The "Noua Casă" program continues to be an advantageous option for Romanians who want to purchase a home, offering a minimum down payment of just 5% and an annual administration fee of 0.15% applied to the guarantee balance. This program is particularly appealing for first-time homebuyers looking to navigate the increasingly complex real estate market.
Launched to support citizens in acquiring homes, the "Noua Casă" initiative has gained traction, especially in 2025, with 13 banks participating as partners. These banks include Alpha Bank, BCR, BRD-Groupe Société Générale, CEC Bank, Banca Transilvania, ING Bank, Raiffeisen Bank, Libra Internet Bank, EXIM Banca Românească, UniCredit Bank, Garanti BBVA, Vista Bank, and Techventures Bank. Each of these institutions plays a crucial role in facilitating the loan process for potential homeowners.
According to a press release from the National Credit Guarantee Fund for Small and Medium Enterprises (FNGCIMM), the program not only maintains its attractive conditions but also ensures that beneficiaries pay notarial fees that are up to 30% lower than the standard rates. This reduction significantly alleviates the financial burden on homebuyers, making the dream of homeownership more attainable for many.
For those interested in utilizing the "Noua Casă" program, the process begins at one of the aforementioned partner banks, where applicants can prepare their credit file. This file is then submitted to FNGCIMM to secure the necessary state guarantee. This streamlined approach ensures that potential homeowners can access the financial support they need without unnecessary delays.
Since the inception of the Prima Casă Program in 2009, FNGCIMM has issued a total of 334,048 guarantees, amounting to 31.6 billion lei. These guarantees have supported loans exceeding 64 billion lei, demonstrating the program's significant impact on the Romanian housing market. The effective default rate of these guarantees stands at a mere 0.35%, which is substantially lower than the average non-performing loan rate for individuals across the banking sector.
As the housing market in Romania evolves, programs like "Noua Casă" are vital in helping citizens navigate the challenges of purchasing a home. With favorable terms and a robust support system from participating banks, many Romanians are finding new opportunities to invest in their futures.
The current conditions of the program reflect a broader trend in the Romanian financial landscape, where innovative lending solutions are emerging to meet the needs of a diverse population. As more banks join the initiative, the competition may lead to even better terms for borrowers, fostering a healthier real estate market.
In summary, the "Noua Casă" program stands out as a beacon of hope for many Romanians aspiring to own their homes. With its low down payment, manageable fees, and the backing of numerous financial institutions, it continues to provide essential support for those looking to step onto the property ladder.
