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Without amount limit and low rate: The conditions of the first private bank that announced mortgage loans were known - La Nacion Propiedades
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Sin límite de monto y baja tasa: se conocieron las condiciones del primer banco privado que anunció créditos hipotecarios
Sin límite de monto, hasta en 30 años y con la tasa más baja del mercado para quienes cobren el sueldo en el banco y una tasa más alta para los que no sean clientes
www.lanacion.com.ar
May 3, 2024
No amount limit, up to 30 years and with the lowest market rate for those who receive their salary at the bank and a higher rate for those who are not clients.
The conditions of Banco Supervielle were known: without limit of amount, up to 30 years and with the lowest rate in the market for those who receive their salary in the bank
After 10 hot days driven by the return of mortgage credit in Argentina , hand in hand with the announcement of four banking entities: Banco Hipotecario, Ciudad (now available), Supervielle and Del Sol , the competitiveness between them is becoming increasingly more strong, with announcements of the rates, amounts and conditions to access UVA loans.
The last to share its conditions and requirements was Banco Supervielle , the first private entity to communicate its credits , which will be available from May 4. This presents the lowest rate on the market - for those who have a salary account - of 4% for the first 12 months and then 5%, with no limit on the amount and for 30 years . For their part, for clients who do not prove their salaries and for non-clients, the rate will be 8% .
The new line of credit is intended for the purchase of permanent or non-permanent housing, expansion or renovation of the property.
The new line of credit is intended for the purchase, expansion or renovation of the property
“Mortgage loans allow us to return to our natural function as a bank, which is to capture savings and channel them for long-term investment projects, or, as in this case, financing for home acquisition, generating a virtuous circle of boosting economy,” commented Patricio Supervielle, CEO of Grupo Supervielle.
Requirements to access credit from Banco Supervielle
- Presentation of identification and proof of income: the minimum income must be $1,000,000 for the purchase, and $450,000 for expansion, renovation or improvement, being able, in both cases, to joint remuneration with their spouses, cohabitants or parents.
- Documentation related to the property to be acquired or renovated/expanded.
- The credit fee may not exceed 25% of the verified Net Income.
Those interested will be able to carry out an online simulation from the entity's website to obtain information about the fees and also the requirements, conditions, and receive the support of an executive in the application and granting process.
The conditions and requirements of the other banks
City Bank
To buy a house in AMBA, Córdoba, Mendoza, Tucumán or Salta:- Those who already collect or migrate the accreditation of their salary to Banco Ciudad can access
- The credit is to buy, renovate, improve or expand a permanent or non-permanent first or second home in all areas of influence of Banco Ciudad ( AMBA, provinces of Córdoba, Mendoza, Tucumán and Salta ).
- The maximum loan amount is $250 million (up to 75% of the sales value of the unit to be acquired)
- The general line has an interest rate of 5.5%
- The capital is adjustable by UVA
- The terms are for 10, 15 and up to 20 years
- The fee should not exceed 25% of the income of the applicant and/or their family group
To buy a house in downtown Buenos Aires:
For those who carry out a transaction to purchase a single family home with permanent occupation in the downtown area, the interest rate is 3.5%. The other requirements are those already detailed in the previous line of credit.
It is important to indicate that the downtown area is the one located within the perimeter included by the Sustainable Urban Development Fund (Fodus) program that includes San Juan Avenue, Entre Ríos Avenue, Sta. Fe Avenue, Leandro N Avenue. . Alem, Avenida Paseo Colón, on both sidewalks. The Buenos Aires Government's plan to promote the reactivation of the downtown area includes tax benefits for developers who convert offices into homes or facilities for those who move to the downtown area as tenants. Now add this line of credit for those who want to buy a home in that area .
Banco Ciudad presents a differential rate to buy in the Buenos Aires microcenter
Hipotecary Banc
The requirements that the Mortgage Bank sets as a condition to buy, build, finish or expand a house are the following:- The credit is for up to $250 million in a single disbursement in the case of a home purchase. For construction the amount is the same but with an advance payment and two disbursements against progress of the work. In the case of termination or expansion, it is up to $125 million in a single disbursement.
- They finance up to 80% of the home to buy or build . Up to 50% in case of completion of work. And 100% for expansion.
- The credit must be used for the purchase, construction, completion or expansion of a first or second home .
- It has a rate of 8.5% . The first 12 installments for clients with bank credit have a rate of 4.25%, which means a 50% promotion in the first year (with the total financial cost: final rate of 8.65%; 4.4% final the first year for salary accounts).
- The maximum payment term is 360 months (30 years) .
- The capital is adjustable by UVA .
- The monthly fee payable cannot exceed 25% of the applicant's income.
Sun Bank
The Sancor Seguros digital bank will join the mortgage market to offer its clients financing options in UVAs for the purchase, construction, expansion and/or renovation of a home. This is the second private bank to announce the return of loans, but has not yet made its conditions and requirements public.www.buysellba.com
