FIRST HOME
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First Home Loans Reach 40% Of Home Buying Loans
Mortgage loans sold through the ‘First Home’ scheme now account for almost 40% of the total home buying loans, meaning bankers passed 20% of the risk on to the government, which pays half of...
Romania Plans To Change "First Home" Into "New Home" Program
Romania’s new government intends to replace the "First Home" program with the "New Home" one, which will only facilitate the acquisition of new homes.
"First Home" Program To Continue Next Year With Unused 2012 State Guarantees
The Romanian state supported “First Home” program will continue next with the state guarantees that were not used in 2012, according to a decision approved by the Government Tuesday.
Romania Amends Norms On Home Exchange Through “First Home” Program
Romanians who bought a home through the state supported “First Home” program from sellers other than real estate developers may use the scheme again to exchange the dwelling for another one,...
Romania To Continue “First Home” Program In 2013, Supplements Ceiling By EUR200M
The Romanian Government will continue the “First Home” program in 2013, with additional guarantees of EUR200 million that should last by midyear, according to a decision draft published on F...
Credit Agricole Bank Romania To Raise Ceiling For First Home Loans By EUR4M
Credit Agricole Bank Romania on Wednesday said it will increase by EUR4 million the ceiling for loans granted under the state-supported First Home program, following approval by the National...
BCR Has EUR45M For Local Currency Loans Under First Home Program
Romania’s Banca Comerciala Romana has received an additional EUR45 million for the First Home program, which it intends give out as loans in lei as soon as legislation amendments to the prog...
Was ‘First Home’ Created For Banks Or People?
About 72,000 Romanians have borrowed more than EUR2.8 billion to buy a home through the “First Home” scheme in the last three years, but the money was mostly spent on old apartments, accordi...
BCR And BRD Get Another EUR105 Million For First Home Loans
BCR and BRD, Romania’s leading banks, got an additional EUR105 million to their guarantee cap for the sale of mortgage loans via the government-backed “First Home” scheme.