Good Finance Bank closed the loan redemption period, which defines the mortgage market of 2019, with outstanding results. According to the data of the National Bank of Hungary, between March and December last year, HUF 45.55 billion of the loan redemption was made in connection with the forint conversion, 22% of which was settled at Good Finance Bank. The Bank Group expects significant results in mortgage lending this year, supported by the launch of a new pre-rating service.
A pre-qualification service is already available to customers
According to the data of the National Bank of Hungary, the population signed a HUF 45.55 billion loan redemption contract in the period March to December. More than one fifth of this, HUF 10.09 billion, was realized in Good Finance Bank. During the period, August, September and October were outstanding at the Bank: 28% of all loan redemptions were executed in August, 29% in September and 40% in Good Finance Bank in October.
More than 80% of the loan exchange customers came from other banks to Good Finance Bank. Thanks to the loan redemption campaign, Good Finance Bank’s market share in monthly new retail mortgage loans has more than doubled to more than 10 percent in 2019.
Expects significant results in the retail mortgage lending market
This year, Good Finance expects significant results in the retail mortgage lending market, supported by the introduction of a new service: offering easy and free pre-qualification for anyone considering a home loan.
Those interested can find out the amount of mortgage they can get half a year before choosing a home, so they can start their real estate search accordingly. The service is provided by the bank in the first 6 months in cooperation with Goodbank, so the first step is to register for the service.
Establish your credit limit is a receipt or other document
All you need to do to establish your credit limit is a receipt or other document or bank statement that you need to determine your income.
Once the maximum loan amount has been determined, the interested party receives a certificate stating that the bank guarantees the loan for 6 months, ie the interested party has 6 months to find the property. Once you have selected your home, you only need to submit your real estate documentation to the bank, so you do not need to have your employer certificate or bank statement again.