Owners of real estate are sooner or later confronted with the need for refurbishment of their property. Depending on the age of the building, considerable expenses may be necessary, resulting in a significant financial burden. For this reason – especially if the repayment of the mortgage has not yet progressed far – an advantageous financing concept is indispensable. With the right partner, owners can calmly tackle the repair of their property. Favorable interest rates and improving the energy efficiency of an object make the net burden moderate. See theinex.com for details
For example, the Enokbank offers a secure and favorable financing solution with its Cafcredit. Homeowners can flexibly borrow between 3,000 and 30,000 loan amounts and pay back within a period of between one and twelve years. All borrowers receive a flat-rate interest rate of 5.25 percent nominally from the Enok bank (as of September 2008) and a very favorable interest rate compared with other banks. The payment of the loan is 100 percent. The special feature of the offer of ethical and ecological criteria oriented bank: An entry in the land register is not made, which on the one hand the notary costs can be avoided and on the other hand no back talk with other financing partners whose commitment is secured by mortgage.
The loan can be used for construction measures that reduce greenhouse gases, improve the internal and external design of a building or realize other ecological projects. The generation of solar power is basically financed by the loan.
The offer of the Enokbank is ideally suited for all homeowners who want to carry out measures on their property and are looking for a favorable financing. In particular, the abolition of the land register entry and the fast processing time (the Enok bank sees itself as a direct bank and promises the credit decision within one working day after receipt of all necessary documents) make the loan flexible. Since measures such as the greening of the house roof are financed, the reditCafcredit is also suitable as an alternative to a consumer loan, which is often used to finance building measures in the outer area of a building.
In particular, measures that improve the energy efficiency of a building offer much more than just ecological added value: the high prices for electricity and gas offer considerable savings potential if they are reduced.