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"New House" program to provide two categories of loans for new homes

The "New House" program will provide two categories of loans for new homes, respectively loans of up to 140,000 euros for which a down payment of 15% is charged and a state guarantee of 60% is granted, and 70,000 euros, with a down payment of 5% and a state guarantee of 50%, states the National Credit Guarantee Fund for Small and Medium-Sized Enterprises (FNGCIMM SA-IFN).According to the quoted source, the down payment of 15% and the guarantee of 60% apply only to ...

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