Book now an apartment in Magnolia Residence Sibiu with a term of delivery in 2019 and Marfin Bank offers you a Mortgage or First House, maintaining the current credit conditions until the credit is drawn.
What changes does the new year bring? How will the new changes of the banking system affect me when contracting a loan?
These two questions seem to be lately on the lips of all the clients interested in contracting bank loans since the new regulations regarding some lending conditions were published, which implies a decrease in the level of indebtedness allowed when contracting loans in lei and in foreign currency.
If, until now, some banks have accepted for borrowing a degree of indebtedness even of 70%, from January 1, clients of banks and IFNs will be able to indebted up to a maximum of 40% of the net income for loans in lei, and in the case of foreign currency loans, the threshold will be maximum 20%. For loans granted through the Prima Casa program, the threshold will be maximum 45%. These changes will be applied only to new loans contracted
The most affected will be the clients with medium and small incomes because for them the loans will be more difficult to access, but for them, Magnolia Residence Sibiu in partnership with Marfin Bank Sibiu come to meet them with an offer because the changes announced on the degree of indebtedness not to prevent them from fulfilling their dream of buying a home in 2019.
Thus, the clients who formulate a loan application until 31.12.2018 and obtain the approval or financial approval using the current credit risk criteria (indebtedness degree), will be maintained in 2019 the same risk criteria used at the date of the application formulation. loans, provided they meet the same eligibility conditions and maintain their current income and payment obligations in 2019. In other words, the credit application formulated and (pre) approved by Marfin Bank until 31.12. 2018, will be valid throughout 2019, provided that the income and payment obligations of the applicants as well as the continuity of work are maintained at the same level as the date of the application form.
The same rules apply in the case of applications for loans granted through the governmental program Prima Casa as well as in the case of the reservation of funds available through this program.
The Prima Casa program was implemented in 2018 through 15 financing banks, including Marfin Bank, which from December this year offers its clients the possibility to reserve the funds allocated in this program for a period of up to 18 months. .
Marfin Bank Romania SA has been present on the Sibian market since 2007 and serves its clients through the agency from Scoala de Inot Street, Block 2C, ground floor (opposite the Golden Tulip hotel).
The offer is valid until 31.12.2018 and for more information the clients can contact the consultants Marfin Bank Sibiu, the agents Magnolia Residence Sibiu and the credit broker Smart Credit Finance.
It is very important to be extremely knowledgeable before committing to a medium or long term contract and that is why both bank consultants and credit brokers can come to you with various offers offering all the information and solutions needed to contract the one. more suitable offers respecting the legislation in force.
Article provided by: Smart Credit Finance
Partners: Magnolia Residence Sibiu and Marfin Bank