Mortgages for boats

The mortgage offer need not be oriented only towards the house.

CajaCanarias launched just over a year Náutica Mortgage, a product which, according to Jesus Brito Rodriguez, deputy director general of the organization from individuals, has had a great reception, "and each month over the growing number of operations." The steering ensures that all products offered by Nautical CajaCanarias has funded about 4 million and the forecast for this year are growing by 25%.

In other areas of the coastline, navigational mortgages are not yet consolidated so as Canary in just one year the Fund has made about 70 transactions with an average of 60,000 euros, but according to sources Caja San Fernando and the CAM is are contained in the expansion phase, being considered still very exclusive products.

As the credits to buy homes, mortgages also have a boat like the Euribor reference rate of interest, however the conditions of funding are more expensive and, in addition to almost all higher fees and cancellation.

Written by Carlos Lopez on June 20, 2006 2 comments
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