The Act of September 8, 2006 implemented the government program “Rodzina na Ciebie”. The essence of the program is financial support for families in purchasing their own apartment. It allows you to obtain an additional payment from the state for the purchase of an apartment or a construction investment. “Family n its” is a program of housing loan financing, where the state pays 50 percent. monthly interest on the loan for a period of 8 consecutive years. Banks and financial institutions meet future borrowers by creating more and more credit offers in this program.
Program of housing loan financing
People who can apply for a loan in the “Family on their own” program are all married couples, people whose upbringingat least one child remains. Persons raising a minor child, persons raising a child for whom a childcare allowance is paid, and persons raising a child up to 25 years of age may also apply, provided that they attend school.
An important criterion when applying for a loan with an additional payment from the state treasury is the lack of ownership or joint ownership of a residential property. What happens if we rent a flat when applying for a loan? In this situation, we must commit to withdraw from the lease and to leave the landlord’s premises. The requirement for such actions is to avoid a situation in which a person applying for a loan in the “Rodzina na Ciebie” program has a permanent place of residence and intends to rent the purchased flat.
Not only borrowers must meet strict conditions to be able to apply for a loan with an additional payment, also real estate must have the appropriate parameters. In the “Rodzina na Ciebie” program you can buy a flat not exceeding 75 m2 or a house with a floor area not exceeding 140 m2. It is worth comparing the offers of several banks before making a decision about applying for a loan.
They may differ in price parameters in a significant way
For future borrowers this may mean differences in the payment of monthly installments of up to several hundred zlotys. It is also worth comparing a loan in the “Rodzina na Ciebie” program with a standard mortgage. After analyzing, it may turn out that we will receive a housing loan on more favorable terms than a loan with an additional payment.
Tags: co-financing for loans, treasury subsidy, family mortgage, preferential loan, subsidized loan, marriage, apartment for young people, family on its own, government program, supporting families