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Who are the major mortgage lenders? What is the interest rate on borrowing?

April 26, 2017Borrowing Interest rate lenders mortgage

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Who are the major mortgage lenders? What is the interest rate on borrowing?

1 Answer

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10 Posted

The banks in Montenegro are not likely to grant a credit, especially to foreigners. Using a property as collateral is not advisable as the property will be evaluated at half of the market value. Usually a buyer is required to pay 100% of the property price at the purchase.