Romanians To Pay 25% Upfront For Mortgage Loans In Euro

11.01.2011 By Andrei Circhelan

Banks in Romania will require a down payment of at least 25% for mortgage loans in euro and 40% for mortgage loans in other currencies, if the client’s incomes is not expressed and indexed in the currency in question, according to new lending regulations developed by the central bank.

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Keywords:
CENTRAL BANK
, LENDING
, REGULATIONS