We want you to stay up to date! Here you may consult everything you need to know about mortgages before requesting it from the Third Notary of Montería.

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> Requirements
> Frequently Asked Questions

What is a mortgage?

This process is done when a person or financial entity is loaned a sum of money, and this ensures the payment by placing the property or asset as a guarantee. Mortgages are always done via a public deed.


  • National ID cards of the debtor and creditor.
  • If one of the parties is a legal person, it is necessary to have a certificate of existence and legal representation.
  • Copy of the public deed.
  • A letter that approves the credit, if the creditor is a financial entity.
  • Certificates of good standing for property valuation and taxes.
  • Certificate of tradition and freedom and a copy of a public deed that demonstrates that the person with the mortgage is the property owner.
  • This may be constituted via a power of attorney (consult with the notary).

Frequently Asked Questions

What types of mortgages are there?

There are two types of mortgages: A closed one, which guarantees the payment of a specific debt with invariable conditions and there is also an open one, which covers various debts and its value can change.

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