In mid-January, the program starts “My House 2“, as stated by the Deputy Minister of Finance, Nikos Papathanasis.

“The age limit went from 39 years to 50 and we also have an expansion of the income criteria. We also have an increase in the loan from 150,000 to 190,000 thousand euros and we cover 90% of the loan” explained the deputy minister, speaking to ERTNews.

At the same time, as he said about them three children is decreasing against 75% interest rate. Giving an example, he said that a family of four will be able to submit the request if they have up to 36,000 euros in annual income.

Mr. Papathanasis noted that the program hopes to provide a solution to the housing problem “twenty thousand of our fellow citizens will buy a house with a reduced interest rate” and as he said this is a big help. “The monthly service (of the loan) will be like paying rent,” completed.

One of the most significant changes with respect to “My House 1” is the extension of the time from loan approval to finding the house that is no longer just three months but it is now without time limit and until her exhaustion of its funds program.

Mr. Papathanasis also referred to the program “I upgrade Energy» and the applications of the interested parties which will start in January. “It concerns everyone and it is 25,000 euros” he said, adding that the program can be repaid interest-free over seven years.