FIRST HOME
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BRD May Grant Subsidized Mortgage Loans Totaling RON315M
Romanian lender BRD-Groupe Société Générale has been assigned a new cap, of RON157.7 million, and may grant new mortgage loans totaling RON315.4 million under the government-subsidized First...
ING Romania CEO: People Who Took Out Loans Under First Home Program More Vulnerable To Interest Hike
People who borrowed money to buy a home under government-guaranteed mortgage lending First Home program are more vulnerable to a potential interest hike in the future compared with those who...
ING Bank Hikes Down Payment For First Home Loans On Lower State Guarantees For Old Homes
ING Bank decided to increase the down payment required on mortgage loans contracted through government-guaranteed mortgage lending First Home program from 5% to 10% due to the decrease of th...
First Home Program Could Get Guarantees Worth RON2.5B In 2017
This year's government-guaranteed mortgage lending First Home program would have a guarantee budget of RON2.5 billion, down by RON440 million compared with 2016, according to a draft governm...
2016 Guarantee Budget For First Home Program Raised By RON250M
The 2016 guarantee budget for the government-backed mortgage lending First Home program was raised by RON250 million, following requests from the banks registered in the program, according t...
First Home Program Gets Additional Funding Of RON250M
The Finance Ministry said it proposed raising the guarantee budget for the government-backed mortgage lending First Home program by an additional RON250 million, following requests from the...
Banks Could Increase Interest Rates For Old Homes Bought Through First Home Program
Finance minister, Anca Dragu, said Thursday that banks could increase interest rates for old homes bought through government-guaranteed mortgage lending First Home program, but the down paym...
First Home Program Guarantee Ceiling To Be Raised In September
The budget for the government-backed mortgage lending First Home program will be raised in September and a five-year strategy for the program will be completed in October, so prospective buy...
More Than 21,000 Romanians Bought Homes Via First Home Program In 1H/2016
Romania's national guarantee fund for SMEs (FNGCIMM) has granted over 21,000 guarantees under the government-backed mortgage lending First Home program in the first half of 2016, up 40% from...