Overview
- BBVA cut its preferential UVA mortgage rate to 7.5% from 10.9%, and ICBC lowered payroll-accredited loans to 11% and its general rate to 12%.
- Banco Nación raised its rate to 6% from 4.5% yet remains the market low and said its borrower scoring, reported to have climbed above 900, returns to normal.
- Quoted mortgage rates now range roughly from 6% to 15%, while competitive offers include Brubank near 8% financing up to 70% and Banco del Sol near 9% financing up to 80%.
- Access strongly favors applicants who credit their salaries to the lending bank, and many lenders require monthly incomes above about ARS 1 million, with explicit floors such as ICBC at ARS 1.1 million and Banco del Sol at ARS 1 million.
- Most loans are UVA-indexed with typical LTVs of 70%–80% and terms of 15–30 years; at Banco Nación a ARS 55 million loan over 30 years carries an initial monthly payment of ARS 329,753 in November.