Mortgage loans: Banco Nación increased the loanable amount and added new destinations to its financing line

Mortgage loans: Banco Nación increased the loanable amount and added new destinations to its financing line

September 2, 2024 – 19:34

From now on, the new maximum loanable value will be 230,000 UVAs ($261 million to date or $201,000 at the MEP dollar exchange rate). The BNA line is also the only one on the market that offers a rate cap option based on the CVS index.

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He National Bank (BNA) improved the conditions of its mortgage line “+Homes with BNA” and, from now on, the new maximum loanable value will be 230,000 UVAs ($261 million to date or $201,000 at the MEP dollar exchange rate).

In addition, it is It incorporates the destination of second home into the destinations of acquisition, change, construction, expansion, renovation and construction.

For the segment of rate of 4.5% APR, the amount is raised loanable at 135,000 UVAs ($153 million to date or $118 thousand at MEP dollars), The enabled destinations are the acquisition, change, construction, expansion, renovation or completion of a single home, provided that the clients receive their salaries in the BNA.

Mortgage loans: Banco Nación’s numbers since it launched the financing line

Three months after its launch, the entity already received 40,539 applications, of which some 7,000 are already in the housing search or deed registration stage.

He 87% of these operations subscribed to the CVS index quota cap option, an alternative of which the BNA is the only provider on the market, which makes +Hogares an innovative and convenient product, which will allow housing developers to obtain better financing.

It is also stressed that The total financial cost (CFT) is 4.72% for those cases that have a rate of 4.5% APR and 6.54% APR for those who opt to contract the quota cap through CVS.

62.2% of applications are aimed at the acquisition of housing, while 12% is for construction; another 12% for expansion; 10.61% for a second home and 3.18% for exchanging property.

The average age of users who requested the loan is 41 years old, Of which 40.4% are women and 59.6% are men. While the districts that received the most applications were Buenos Aires, CABA, Cordoba, Mendoza and Santa Fe.

Source: Ambito

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