FIRST HOME
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Beneficiaries Of First Home Program May Buy A Bigger Home As Of October 1
Government-backed mortgage lending First Home program was amended as of October 1, so that the beneficiaries of a home bought through the program can buy a bigger, more expensive home guaran...
150,000 First Home Loans Worth RON25B Granted Since 2009
The banks participating to the First Home scheme have granted more than 150,000 government-secured loans worth 25 billion lei (EUR6 billion) to people looking to buy a home since 2009.
Over 15,600 Guarantees Granted Under First Home Program In 1H 2015
Romania's national guarantee fund for SMEs (FNGCIMM) has granted over 15,600 guarantees under the government-backed mortgage lending First Home program in the first half of the year, up 40%...
First Home Loan Applications Increased 30% This Year
Applications for guarantees on mortgage loans under the First Home program increased 30% this year and the guarantee fund recommends pre-sale agreements of at least 30 days.
Over Half Of First Home Loans, Granted By Two Banks
BCR and BRD, the top two banks in Romania by asset size, have granted over 55% of the 130,000 loans approved since the launch of the First Home scheme, in 2009.
First Home Beneficiaries May Buy Bigger Home Under State-Guaranteed Program
Homeowners who are beneficiaries of the government-guaranteed mortgage lending First Home program will be allowed to buy a bigger or more expensive home under the program, according to a dra...
Banca Romaneasca Can Give RON124M Loans Under First Home Program In 2015
Romanian lender Banca Romaneasca, member of National Bank of Greece group, estimates it will grant mortgage loans worth RON124 million under the state guaranteed mortgage lending First Home...
CEC Bank Can Give Loans Of RON735M This Year Under First Home Program
CEC Bank will be able to grant loans totaling RON735 million this year under the state guaranteed mortgage lending First Home program, the bank said in a statement Thursday.
BCR Expects To Give 7,500 First Home Loans On RON490M Guarantee Cap
BCR, Romania's largest bank by assets, has been assigned a guarantee cap of RON490 million for the First Home program and estimates it will grant over 7,500 mortgage loans under the program,...