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BIESS has modernized InmoBiess, a web platform where affiliates and retirees can review qualified housing projects and estimate mortgage payments. The tool includes projects by city, price and number of bedrooms, but it does not replace the formal credit evaluation.
Net housing reservations in Ecuador rose 28% from January to April 2026 compared with the same period last year. Builders now project that annual housing sales could reach or exceed 40,000 units if favorable conditions continue.
BIESS has three mechanisms for affiliates, retirees and pensioners with pending mortgage obligations: refinancing, restructuring and novation. The options are designed to reduce late-interest pressure, protect credit history and avoid legal action tied to missed payments.
El Mercurio reports the Biess Credicasa mortgage plan has received 1,600 requests nationwide for more than $81 million. The plan offers a 2.99% mortgage rate for homes up to $65,000.
Primicias reports that mortgage-credit disbursements grew 22% in the first quarter of 2026 compared with the same period in 2025. Sales, project visits and net reservations also rose, giving buyers and renters another signal that the housing market is tightening.
President Noboa has declared 2026 'the year of construction,' with sector sales up 20.5%, real estate transactions up 17.8%, and $6.5 billion in purchase-sale promises on the books through 2028. Government incentives include preferential mortgages, IVA refunds for builders, and a new social housing law.
