Doctors and dentists, Enpam allocates 30 million to grant subsidised loans

Enpam, the welfare body for doctors and dentists, has allocated EUR 30 million to grant subsidised loans to members for the purchase of their first home, professional practice, or to extend, renovate or replace an existing loan.

"With this initiative," says Enpam President Alberto Oliveti, "we continue to provide concrete support to our members in the most important moments of their professional and personal lives. For many young doctors and dentists, this is a decisive opportunity: it allows them to anticipate access to a home or practice even at an early stage of their careers, when the requirements of the credit market may be more difficult to meet. In this way, one avoids postponing life and professional projects, with the possibility, over time, of transferring the loan to the market on the most favourable terms'.

The maximum disbursable amount envisaged in the call is 300 thousand euro - 150 thousand in the case of renovation - and in percentage terms the loan may not exceed 80% of the value of the property; the interest rate applied is fixed for the entire duration of the loan and is equal to the reference rate of the European Central Bank on the date of stipulation (currently 2.15%), increased by 1.5 percentage points.

All Enpam members who have been enrolled for at least one year and are up to date with their social security payments, including specialisation and general medicine students without other active financing with the Foundation, may submit an application. The age of the applicant plus the number of years of amortisation (maximum 30) must not exceed 80 years; the limit rises to 90 if the loan is for the purchase of an Enpam home.

There is also a minimum income below which the loan will not be granted. The household must have an average annual gross income over the last two or three years, of whatever nature, declared for Irpef purposes of no less than EUR 39,221; for those under 40 with a VAT number and facilitated regime (forfetario and dei minimi) the average annual gross income over the last two or three years must be at least EUR 20,000. The amount of the instalments may not exceed half of the household's net monthly income.