FAQ
- A wide range of types of income are accepted: wages, child raising allowance, dividends, rents. You can double the amount of credit if you come with a codebtor.
- The International Bank Account Number (IBAN) is an account number structured according to ECBS (European Committee for Banking Standards) standards, its purpose being to facilitate automatic processing for transfers international. In Romania, it has 24 characters
- The NDIP (Natural disaster insurance policy) and Optional insurance for the completed building, brought as collateral and assigned in favor of the Bank, during the loan period (with annual renewal)
- to be free from obligations
- not to be the subject of a litigation
- to be included in the civil circuit
- not to be damaged, incomplete or in an advanced stage of wear
- Yes, child raising allowances are considered eligible income and taken into account, as main or secondary income (depending on the bank).
- No, "New Home" is a Government Program and the maximum interest margin is established annually by the law. The annual interest rate being calculated based on the formula: CLB (Consumer loan benchmark) fixed margin at 3 months + index (index set by the central bank). In 2020, the interest rate was: fixed margin 2.00% + CLB index at 3 months.
- the FNGCIMM commission
- the 3 interest rates, blocked in your bank account, during the loan period
- notary fees
- real estate insurance
- In order to benefit from 0% interest, you must repay 100% of the balance communicated in the account statement, in monthly installments, until maturity
- the number of installments may vary and is displayed by the merchant and printed on the POS receipt
- Financial approval means that the bank has established the amount of loan you are eligible for, according to your income. It is valid between 30 to 90 calendar days. This gives you the guarantee that you will receive the approved amount within this period. You have the time and tranquility to look for the desired home.
- Early repayment is the advance payment of an amount of the loan balance, at any moment before the final maturity
- The total or partial early repayment of the loan will be made to the borrowed (principal) loan, to which is added the payment interest until the day you make a request for advance payment. When you wish to make a partial early repayment of the loan you can opt to reduce the loan period or the rate.
- Regular advance payments can reduce your interest rate considerably