What are the conditions for the New Home loan?
The New Home Loan is a solution to make your dream come true. 🏠
Here are the conditions below:
➤⠀you musthave net, permanent income
➤⠀tohave the minimum down payment required from the purchase price of the home, i.e.
❶⠀5% discount for all categories of completed dwellings, regardless of their age, with a maximum purchase value of 70,000 euro or the equivalent in lei (maximum credit granted 66,500 euro or the equivalent in lei)
❷⠀15% discount for new/consolidated dwellings, not older than 5 years, with a purchase value between 70.001 euro and 140.000 euro or equivalent in lei (maximum credit granted 59.500 euro, respectively 119.000 euro or equivalent in lei)
➤⠀meetall the eligibility requirements according to the bank's internal lending rules
Tips: The down payment covers the difference between the purchase price resulting from the preliminary purchase agreement and the guaranteed financing.
You can find out more about the credit by here.