On the financial market there are numerous types of personal and mortgage loans, which can be requested for the purchase of any good and service, for the home and for restructuring interventions, forms of financing accessible to all those who have a temporary employment contract and undetermined, and loans without pay checks are becoming increasingly successful. Not to mention the forms of personal loan for pensioners and again for protesters and bad payers but someone is missing, right? Where are the personal loans and mortgage solutions for the disabled and for the disabled? An explanation over at hcingenieria.com
There is talk of subsidies for disadvantaged people, personal loans for disabled people, mortgage solutions but in reality, in the request to banking institutions for this form of financing, the situation is not so simple, and does not mean the possibility or not of the acceptance or concession of a loan or mortgage because of the strict policies or banking conditions but precisely of the reduced proposals of such loan and mortgage solutions by credit institutions. So how to do it and who to contact Let’s see through an overview of questions and answers how to clarify our ideas.
What is a loan and a mortgage for disabled people?
The personal loan or the loan for disabled people is a form of financing dedicated exclusively to this category to sustain particular personal or family expenses, purchase goods and services linked to the situation of disability, finance their own post-graduate studies, obtaining a variable capital in relation to the expenditure needs and monthly income / pension received monthly.
What is the difference between a loan and a loan for disabled people and traditional forms?
The loan or loan for disabled people is intended exclusively for this category of subjects, who hold a pension, and who often need to finance the purchase of goods and services to improve or alleviate their disability. Precisely for this reason, the disbursement and repayment of capital provide customized and facilitated solutions, with lower interest rates than other forms of financing.
Are there agreements for applying for a loan or loan for the disabled?
Loans or forms of loan for people with disabilities or those with a certified handicap have the possibility of accessing forms of financing with subsidized interest rates, disbursed with funds granted through the ANDI, the National Association of Disabled Italians, allowing obtaining additional tax breaks thanks also to annual subscription agreements with some Italian credit institutes, companies and companies that actually provide the capital. To obtain this particular form of financing it is possible to join the ANDI by paying a membership fee of 25 USD.
What forms of disability?
To better understand what forms of disability are spoken of, it is advisable to view the following video by the Italian Disabled Federation, which explains in detail the types of disabilities with the main problems – we refer to the blind – the economic treatment of which these categories with certified disabilities would need, the facilities and the possibility of financing and loans for the purchase of goods and services that make the life of a disabled person dignified, and the improvements to be made in the field of tax profile:
Who to contact for a loan for the disabled?
A particularly advantageous personal loan solution for disabled people is that offered by Banca Intesa San Paolo, which allows variable capital to be obtained based on the cost of purchasing goods and services due to its disability situation. This particular form of loan is also known as the Loan of Hope, as it is intended for large families or people with different abilities, who at the time of requesting the loan are in financial difficulty but do not have to purchase goods or services for their condition disability.
The personal loan for families with a disabled person can sustain financial difficulties by providing a form of financing that provides for the granting of a capital up to 6,000 USD, extended in monthly installments of 500 USD for a period of 12 months. Following the rebalancing of its economic situation, it is necessary to repay the capital with a 5-year amortization plan, 60 monthly installments with subsidized Taeg up to a maximum of 4%, based on the table below:
|MAXIMUM CAPITAL AVAILABLE IN THE LOAN FOR THE DISABLED OF INTESA SAN PAOLO||MONTHLY INSTALLMENT AMOUNT AND DELIVERY PLAN||REFUND PLAN||INTEREST RATE|
|6,000 USD||500 USD MONTHLY FOR 12 MONTHS||
||DOES NOT EXCEED 4%|
If you are disabled and you need at least 30,000 USD, who can you contact?
If you need a personal loan or a mortgage, a good loan proposal for the disabled is offered by the Banca delle Marche, which allows you to obtain a capital up to 30,000 USD, with the application of a subsidized interest rate not exceeding 4%, allowing the purchase of goods and services both for their own condition of disability, and to purchase stays or other solutions to improve their condition. To get a more detailed idea of this form of personal loan, see also the following table which summarizes the fundamental characteristics of the loan:
|LOAN FOR DISABLED PEOPLE of BANCA DELLE MARCHE||MAXIMUM CAPITAL WITH DISPENSE||REFUND PLAN|
|PURCHASE GOODS AND SERVICES FOR YOUR DISABILITY CONDITION||UP TO 30,000 USD||60 MONTHLY RATES|
If you are disabled and need to purchase specific equipment?
If you need to purchase equipment, goods or services for your disability, you can contact Veneto Banca, which offers the Aurora loan for people with disabilities, which allows you to obtain a variable capital based on your needs of expenditure and to benefit from a subsidized rate based on the amortization period required based on the table below, which also summarizes the value of the maximum capital that can be paid based on the purchase purpose:
|LOAN FOR DISABLED PEOPLE OF VENETO BANCA||FINANCIAL EXPENSES||AMORTIZATION SCHEDULE||APR FOR DEPRECIATION PLAN|
|UP TO 2,000 USD||STAYS IN STRUCTURES FOR DISABLED ASSISTANCE||1 YEARS||APR FROM 2.98% = 12 MONTHS|
|UP TO 10,000 USD||HARDWARE AND SOFTWARE FOR DISABLED PEOPLE||5 YEARS||APR 3.07 = MORE THAN 12 MONTHS|
|UP TO € 15,000||SPECIAL EQUIPMENT AND CARS FOR DISABLED PEOPLE|
And if you need a loan of 25,000 USD for disabled facilities?
A second personal loan solution for disabled people for the purchase of equipment is that proposed by Banca Popolare di Milano, which has the Linea Freely loan, which allows a capital to be obtained up to 25,000 USD, repayable with an amortization plan up to 5 years, or in 60 monthly installments, based on the table below to summarize the main features of this type of loan for the disabled:
|LOAN FOR DISABLED PEOPLE OF BANCA POPOLARE DI MILANO||MAXIMUM CAPITAL WITH DISPENSE||REFUND PLAN||DELIVERY MODE|
|PURCHASE OF EQUIPMENT AND ASSISTIVE PRODUCTS FOR DISABLED PERSONS||UP TO 25,000 USD||UP TO 60 MONTHLY RATES||
Is there a home purchase mortgage for the disabled?
On 15/10/2013 the Lega Nord amendment to the Imu Decree was approved, which will allow families with a disabled member to apply for a subsidized form of interest rate financing for the purchase of their first home but also to perform of the renovations in the purchased house. For those wishing to have more information, it is also advisable to consult the dossier on interventions for people and families in the Stability Law, which highlights how there are still no subsidized forms of financing for disabled people on the market to purchase their first home.
Are there facilities for IMU for people with disabilities?
At the moment there is no provision for any form of facilitation for disabled persons in the payment of the IMU – Municipal Tax. The entry into force of the new tax was scheduled for 2014, but Law 214/11, in article 13, anticipated the application of the payment of this tax to 2012, extending the tax also to the first house, subject to a rate of 0.4% of its cadastral value. As for subjects with certified disabilities, these can only benefit from the reductions that provide for a reduction of 200 USD from the due quota.
What is AUTO HELP for people with disabilities?
A facilitation solution is what is called Auto Mutual Help in which the disabled or disabled person has the possibility of having a comfort and a support, a possible discussion with subjects who have and live the same problems and limitations, allowing to find the right solution also to personal needs and even more embarrassing that often do not have the courage to request. To better understand what it is, we recommend viewing the following video explaining the main details of the Auto Mutual Help: