The number of contracts signed under the Safe 2 percent loan program exceeded 37,000. However, the number of applications has decreased. Agnieszka Wachnicka, vice-president of the Polish Bank Association, wrote on social media about the “big surprise”.
Applications for a 2 percent Safe Loan from the government’s First Apartment program have been submitted for over four months. The first solutions to be introduced into their offer included, among others: PKO BP, Bank Pekao, Alior Bank and VeloBank. In mid-September this year. mBank also joined the program. The offer will soon be available at Santander Bank Polska.
Safe loan 2 percent – number of contracts
The latest data from the Polish Bank Association (ZBP) show that the number of contracts signed under the Safe 2 percent loan program exceeded the limit of 37,000. Within a week, the number of signed contracts increased by nearly 3.4 thousand. Agnieszka Wachnicka, vice-president of the Polish Bank Association, also noted the “big surprise” in the new data.
“A big surprise in the BK2 Program. Although the number of concluded contracts increased by nearly 3.4 thousand t/t, the total number of applications decreased by 619 pcs. The reason? Probably “cleaning” the system of duplicate applications and a smaller inflow of new ones,” she wrote Wachnicka on the X website (formerly Twitter).
The 2 percent safe loan provides for subsidies to the loan for 10 years, so that the interest rate on the loan remains at 2 percent throughout this period. plus bank margin. The source of financing for installment subsidies is the Government Housing Fund, which already exists in Bank Gospodarstwa Krajowego.
The program’s budget is running low. Economist Adam Czerniak pointed this out in a recent interview with TVN24 Biznes. In his opinion, “when BGK receives information on the use of funds at the beginning of January 2024, the recruitment of further applications will automatically be suspended.”
Pursuant to the act, the acceptance of applications will have to be stopped when 90% of the funding for a given year has been used. of the money provided or 75 percent those budgeted for next year.
Does this mean that in 2024 you will not be able to take a loan under this program? – Yes, and this is thanks to the previous government. At the beginning of January, this program will probably die, Czerniak said.
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