With the successive fiscal surpluses that the government balance presented, lBanks are forced to have to lend money to private individuals again. This is why UVA credits are back on the table as a possibility to access the own home.
In this context, the team Channel E communicated with Ivan Brionescommercial director of Kohon Studiowho spoke about the return of mortgage loans.
UVA credits
“Since the state does not have a deficit, “Banks are forced to go out and lend money.”said Briones, who then added: “Banks have to come out with collateral loans to have any profitability.”
“There are amounts of up to 250 million pesos and the fee cannot exceed 25% of the salary,” said the interviewee. “Although the UVA credits were criticized by many, those who took them are paying much less than the rent.”he added.
Along the same lines, the expert said that there are also collateral loans. “More than 80% of banks’ funding today is done with savings accounts and checking accounts, fixed terms are not going to affect funding,” he concluded.