Fondo di Garanzia Mutui Prima Casa: Who Qualifies and What You Get
Learn how this state guarantee can help young couples and low-income buyers secure a mortgage for their first home in Italy.
This scheme provides a state guarantee to help people secure a mortgage when buying their first home.
Who it's for
This program is designed to support young couples or buyers with low incomes who are looking to purchase their first home.
What you get
You receive a state guarantee that helps back your mortgage application. This guarantee acts as security for the lender, which can make it easier to get a mortgage approved for your new home.
What it costs you
There is no direct cost mentioned to access this guarantee, but you will need to go through the standard bank application process to apply for your mortgage.
The catch to know
It is important to remember that not all banks participate in this scheme, so you should check with your lender to see if they offer it.
How to apply
- Speak with your bank to see if they participate in the scheme.
- Complete the mortgage application process with your chosen bank.
- Provide the necessary documentation to prove you meet the eligibility requirements.