If you want to buy an apartment, you have a number of options to choose from, but generally speaking, customers tend to opt for home loans because they offer the best conditions and the lowest interest rates compared to other credit schemes.
Housing loans have a maturity of up to 35 years, the loan amount can be up to 50 million forints and the development of repayment installments is also favorable.
The eligible amount is 80% of the estimated market value of the underlying property, but may include a secondary property, or a taxpayer, as well as a Family Housing Discount, that is, a or a personal loan, up to 100%. can be achieved. Of course, there are other methods, for example, you can find a property that has a lower purchase price than its market value, so you can easily make a home loan without self-sufficiency. The cover may be any home or exterior property, such as a family house, apartment, row house, holiday home, weekend house, or even a building site.
The conditions for applying for home loans do not differ from other secured loans. The age of 18 is mandatory, as is the minimum of three months of employment. If you are a pensioner, you can also resolve your last three-month bank statement or pension notification. Hungarian citizenship or, in the case of a foreign national, a permanent Hungarian address is also required, and your income must reach the minimum wage. And the most important criterion is: of course you can’t be on the negative debtor list! The home loan is judged upon receipt of the complete documentation and the administration takes about two weeks; during this time, the valuation and the evaluation will be completed, and after the signing of the contract, it will be disbursed the next day!
If you want to add a home loan and the conditions can be met for you, make sure to compare the available offers to make the best of them! Do you have any questions about home loans ? Contact us for more information, please help!
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