Ibercaja will manage the Young Mortgage of Valencia
04.10.2006
The Young Mortgage offers better conditions to those of the market to that young people who want to acquire a housing in property in the municipal term of Valencia.
The maximum amount is 300.000 euros and the term, up to 40 years. With regard to the interests, the first six months the euribor is paid only. Since then, and on a value of minor appraisal of 80 per cent, euribor + 0,37 if the credit is for less than 30 years and euribor +0,39 per cent if it is for more of this period. Also, when it is granted by more than 80 per cent of the value of appraisal, the price of the money will be to the euribor + 0,42 per cent.
In the hiring, there is no opening commission not of cancellation, and yes - other services according to the link of the client with the entity. If the young one hires certain Ibercaja services, this one assumes the appraisal expenses.
Between other innovations, also he emphasizes the payment of increasing quotas, which allows to adapt them to the needs and economic situation of the young people who sign them, not amortize up to 24 months or postpone quotas from the fourth year.
Route | Current Panorama
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