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The app, for the Android operating system and soon to be available for Apple devices, can help potential borrowers determine their eligibility and calculate the size of installments.
The Home Start Program, which started Monday, offers loans with fixed rates of 3% up to HUF 50 million.
In a post on social media on Tuesday, state secretary Miklós Panyi said “several thousand” people had enquired about Home Start at their banks on Monday.
He also added that lenders were well prepared for the surge in demand.
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