More than 4,600 approvals and 21,000 pre-approvals for youth mortgages through the program “My home” by DYPA.
Specifically, regarding the implementation of the “My Home” housing program, DYPA announced that between April 3 and July 19, a total of 38,558 applications were submitted of which 30,756 have already been evaluated, i.e. 8 out of 10 (80%).
Of the 30,756 assessed applications, 21,132 received pre-approval, i.e. almost 7 out of 10 (69%), while the rest were rejected as they did not meet the conditions.
Out of the 21,132 pre-approvals, 4,644 loans have already been approved, i.e. more than 1 in 5 (22%), as a property has been found and the legal and technical inspection has begun, with an average approval amount of approximately 104,900 Euros.
Please note that through the “My Home” program young people or young couples aged 25-39 can acquire a residence with a significantly lower monthly payment than that which corresponds to the housing loans of the market, as 75% of the capital is granted interest-free by DYPA, while for those with three children and many children (and those who acquire this status) the loan is interest-free in its entirety.
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