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Petersen Group banks launch mortgage loan lines

Petersen Group banks launch mortgage loan lines
Petersen Group banks launch mortgage loan lines

Up to 75% of the value of the property to be acquired will be financed, with a repayment period of up to 20 years, adjustable by UVA (Purchasing Value Unit).

The four of them banks of the Petersen Group They launched their new lines of UVA mortgage loans in pesos and with terms of up to 20 years, specially designed to provide access to own housing in the provinces of Santa Fe, Entre Ríos, San Juan and Santa Cruz.

The new loans will be available starting next Tuesday the 25th and They will allow financing up to 75% of the value of the property to be acquired, with a repayment period of up to 20 years and will be in pesos adjustable by UVA (Purchasing Value Unit), plus a nominal annual fixed rate of 5.5% for clients who collect salaries in each of the banks and 7.5% for those who do not receive their salaries in said entities.

“From our banks we design a solid, accessible and long-term financial solution for those who want to fulfill the dream of having their own home,” indicated from the Petersen Group, and they highlighted that “with this tool we offer a value proposition so that clients can continue to carry out their projects with the help of the local bank.” In addition, they highlighted the 12-month fire insurance bonus as a differential.

The loans allow financing up to 75% of the value of the property, with a maximum of 200 million pesos and a minimum of 10 million pesos.

The requirements to access are:

* Being over 18 years

* Be up to 70 years old at the end of the loan.

* Have a minimum net income of 1 million pesos (other income of one’s own and/or with a spouse/cohabitant can be added)

* Have a minimum of 1 year’s work experience.

* The fee/income ratio should not exceed 30% of the applicant’s net income for banked clients and 25% for unbanked clients.

Applications for the new mortgage loans will be available starting June 25 through the websites and branches of the Santa Fe, Entre Ríos, San Juan and Santa Cruz banks.

Source: Ambito

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