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Banco Nación Denies Changing Mortgage Rules as Scrutiny Over Officials’ Loans Mounts

The denial follows reports that a 2024 tweak later rolled back opened the bank’s mortgage program to political appointees.

Overview

  • Banco Nación, the state-owned lender, said in a statement it has not changed eligibility or excluded any group from its +Hogares with BNA home-loan line.
  • Reporting shows the bank’s mortgage rulebook, Resolution 802, was widened in September 2024 to include political appointees and then, in January 2026, the bank removed that clause through Circular 0092/2026 under president Darío Wasserman.
  • Around 40 officials and lawmakers obtained sizable mortgages that averaged about $250,000 and reached up to $340,000, often for second or third homes while many regular applicants struggle to qualify.
  • The opposition Coalición Cívica filed a criminal complaint seeking an inquiry into possible conflicts of interest in loans to officials including Juan Pablo Carreira, Pedro Inchauspe, Felipe Núñez, Federico Furiase, and lawmakers Mario Campero, Lorena Villaverde, and Alejandro Bongiovanni.
  • President Javier Milei said the loans were legal, and Economy Minister Luis Caputo and a senior bank executive argued the same rates and terms apply to all clients, as public anger and reviews of specific loan files continue.