Benefits for the housing company:
- Protection against rising charges for financial costs due to higher interest rates
- Easier financial planning and budgeting in the housing company
- Flexible repayment scheme: possibility for shareholders to make extra repayments and repayment holidays are also possible if required.
- Customised interest rate protection takes the special needs of a housing company into account
- No separate charge for the protection
An interest rate protection is a supplementary feature to housing company loans granted by OP Financial Group, which enables converting floating-rate loans to fixed-rate ones for a chosen period. The total interest rate for a protected housing company loan is based on the fixed reference rate plus the agreed markup.
Please make an appointment for a meeting at your nearest OP cooperative bank to discuss with us. Let's build together an optimum solution for you.
OP Financial Group member cooperative banks offer interest rate protection for housing companies.