Overview
- The state-run lender now evaluates and approves applications 100% online from January 12, keeps the market’s lowest 6% TNA, and raised its credit-score cutoff to roughly 900 points.
- Most banks require that the first installment stay at or below about a quarter of verified net income, pushing many applicants to add co-borrowers, extend terms, or downsize the loan.
- Minimum income floors vary widely by bank, with examples including Banco del Sol at $1,000,000 a month, ICBC at $1,100,000, BBVA near four minimum wages, Credicoop at $3,000,000, and Supervielle above $5,000,000.
- Rate dispersion drives sharp differences in monthly costs: a typical $100,000 home financed 75% over 20 years was about $820,000 a month at Banco Nación versus roughly $1.47–$1.50 million at the priciest private banks, implying required incomes near $2.4 million versus above $4 million.
- Analysts see scope for a cautious 2026 expansion if disinflation and funding improve, with calls for more UVA liquidity and a secondary market to lower consumer rates and broaden access.