swing loan

Romanian translation: credit punte

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:swing loan
Romanian translation:credit punte
Entered by: Carmen Ciobaca

11:08 Jun 21, 2017
English to Romanian translations [PRO]
Bus/Financial - Law: Contract(s) / contract de împrumut
English term or phrase: swing loan
the Swing Loan was disbursed on September 26, 2017...
Carmen Ciobaca
Romania
Local time: 12:14
credit punte
Explanation:
Pentru persoanele care detin un imobil si doresc sa se mute intr-o alta locuinta, in general mai mare, bancile au pus la punct un credit sprecial, denumit credit punte.

Clientul primeste banii necesari pentru achizitia noii locuinte, pe baza obligatiei ca intr-un termen prestabilit sa vanda imobilul vechi, iar cu banii obtinuti sa ramburseze imprumutul.

Acesta este acordat pe termen relativ scurt, de 1 sau 2 ani, iar rambursarea sa se face intr-o singura transa, la finalul intregii perioade de creditare. Lunar se vor plati insa dobanzile si comisioanele aferente finanarii.

Banca va institui ipoteca de rang I asupra imobilului vechi si pe cel care urmeaza a fi cumparat, daca va considera necesar.
Selected response from:

Mihaela Buruiana
Romania
Local time: 12:14
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1credit punte
Mihaela Buruiana
Summary of reference entries provided
swing loan / bridge loan
Andreea Sepi

  

Answers


6 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
credit punte


Explanation:
Pentru persoanele care detin un imobil si doresc sa se mute intr-o alta locuinta, in general mai mare, bancile au pus la punct un credit sprecial, denumit credit punte.

Clientul primeste banii necesari pentru achizitia noii locuinte, pe baza obligatiei ca intr-un termen prestabilit sa vanda imobilul vechi, iar cu banii obtinuti sa ramburseze imprumutul.

Acesta este acordat pe termen relativ scurt, de 1 sau 2 ani, iar rambursarea sa se face intr-o singura transa, la finalul intregii perioade de creditare. Lunar se vor plati insa dobanzile si comisioanele aferente finanarii.

Banca va institui ipoteca de rang I asupra imobilului vechi si pe cel care urmeaza a fi cumparat, daca va considera necesar.


    Reference: http://www.forbeginners.info/mortgage/bridge-loans.htm
    Reference: http://financial-dictionary.thefreedictionary.com/swing+loan
Mihaela Buruiana
Romania
Local time: 12:14
Specializes in field
Native speaker of: Native in RomanianRomanian
PRO pts in category: 72

Peer comments on this answer (and responses from the answerer)
agree  Mihaela Ghitescu
1 day 8 hrs
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Reference comments


11 mins
Reference: swing loan / bridge loan

Reference information:
in afara contextului ipotecar, e vorba de un credit intermediar pe termen scurt, pana cand clientul poate obtine o finantare pe termen lung sau elimina anumite piedici care stau in calea unui credit pe termen lung


    Reference: http://www.investorwords.com/4843/swing_loan.html
Andreea Sepi
Germany
Specializes in field
Native speaker of: Native in RomanianRomanian, Native in EnglishEnglish
PRO pts in category: 12
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