As emphasized by Oslo Group Commercial Manager during an interview: “Currently, the initial interest rate is the large differentialand many banks are implementing preferential rates for their clients, especially if they credit their salaries in those entities.
“As for the Buenos Aires residential market we focus on the mortgage segment intended for first home, second homeexpansions or replacements and we observed a monthly increase in both the level of consultations and the number of operations carried out with credit,” he stated.
Cordova
In Córdoba, Bancorthe provincial bank, granted 74 new loansrevealing a notable increase in the demand for mortgage loans. Since their program was launched, they delivered 320 creditsequivalent to an amount of $24,000 million.
According to them, 84% of that money goes to purchasing homeswhile 10% goes to construction and 6% goes towards expansions and/or completions. This bank offers to finance up to 250,000 UVA at a nominal annual rate of 4.90%.
They receive more than 700 requests dailyand they currently have more than 1,000 in process for the credits to be delivered.
Santa Cruz and Entre Ríos
Both in Holy Cross as in Between Riversbanks implemented mortgage loans that They cover 75% of the value of the home. This translates into an amount close to $200 millionequivalent to 200,000 UVA.
In both provinces they offer un term that reaches up to 20 years for the refund, although the requirements to obtain these credits require at least one year of work experience, whether in a dependency relationship or as a monotributista in AFIP.
Also there is a set age limit: You can be up to 70 years old by the time the loan term ends. On the other hand, An entry fee ratio of 30% is set for those who prove their salaries and 25% for those who do not, while enabling the addition of income of the spouse or cohabitant.
Chubut
The government of Chubut presented “Own House”a new line of mortgage credits. Your governor, Ignacio Torresemphasized this state measure, due to its objective of solving the housing problem in the province.
On the other hand, he also highlighted that this policy can generate new jobs and cause the revitalization of the Chubut economy. The thing is almost 10 years passed from the latest offers promoted in this area.
The financing of “Casa Propia” can reach $200 million, but those who request it must be of legal age and not exceed 65 years of age, in addition to having a minimum of 12 months’ work experience.
The availability of credits is open to all those who receive their salaries through the Bank of Chubutalthough also for self-employed workers and employees in a dependency relationship, even if they do not have proof of said assets.
Currents
The Corrientes bank proposes financing up to 80% of the lower value between the appraisal of the guarantee and the purchase value. That is to say, for construction, that percentage is financed.
The deadlines depend on the purpose: 10 years for expansions, renovations, or purchases of land, and 20 years for the purchase and construction of homes. Both have an adjustable UVA rate + 5% nominal annual rate.
Neuquen
The amounts offered by the bank Neuquen they go from $50 million to $100 millionwith terms of up to 20 years. For their part, interest rates vary depending on the type of client and the product package.
For clients who they receive their assets in the banka loan of $50 million is offered for 240 months with a rate of 3.50% TNA. There are also offers for $100 million, although with a rate that rises to 8.50% TNA.
Meanwhile, for those requests from independent clients, rates grow: 4.50% TNA for amounts of $50 million and 9.50% for $100 million.
Tucuman
Tucumanfor its part, launched a line of credit that finances properties of up to $350 millionmanaging to cover up to the 70% of the value of the first home and up to 60% of the second.
The expiration period is up to 20 years. Of course, there is a preferential rate for clients who receive assets in the bank, this being 5.50% TNA + UVA. For those who do not credit their salary there, however, the rate amounts to 7% + UVA.
The differential of this bank is that it offers a Young Linewhich is intended for those under 30 years of age who want to buy their first home. For them, financing reaches 90% of the property value.
Then, a 25% limit for clients who do not prove their salary and 30% for clients of the Selecta Salary Plan, in relation to the fee-income.
Source: Ambito
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