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Banco Hipotecario extends UVA loan term for modular homes from 6 to 8 years

FinanceInternationalLa Nación40 s readAI summary
Image: La Nación

Banco Hipotecario of Argentina extended from six to eight years the term of its UVA-denominated personal loan line for buying or building industrialized homes, aiming to lower the initial installment and the income required to qualify. The line finances up to 100% of the home's value, with a 15% rate, a maximum of 50,000 UVA and a network of more than 145 affiliated companies nationwide.

In 40 seconds

  • Banco Hipotecario extended the UVA loan term for modular homes from 6 to 8 years, lowering the initial installment and required income.
  • The line finances up to 100% of the home's value, with a 15% rate, a maximum term of 72 months and a cap of 50,000 UVA.
  • Disbursement happens in two stages: a 40% advance to the supplier company and 60% once the delivery date is confirmed.
Read the full story at La Nación

IASummary generated by artificial intelligence from a story by La Nación. It may contain errors: the original source prevails.

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