We have known for a month and a half that CSOK is changing! The Hungarian government has announced that families with three children may apply for a CSOK loan with a discount rate of HUF 15 million instead of the previous HUF 10 million, and families with two children may apply for a HUF 10 million loan subject to the conditions being met.
Announcement of the new provision in November!
“Two children get a $ 10 million discount loan, the government raises $ 10 million to $ 15 million for three children”
The new soft loan product is now available on December 1st, and most domestic credit institutions can apply!
Due to the significant amount of applications, the administration time has increased, so everyone should be aware that applying for a loan can take several months. Reported RTL News.
A minimum turnaround time of at least 6 weeks should be expected
According to analysts, a minimum turnaround time of at least 6 weeks should be expected at almost all banks, ie those who were among the first to apply for the new CSOK should wait until the end of January for the transfer.
With its new housing policy, the government is constantly offering affordable housing options to the public, but has closed the tap for those looking to invest! The government is supporting young families’ easier access to homes with new discounts, and is offering new home buyers an alternative.
New family home improvement discount and home loans
All the information about a new family home improvement discount and home loans are available in one place upon request. We answer individual cases, explore the most important practical issues, and help adjust to the new CSOK.