Find your home in Quito and pre-qualify for your mortgage, commission-free.

Miti-Miti is the Ecuadorian government program in which the State covers half the interest on your mortgage, so you pay around 4.99% a year with a down payment from 5%. It applies to the purchase of your first new home in developments classified as VIS or VIP. Booster Prop tells you in two minutes whether your profile qualifies and which projects are eligible.

Credicasa is the BIESS mortgage for IESS members and retirees buying their first home of up to USD 71,500. It has the lowest rate on the market, from 2.99% a year, and finances up to 100% of the value in the lowest price bands. If you are an IESS member and your household income is within the cap, it is almost always the best option.

BIESS offers rates from 2.99% (Credicasa) and finances a larger share of the home value, but requires IESS membership and has price and income caps. Private banks (Pichincha, Produbanco, Guayaquil and others) ask for a 17% to 20% down payment and charge higher rates, but have no such caps. Booster Prop's pre-qualification compares both routes with your real numbers.

It depends on the loan. With Miti-Miti the down payment starts at 5% of the home value; with BIESS Credicasa it can be even lower in the lowest bands; with a private bank usually 17% to 20%. In off-plan projects the down payment is typically paid in installments during construction.

Nothing. The buyer pays no real-estate commission and nothing for the mortgage management. Booster Prop works through direct agreements with developers, so the price you see is the developer's price.

Today we have verified new developments in northern Quito, Cumbayá and Tumbaco, with apartments and houses from USD 98,000. We add projects every month; subscribe to the newsletter to hear first.