Having a baby loan is a great help for married couples, but there are several conditions that must be met. We have collected important information for you.
If you’re not married yet, no problem. You must go to the registrar and announce your intention. Well, you know, the registrar can post only the ceremony for more than 30 days after the announcement. Once the marriage is done, you also need to keep in mind that the marriage must remain for the duration of the loan, otherwise the interest rate subsidy will be lost.
If you already have a child in your joint household, one of you must be first married, The expectant mother must be 18 years of age and under 41. Both of you will need an official address card with a permanent Hungarian address, and at least one of you must always have a Hungarian address throughout the term.
One of you must have been insured with Social Security (TB) for the last 3 years before applying. In practice, this means that the husband or wife has a continuous employment relationship. Of course, you may not have worked continuously for the past 3 years, so the point is that you should not have more than 30 days of non-TB entitlement.
Not only employees or entrepreneurs have TB, but also those who study full-time at a higher education institution or at GYES, GYED.
You may also have worked abroad. They are not excluded if they were / are insured abroad, but in the 6 months prior to the application they have to prove their legal status in Hungary, or only Hungarian citizens have the opportunity.
Unpunished history is also a condition, so none of the spouses can have a criminal record. Someone may have stumbled at a young age. There are many types of penalties, so be aware and our experts can help . It is good to know that 10 years after the sentence has been served, anyone who wishes to apply for a baby loan becomes a criminal record again.
And the bank will examine your income, past and present credit. You cannot have any loans that you do not repay, that is, you cannot be on the Central Credit Information System (KHR) bad debtors list.
And what is also inevitable: if you want to live on interest-free, that is, your child is born within 5 years of disbursement, you must also undertake to have your child, whether or not adopted, until the child reaches the age of you need to educate.
It is not enough to know the terms and conditions of a baby loan, you must meet them. It’s a good idea to check out this page because we’ve collected a lot of useful information about baby loan.