If you want to apply for a Home Start loan at the last minute, it's worth diving in

The Hungarian government announced changes to housing loans, replacing the Otthon Start program with Wekerle Plusz. Starting in 2027, the supported interest rate for purchasing used homes will increase from 3% to 5%. This change could lead to an additional repayment of approximately 16.5 million HUF over 25 years for a 50 million HUF loan. Many are now seeking to utilize the current program before it ends. Key steps include assessing creditworthiness, obtaining property appraisals, gathering necessary bank documents, and ensuring the purchase agreement includes required clauses. The processing time for loan applications is expected to take around five weeks, and applicants should plan to submit their requests by mid-November to meet the 2026 deadline.