Fayora Imobiliare is the BCR partner for the My Home credit loan!
Contact Fayora Imobiliare and we will work together with the BCR advisor to analyse your needs, and then we will counsel you all the way till you purchase your new home! We were chosen by BCR for our earnestness! Do the same!
Apply for a house loan at BCR!
Our company, Fayora Imobiliare recommends applying for the MY HOME credit loan at BCR! Are you looking for a New House or plan to renovate your home?
CHARACTERISTICS:
Destination:
– house purchasing/building/renovating/modernizing/consolidating/ expanding
– refinancing other mortgage loans already purchased at BCR or other banks
Minimal amount: – 45.000 RON
Maximum amount: we offer up to 85% of your investment value.
Maximum duration: 30 years
Minimal down payment:
– 15% and 35%, for new loans for building, buying or modernizing of houses
– 0% for refinancing other credit loans for mortgages or real estate purchasing (for supplementary amounts for modernizing/expanding/ furnishing a minimum down payment of 15% is required)
Guaranties: We recommend you and BCR will accept your loan application based on:
– Mortgage of the purchased building and another building if necessary to cover the amount
– Mortgage of another building than the one purchased with the said loan
Insurance: for your safety it is necessary to contract the following insurances:
– Mandatory
The Mandatory Home Insurance (PAD), in favor of the bank.
Optional Building Insurance as a guarantee for the loan, in favor f the bank; we meet your insurance needs and give you the opportunity to contract the insurance right at the bank, with OMNIASIG VIG, but you can also chose another insurance company.
– Optional
Life insurance, offered free by the bank for the whole duration of the credit loan contract, if the conditions requested by the Insurer are met.
Complex Insurance (to be paid) that supports you in cases of unemployment, medical leave, partial or full incapacitation (if the eligibility conditions requested by the Insurer are met)
Insurance for Serious Illness (to be paid) that helps you in case of heart failure, cancer, strokes, partial or full invalidity (if the eligibility conditions requested by the Insurer are met)
DOCUMENTS:
Identification (for applicant, family members and if there is the case, other people that help pay the loan)
Documents for income proving (for applicant, and if needed other co payers; different forms according to income)
Utilities Bills (no older than 3 months previous to requesting the loan) but only if there is no other credit loan at BCR or other financial institutions
Documents attesting ownership for the building as guaranty - different for each loan (ex. copies of the ownership document registered at the Fiduciary Office, or copies of Property Registration documents)
– Contact us and we will make an appointment with a BCR loan consultant
– Show the BCR consultant documents about your income
– Verify if all conditions are met for the amount requested
– After your documents are accepted (including documents attesting the building to be purchased), we present you the “Standard European information regarding private loans” and sign the loan application
– After paying the evaluation tax, an external evaluator will analyse the building signed as guaranty
– Together with BCR we will inform you if your application was accepted or rejected
– If your application has been accepted, you sign the loan contract, guaranty contracts, insurance policies, etc.
– BCR will transfer the money into your account, from where you can make the transfers towards the seller/builder, provider, etc, according to the purchasing contract, or towards the financial institutions if the goal is to refinance an existing credit.
If the desired building hasn’t been found at the moment BCR approves the credit, you will have 45 days at your disposal to find it and prepare the necessary documentation..
ADVANTAGES:
Low Costs:
– interest starting from 4,1%/year, and zero analysis commission
– zero commision for credit administration
– EXTRA BONUS: life insurance for free*
*only available if conditions requested by the Insurer are met and up to the age of 70
Safety and Comfort:
– you control your budget: fixed monthly rates in the first 5 or 10 years will allow you to forecast spending
– lack of worry for exchange rate variables: you pay the monthly rate in lei; and what’s more, low exchange rate can modify a credit loan
– you have the time to find the perfect home: you have 45 days to find the desired home, after the bank had approved your application
– you have the possibility to sign the insurance contract with, OMNIASIG VIG for the whole duration
– by buying life and unemployment insurance, you protect yourself and the loved ones. In case of an unfortunate event the credit loan will not become a burden
– pay the monthly rates from the comfort of your home, via internet, phone or at any BCR ATM machine
ACCESSIBILITY:
– you can bring up to 3 co payers which means you can get a bigger amount
– we accept as guaranties other buildings than the one subject to this credit, which can belong to you or other people (husband/wife, co payer, etc)
– we finance any real estate project, building execution might be done personally or by contractors
SIMPLICITY:
– the documentation is simplified: no copies of your work contract, even without paycheck proof if your income gets into a BCR account
– you get specialised consultancy on whole credit duration
