In the midst of a gradual opening that different entities are carrying out throughout the country, this Monday Bancor joined in and launched a new line of mortgage loans.
The Bank of Córdoba gave the kickoff in the interior of the country by making this announcement that was chaired by Governor Martín Llaryora.
“They are up to 24 months with the possibility of extending it adjusted with UVA. The same rate that we are applying. We are the only bank that is financing 100 percent of the cost of the home, or the cost of construction. Another important issue is that the income of the spouses can be added to be able to take out the credit,” said Raúl Paolasso, president of the entity.
Bancor mortgage loans, in detail
The mortgage line is for the acquisition, construction and expansion or completion of housing and has a limit of 50 billion pesos.
They are intended for families in Córdoba and also for single-parent households, single people without children, and there is the possibility of adding contributions from the family group such as parents, spouses and cohabitants.
- Mortgages grant a maximum per applicant, to date, of 90 million pesos and have financing of up to 20 years in Uvas with a TNA of 4.90%, the lowest in the market, throughout the entire term.
- The initial loan is 17 million pesos (20 thousand Uvas), with a payment close to 115 thousand pesos and with required income of 470,000 pesos.
- Meanwhile, for the maximum amount the fee is 554,000 pesos and income of 2,250,000 pesos must be collected. This means that, for both cases, for every 10 million pesos, the fee is 66,150 pesos, to date.
- The management of the entire loan is 100% digital and begins on the Bancor website: www.bancor.com.ar, with personalized online support along with an advisor who guides the entire process.
- The Bank of the Province of Córdoba established a quota of 35 billion pesos to finance construction, expansion and completion; and 15 billion pesos for the purchase of a single home for permanent occupancy.
- These funds, which will be injected into the market to respond to housing demand, will mobilize the real estate market and the construction industry in Córdoba.
- The properties that can be acquired with the credit and with the suitable bank are gathered on the digital platform apptocreditos.bancor.com.ar
From there, interested parties can access the offer of the main cities throughout the province, in an agile, complete and secure way. And, in addition, owners and real estate agencies have the possibility of adding their properties for sale so that they enter the system.
Bancor Personal Loans to improve the house: conditions
Added to the mortgage loans is a line of personal loans for housing for construction materials, furniture and home equipment for an amount of up to 16,800,000 pesos.
This is the UNA line, an agile financing with a single signature, and a very low rate of 49% with terms of 12 and 24 months, and with the option in Uvas at 4.9% per year and a term of up to 72 months.
These loans are managed directly at participating businesses without going through a Bancor branch. The corrales and shops for home included They are on the BANCOR website
Financing of materials with the Cordobesa Card
- Together with the Chamber of Hardware, Sanitary, Iron and Related, plans of 3, 6, 9 and 12 fixed installments are offered in participating businesses.
- The purchase amount will be from 1 million to 14 million pesos, depending on the credit rating.
- This allows access to purchases of artifacts, materials, or needs that can be covered in the first instance with a Cordobesa Credit card.
Bancor developmental line loans, including
Development companies that have an agreement with Bancor are included in the mortgage line.
Their offer of housing (houses or apartments) or construction on lots that do not yet have deeds is also available and suitable to be financed with these credits and the same conditions apply as the rest, with the developer being the one who guarantees each operation so far. of the writing.
Construction materials at lower prices
Bancor adds an additional benefit for borrowers of construction, expansion and completion loans: a 10% discount on purchases made with a Cordobesa debit card in businesses affiliated with the Chamber of Hardware, Sanitary, Iron and Related Stores, and also 3-year plans ,6,10 and 12 installments for purchases with a Cordobesa credit card.
Preferential fees, lower costs
Bancor’s alliances with the professionals involved in the purchase, appraisal and deed processes add another point in favor, on the way to reducing costs for those requesting the mortgage loan.
Notaries have reduced fees, appraisers also apply a preferential rate to prepare their reports; and real estate professionals affiliated with the Professional Association of Real Estate Agents (CPI) and the Chamber of Real Estate Brokers (CACIC) contribute properties that the bank certifies and publishes on its APPTO platform to provide greater security and agility to the process.
The presentation was also attended by the Minister of Production, Science and Technological Innovation, Pedro Dellarossa; the general secretary of UOCRA, Néstor Chavarría; the president of the Chamber of Real Estate Brokers, Lucas Bergo; the president of the College of Real Estate Professionals, Alejandro Hadrowa; the vice president of the Chamber of Hardware, Sanitary, Iron and related, Agustín Requena; among others.
Mortgage loans: the banks that have joined so far
Last Friday, a new bank joined those that offer mortgage loans at UVA to be able to afford your own home.
This is the Supervielle bank, which mentioned that this line of credit is “without limit on amount” and “up to 30 years” with reduced rates for clients and non-clients.
As indicated by the entity, the rate for those who receive their salary there is “4% for the first 12 months and then 5%”, while for “clients who do not prove their salaries, the rate will be 8%” and the same “It will also be available for non-customers.”
This new line is designed for those who want to acquire their own home, permanent or non-permanent, or for those looking to expand or renovate their property.
Those interested must present identification and proof of income to advance in pre-classification and, then, documentation of the property to be acquired or renovated.
For the acquisition, your minimum income must be $1,000,000, and $450,000 for expansion, renovation or improvement, and you may, in both cases, share salaries with your spouses, cohabitants or parents. Meanwhile, the credit fee may not exceed 25% of the verified net income.
The details of this new line, with an online simulation, are available from the page supervielle.com.ar.
