In the first half of the year, Ivan brokered approximately 30 loans with an overall value of EUR300,000.
“Banks which hiked required down payment by up to 20-25% following the implementation of the law (e.n. – on debt discharge) have more potential clients than the banks which made hasty decisions,” Ivan stated.
The broker added that eligible clients should go for mortgage loans despite the higher required down payment.
The main aspects which should be taken into account when contracting a loan are the loan’s costs but most of the clients who don’t have the necessary required down payment opt for banks with lower required down payment although they don’t necessary have the best interest.