Thread: Investing in Romania, is it a good idea?
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Old 07-05-2008, 07:26 AM
deanedgar deanedgar is offline
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Join Date: May 2008
Posts: 3
Default 2.5% advance required
Southern Knight,

You dont mention what the loan to value is ? Generally the banks will loan to foreign nationals, but require anywhere from 10% to 35% deposit. So if you have a 1005 loan, 2.5% is reasonable. However being told this just before you need the cash, is typical of some lenders

Dean
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