bank lending

Serbia’s Youth Mortgage Scheme Enables 99% Property Financing

Serbia’s youth-mortgage programme allows eligible first-time homebuyers to finance up to 99% of a property’s value, reducing the required initial contribution to 1%. The framework also provides for a 35% risk weight on qualifying bank exposures and a state guarantee covering part of participating banks’ insured portfolios. Financing Conditions and State Guarantee Under the framework established by the National Bank of Serbia (NBS), eligible mortgage lending can be extended at a loan-to-value ratio of 99%. This reduces the savings required…