NPL&REO News

Banks offer houses with loan

Banks will now offer a house complete with a mortgage for it, as they proceed with the utilization of the real estate assets in their possession, thereby turning into digital estate agents of sorts.

Through the online platforms major lenders have developed, they will not only offer candidate buyers houses to buy but also a funding option for it.

Banks are also aiming at faster and simpler procedures, from applications to the disbursement of mortgages, through the online platforms developed and the cooperation with the servicers as well as specialized enterprises that undertake the processing of housing loans.

Up first in promoting realty and support was National Bank, through its Uniko online platform, in cooperation with Qquant of the Qualco group and its own platform realestateonline.gr for the assets it controls. Piraeus promotes its assets via piraeusrealty.gr along with alternative platforms such as realestate.intrum.gr and ReInvest.gr, with cooperation with Qualco on a new platform for mortgage promotion.

Eurobank’s realty platform Prosperty is cooperating with FinTHESIS for the agreement and approval of mortgages, and Alpha offers properties for sale with financing via its propertynow.gr platform.

Original Story: Ekathimnerini | Author: Evgenia Tzortzi
Edition: Prime Yield

Top