Since the beginning of the year, applications for guarantees on mortgage loans under the First Home program increased by 350% compared with the fourth quarter of 2015.
So far, BCR granted approximately 51,000 loans under the First Home program, worth over RON8.5 billion.
The guarantee ceiling for this year’s First Home program was supplemented by RON500 million, according to a decision adopted in May by the government, as proposed by the Finance Ministry.