Nearly USD 90 billion. This is the value of mortgage loans at the end of September 2014 (these are the latest available data) granted by the Home Lends bank.
Looking at the entire market, Home Lends is second to none
At the end of the third quarter of 2014, the value of all loans granted by banks in Poland was USD 351.8 billion. And although Home Lends is still seen from the perspective of the bank for an older, conservative customer, more and more young people are using its services.
Especially with mortgage products. For a long time, it has been honoring different sources of income, and the wide financing offer means that, month by month, the Home Lends brand strengthens its position on the Polish market by regularly increasing the number of customers , especially mortgage.
Special conditions until February 20!
And there may be even more. All thanks to a special promotion. Until February 20, Home Lends organizes Open Days for Mortgage Loans. Customers who visit a bank outlet during this time have a chance for an extremely cheap loan, with a margin of 1.3% and zero commission.
All you need to do is submit a complete mortgage application by March 20 and sign the loan agreement within 30 days from the day the loan decision is taken.
The maximum loan period is 35 years
Once a year, each customer can take advantage of credit holidays, i.e. the option of suspending the repayment of one installment. The offer of grace period, which may last up to 36 months, is extremely interesting. This solution is of particular interest to customers who buy real estate under construction. It allows you to save on loan costs. During the grace period, the customer only pays interest.
The own loan is intended primarily for the purchase of real estate (house, flat or plot), but money can also be used to repay a housing loan at another bank. An interesting option is the possibility of allocating up to 1/4 of the loan amount for any purpose. You can finance, for example, a credit card or buying a new car.
But that’s not all. Home Lends supports families. Everyone who has a Large Family Card – for the record – is for families with a minimum of three children – they can take advantage of half the commission (compared to to the standard offer). In addition, the bank will not impose a fee on controlling real estate: before the conclusion of the contract, before the payment of the loan tranche, and also at the time of payment of the last tranche. This unique promotion for a large family is available until August 31, 2016.
Promotions are especially attractive compared to the standard offer. In this commission, it can amount to even 3.5 percent. the value of the entire loan.
Loan for the first flat
The bank also offers MDM Mortgage Loan, a special product for singles, persons up to 35 in the marriage relationship and for those who are raising children on their own. Importantly, such a loan may be granted for the purchase of the first apartment or house.
MIX Mortgage Loan is an extraordinary product. It is a combination of a regular mortgage loan and a loan for any purpose. In this variant, the bank can borrow money both for the purchase of an apartment and for a luxury vacation or car. In both cases, the loan is secured by a mortgage on the property.
Home Lends is one of the few banks on the Polish market that has such a wide offer of financing the purchase of real estate. The loan is not the cheapest in comparison to the competitors’ proposals, however, its undoubted advantage is its high availability. Because only such a tycoon as Home Lends is able to offer an offer practically for every customer.