Loan term

180 months

Loan purpose

The acquisition of an individual residential building or apartment in a residential multi-apartment building.

Annual interest rate

23,99% per annum*

Loan amount

Up to 6500 BCV (BCV – Base calculated value)

(75% of the amount of the contract of sale of real estate)

Grace period

With a 12-month grace period for buying a new home

Collateral

A pledge (mortgage) of the purchased housing is drawn up for an amount of at least 125% of the amount of the loan

The total amount of collateral must be at least 125% of the loan amount

Repayment rate

The main debt - monthly.

Accrued interest - monthly.

The interest on the loan starts from the date of use of credit funds.

Down payment (by the borrower)

from 26% of the amount of the real estate purchase and sale agreement

Requirements for a Potential Borrower

• No negative credit history;
• Have a stable income;
• Debt burden should not exceed 70%.

Required documents

• Documents proving the identity of the seller and the buyer;
• Cadastral documents of the acquired real estate;
• Property appraisal report from an independent appraisal company.

Upon receipt of a mortgage loan, the Borrower must pay the following costs

1. State duty for notarization of a mortgage agreement;

2. The costs associated with insurance of mortgaged real estate (mortgages). The basis for insurance is the amount of the collateral value of the property;

3. Payment for the assessment of collateral.

Loan Form

A mortgage loan is provided in national currency (sum) in non-cash form by transferring credit funds to the seller’s account

Place of loan application

Loan application and loan processing is carried out in branches and offices of the bank

Deadline for loan consideration

The loan application processing period is 3 days from the date of application processing. The decision on the loan application is communicated to the client within 24 hours.

Additional payments for consideration and processing of a loan

Are absent 

Prepayment

It provides for early repayment of this type of loan without additional fees and penalties

Possible factors for making a negative decision regarding the provision of a loan

1. Negative credit history (not timely repayment of principal and interest on loans, the presence of current overdue loans);

2. Unstable income of the potential borrower or their absence (lack of constant income at the current place of employment for at least 6 months prior to the date of application for a loan);

3. Not correct, not reliable information, not complete provided by the potential borrower.

4. Lack of collateral for the loan.

Possible factors for making a positive decision regarding the provision of a loan

1. Positive credit history (timely repayment of loans and interest, lack of current overdue loans).

2. Stable income of the potential borrower (at the current place of work for a period of at least 6 months prior to the date of application for a loan)

3. Satisfactory financial position of the potential borrower

4. The availability of collateral in the quantity and volume necessary to cover the loan (at least 125% of the loan amount).

In case of violation of the terms for repayment of the main debt on the loan, the interest rate on the amount of overdue debt increases 1.5 times from the date of formation of overdue debt.

* from 01/01/2023 year

Attention! The interest loan amount is calculated on the basis of nominal interest rate. And the full loan value shows how much the loan will cost you in case of payment of interest sums and other types of payments in the established terms and in the established size.

with the procedure for calculating the total cost of a loan may be read out in the “loans” section

Attention! The rated interest rate of this loan may be changed. This change will be agreed with the borrower!