for drawing up the Social Institute Government Agency mortgage rankings, let’s see how to consult them.
In this regard, it is necessary to clarify that the Social Institute Government Agency mortgage rankings are present, in Pdf format, on the Social Institute website. To view them you need to connect with the official Social Institute website. You should therefore follow the path : Home – Notices, calls and billing – Welfare, assistance and mutuality – Rankings of mortgage loans to members of the Public Employee Credit Management Fund.
Once you reach the page of the Social Institute website dedicated to the Social Institute Government Agency mortgage rankings, you must use the side menu to select the Rankings item from here. At this point it will be sufficient to choose, from the same menu, the region and the province of reference.