Citi Appoints New Head in Switzerland finews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finews.com Daily Mail and Mail on Sunday newspapers.
Can entrepreneurs take out a company mortgage? Conditions during the COVID-19 pandemic.
According to the data of the Ministry of Development, the number of self-employed is nearly 2.5 million. How do banks approach customers who have their own business and want to take out a mortgage during the COVID-19 pandemic?
Pursuant to the recommendations of the Polish Financial Supervision Authority, banks are required to check the creditworthiness of customers applying for mortgage loans. It is about the ability to repay the mortgage liability along with interest and other fees on the dates specified in the contract and installment schedule. If a client wants to be considered creditworthy, he must prove that he is earning a stable, sufficiently high income.