Am I required to take out a life insurance policy when applying for a mortgage loan?
At Banca Transilvania, the life insurance policy is not mandatory when accessing a mortgage loan, but it is beneficial for you. 😉
What are the stages of a New Home credit file?
A New Home credit file must go through several stages, as is natural. To give you an idea, know that these are:❶⠀Legal analysis - ...
What is the minimum advance payment I have to make in order to purchase a land?
In case of purchasing a land, the minimum advance payment is 50% of the sale-purchase value. However, keep in mind that the land must be located ...
With what can I guarantee, if I want to buy agricultural land?
If you apply for a loan to purchase land, you have the option to guarantee through: ➤⠀another piece of land you own; ...
In the case of individual enterprises, for which the net income is determined based on the annual income norms, can loans for SMEs be accessed?
Of course! We can grant credits to entities for which the income is determined including based on annual income norms. 😊
Where can I renew the PAD policy related to the mortgaged property?
The PAD policy can be renewed at any BT unit or directly in BT Pay - at the moment you issue a new optional policy from the application.
What is the "APIA credit"?
APIA credit is an advance loan for your business until you receive the subsidy from APIA. 😊It is granted for up to 90% of the amount that ...
Can the account authorized person request early repayment of the credit?
Of course, however the proxy must hold a notarized power of attorney in this regard. For the reimbursement of credit facilities, we are waiting for you at any ...
Can I get a loan without having to justify the use of the money?
Unsecured loans give you money to cover several types of needs, without having to prove it through documents ...
What is the total cost of the loan?
Main components of the cost of a loan are: ➤⠀fees;➤⠀interest;➤⠀commissions. ❗⠀In addition to these, other types of costs may also appear that ...
Can I take out a loan for the purchase of second-hand agricultural machinery from abroad?
Yes, it is possible! Only that this equipment cannot constitute collateral for this loan. 😕In this case, you can guarantee with:➤⠀real estate;➤⠀or other equipment that ...
Can BT help me access European funds?
Yes, we can assist you as a financer, at the moment when contracts have been signed with the management authority. 📑Thus, we can finance both the amount ...
