Bancpost has decreased the down payment required for mortgage loans to a minimum of 25 percent for loans in the local currency and to 35 percent for loans in euros.
The new lending conditions are applied for loans amounting to maximum EUR 150,000, with life insurance and for real estate properties that represent the primary residence of the borrower. The reduced down payment will be applicable to properties in cities with more than 15,000 inhabitants.
“Despite the risks generated by the entering into force of the debt discharge law, we have adjusted the down payment to a level that balances the risk profile associated with the lending products and facilitates customers’ access to financing of residential property. This initiative aims to support the needs of our clients and the further development of the real estate market”, said Ana Popescu, executive manager Household Lending.
Bancpost is present for 25 years in the local market, with a network of 147 branches and 7 corporate business centres.
Georgiana Bendre