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FIRST HOME

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Romania Seeks to Double Loan Cap Under Subsidized Mortgage Lending Program
Real Estate

Romania Seeks to Double Loan Cap Under Subsidized Mortgage Lending Program

Romania's government plans to revamp the First Home subsidized mortgage lending program by raising the loan ceiling for new builds to EUR140,000, double compared with the current EUR70,000.

Oana Gavrila · 13.07.2020 · 11:00 · 1 min
Guarantee Fund Signs Agreement with 29 Banks to Allow Moratorium on First Home Loans
Banks-Insurance

Guarantee Fund Signs Agreement with 29 Banks to Allow Moratorium on First Home Loans

Romania's guarantee fund said Wednesday it has signed agreements with 29 banks to grant facilities on rescheduled interests for state-guaranteed mortgage loans for debtors whose income was a...

Oana Gavrila · 06.05.2020 · 12:01 · 1 min
Romania Seeks to Extend First Home Program to Vulnerable Categories
Social/Politics

Romania Seeks to Extend First Home Program to Vulnerable Categories

Romania's subsidized mortgage lending program for first time homebuyers will include 100% guarantees for people in vulnerable categories, compared with the regular 40% loan guarantee, accord...

Oana Gavrila · 10.03.2020 · 13:45 · 1 min
First Home Program Continues in 2020 with RON2B Guarantee Budget
Real Estate

First Home Program Continues in 2020 with RON2B Guarantee Budget

Romania's subsidized mortgage lending program for first time homebuyers will continue in 2020 and has a guarantee budget of RON2 billion, the same as in previous years.

Oana Gavrila · 05.02.2020 · 16:32 · 1 min
Government Approves RON2B Guarantee Budget for 2019 First Home Program
Banks-Insurance

Government Approves RON2B Guarantee Budget for 2019 First Home Program

Romania's government on Tuesday approved a guarantee budget of RON2 billion this year's state-guaranteed First Home program for first time homebuyers.

Oana Gavrila · 19.02.2019 · 18:36 · 1 min
Nearly 40% of Funds for State-Backed Mortgage Loan Program Depleted
Real Estate

Nearly 40% of Funds for State-Backed Mortgage Loan Program Depleted

Nearly 40% of this year's RON2 billion state guarantee budget for the government-backed First Home program has been depleted, said guarantee fund general manager Alexandru Petrescu.

Oana Gavrila · 03.05.2018 · 12:23 · 1 min
SME Guarantee Fund Sets Off First Home Program Whose Budget Reaches RON2B In 2018
Companies

SME Guarantee Fund Sets Off First Home Program Whose Budget Reaches RON2B In 2018

Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) will start, within the legal deadline, the procedure for the annual assessment of the way the guarantee ceil...

Ecaterina Craciun · 12.01.2018 · 12:45 · 1 min
Government Approves RON2B Budget For 2018 First Home Program
Real Estate

Government Approves RON2B Budget For 2018 First Home Program

Romania's government on Wednesday approved the 2018 edition of the state-guaranteed First Home program for first time homebuyers with a total guarantee budget of RON2 billion.

Oana Gavrila · 10.01.2018 · 15:05 · 1 min
SME Guarantee Fund to Focus on SMEs as First Home Program Slows Down
Companies

SME Guarantee Fund to Focus on SMEs as First Home Program Slows Down

Romania's guarantee fund for small and medium-sized enterprises (SMEs) will focus more on helping businesses secure loans, as a government-backed program for first time homebuyers currently...

Oana Gavrila · 05.09.2017 · 15:55 · 1 min