Introduction section First home mortgage guarantee fund

First home mortgage guarantee fund

A number of banks have now joined the Memorandum of understanding signed on September 8th 2014 between the Ministry of Economy and Finance and the Italian Banking Association. The Memorandum regulates the access to the Solidarity Fund for the suspension of home loan payments .

Thanks to the Fund , the State provides citizens with guarantees for taking out a mortgage for the purchase or renovation of properties to be used as first home.

The Fund has a budget of about 650 million (Regions and other institutions may contribute to its increase) and will offer guarantees on mortgage financing for an estimated amount of 20 billion euro.

The application must be submitted directly to the bank .

The list of banks participating in the initiative is available at

The form can also be downloaded from


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