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Starting this October 7, BancoEstado will reissue its “Hipotecazo” campaign. What does this mean? that will offer historical rates for mortgage loans, which will range between 1.99 and 2.39% interest.
Sebastián Sichel, president of the entity, He argued that this measure is a “historic edition” because it will offer loans with the lowest rate in the history of the institution.
“We changed two logics: we lowered the rate to less than 2% – much lower than the market average, which is over 2.5% – and we gave 90% financing again. Also the term, since you can request up to 30 years. In addition, we give up to six months of grace to start paying, ”he said.
Hi! 🤗 we started the day telling you very good news, it began #HipotecazoBE With rates from 1.99% and financing up to 90% of the value of the home!
Here we tell you how you can access👇– BancoEstado (@BancoEstado) October 7, 2020
In addition, he emphasized that those who have 20% of the foot will be able to obtain this preferential amount. If a person has less quantity, they can choose another, with a maximum of 2.39% rate.
On the other hand, the mortgage is for all types of housing: used or new, house or apartment.
Applications will be open until December 30, 2020. They will be made through the bank’s website or by phone at 600 400 700.
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