Banco Entre Ríos launched its new line of UVA Mortgage Loans in pesos and with terms of up to 20 years, specially designed to provide Entre Ríos residents with access to their first or second home.. According to what was reported by the entity, they will be available starting next Tuesday, June 25.
Mortgage Loans from Banco Entre Ríos: the details
The new line of home loans allows financing up to 75% of the value of the property to be acquired, with a maximum of 200 million pesos and a minimum of 10 million pesos. They have a repayment period of up to 20 years and are in pesos adjustable by UVA (Unit of Purchasing Value), plus a fixed annual nominal rate of 5.5% for clients who collect salaries at Banco Entre Ríos and 7.5% for those who do not receive their salaries in the entity.
“At Banco Entre Ríos we design a solid, accessible and long-term financial solution for those who want to fulfill the dream of having their own home,” they indicated from the entity, and highlighted that “with this tool we continue to be close to all Entre Ríos residents, creating and offering value proposals so that they can continue to carry out their projects.” In addition, they highlighted the 12-month fire insurance bonus as a differential of this new line.
“Banco Entre Ríos, the most important financial entity in the province, continues in constant innovation and growth to offer better services and personalized attention, accompanying the growth and development of the entire community. Now, with the new Mortgage Loans, Entre Ríos residents They have the opportunity to own their own home, in their locality, with the local bank. they finished.
Loans from Banco Entre Ríos: the requirements
– Being over 18 years.
– Be up to 70 years old at the end of the loan.
– Have at least 1 year of work experience and a minimum net income of 1 million pesos (other income of one’s own and/or with a spouse/cohabitant can be added).
– The fee/income ratio should not exceed 30% of the applicant’s net income for banked clients, and 25% for unbanked clients.
Applications for the new mortgage loans will be available starting Tuesday, June 25 at www.bancoentrerios.com.ar and in all branches.
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