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Bucharest
March 6, 2021
BUSINESS

Millennium Bank offers mortgage loan conditions comparable to First House

Millennium Bank provides a mortgage loan with benefits comparable to First House conditions. According to a press release, the minimum down payment is of only 10 pc, and the margin applied to 3-month Euribor/Robor starts from 5 pc, depending on the financed amount and clients’ option to transfer their income to the bank. In addition, for the standard Mortgage Loan, the client does not have to pledge a collateral deposit and does not pay an annual fee, such as the one for the National Guarantee Fund of SME Loans. The bank used the entire limit of EUR 6.5 M granted by the National Guarantee Fund of SME Loans for First House loans.

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