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Hungary Overseas Mortgage
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Hungary Overseas Mortgage
We have overseas mortgage lenders who will :- give 100% mortgages accept adverse credit history mortgages with no deposits.
Type of Loan: available on a Repayment basis only
Minimum: HUF 1,000,000 or an equivalent amount in foreign exchange
Maximum loan amount:
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Individual applications: 70% LTV (Maximum 50m HUF, €200,000)
Effectively non-status, as long as you can provide income statements/pay slips and bank statements. These documents are not used in calculating how much you can borrow
If cannot provide any documentation, then 40% LTV
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Company applications (Bt & Kft): 50% LTV
We have a flourishing 'self cert' scheme both in Sterling and Dollar. It's very popular and has the same interest rates as full status.
Proof of Income: Non-Status loans are available - see above
Term:
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Individual applications: 25 Years
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Company applications: 10 Years
Current Interest Rate:
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Individual applications: 5.99% for Euro and 5.49% Swiss Franc
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Company Applications: 3 month EURIBOR + 5% = 7.35% (Euro)
3 month CHF LIBOR + 6% = 6.955% (Swiss Franc)
Above rates include all handling charges applied by lender
Development and construction finance for residential, commercial and industrial property also available – details upon request
All Hungarian lenders build in a compulsory service charge into the above rates which is paid along with the interest payment in a single monthly payment. The interest rate is the total cost to the borrower.
The frequency of the interest payments will influence the effective annual interest rate and hence the monthly repayment.
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Hungary Overseas Mortgage
Hungary Overseas Mortgage
This wonderful country brims with culture and natural beauty. Budapest - one of the finest capitals in the world, Lake Balaton - Europe's largest freshwater lake, and numerous nature conservation areas await visitors, lovers of culture or nature alike. Those who seek rest and rejuvenation will turn to one of our many thermal spas, famous for their natural healing spring water.
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Any Purpose Loans
£100 to £100,000
We have one of the shortest application forms on the internet today. We search a large number of reputable UK Loan Lenders to find you the very latest loan deals.
We have exclusive Loan Lenders that you will not find anywhere else. Apply today with confidence. Get started now...
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