Interest-Free Housing Loans through Government Support

It is also possible that the state shall support through interest-free housing loans and provide bank financing

. The state-owned institutes does not offer interest-free housing loans, but they may consult the state funding in the form of soft loans. This can sometimes be mortgages used with conditions far below the general market interest rates. These loans are also granted for young families, and the constructions of passive establishment are also eligible. In this case, the application for loans with government support can be submitted to the bank, latter to the disbursement of the loan amount, this should be forwarded and monitored by the bank.

Interest-Free Housing Loans through Government Support

By: Trina Colon

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