Advantages of the loan
- loan period — up to 20 years (minimum term - not set);
- fixed interest rate;
- opportunity to obtain a loan without a down payment;
- optional individual repayment schedule.
Repayment of the principal starts from the 2nd month. This approximate amount represents the maximum sum excluding the service’s costs of 3rd parties in the Loan Calculator located in the Documents section.
up to 70 % of the market value of the mortgaged property established after the assessment (the minimum and maximum amount - not established)
from 16 % to 20% per year, depending on the term and ratio to the market value of the mortgaged property (real interest rate, specific terms and conditions may be reviewed – in the Documents module)
0,5 % of the loan amount
appraisals, borrower life and health insurance, and insurance for the mortgaged property must be purchased from companies accredited by the bank
be attested by a notary
Specific features of the loan
This offer is granted within the scope of the "Pivdenny’s dream" lending programme.
Borrower’s age — from 21 years. Maximum borrower’s age on full repayment of the loan – 65 years.
Loans are issued for the construction or purchase of property on the primary or secondary real estate market (including apartments, homes and plots) - for the borrower’s personal needs not related directly to business activity.
The Borrower has the right to repay the consumer loan in full or in part at any time, including by increasing the amount of periodic payments, without any additional fee associated with early repayment. In the event of early repayment of a consumer loan, the borrower pays the lender interest on the loan and the cost of all services related to servicing and repayment of the loan for the period of actual use of the loan.
The Client has the right to withdraw from a particular Application Service Provision Agreement (if required by applicable legislation of Ukraine) and terminate this Agreement and close accounts on the basis of a written application (except when early closure/refusal/termination of the agreement is prohibited by law), provided that there are no outstanding debts or valid Application-Agreements/Agreements at the Bank, and all PCs have been returned at the request of the Bank, including those issued to the Client's proxies. This Agreement is considered terminated on the day of account closure and full fulfilment of obligations under this Agreement.
The Borrower has the right within 14 (Fourteen) calendar days from the date of conclusion of the Loan Agreement to withdraw from the Loan Agreement for any reason or no reason on the basis of a written application in the manner prescribed by Art. 15 of the Law of Ukraine on Consumer Lending.
The Borrower does not have the right to withdraw from the Loan Agreement if:
- fulfilment of obligations under the Loan Agreement is ensured by notarized agreements (transactions);
- at the time of the Borrower's withdrawal from the Loan Agreement, the purchase of works (services) provided for by the Loan Agreement has already taken place.
- Ukrainian passport (passport of the borrower and spouse);
- taxpayer ID number (ID number of the borrower and spouse);
- marriage/divorce certificate (if any);
- documents proving receipt of income (by the borrower and spouse);
- collateral documents.
IMPORTANT! Mortgages will be granted exclusively for residential properties for which there are no registered residents. Upon applying for a mortgage, please inform the bank of any individuals still registered as residing at the property as well as any need to de-register such individuals in order to be eligible to receive a mortgage.
Upon acceptance of your application by the bank's collegial body, when signing the mortgage agreement, the respective borrower must provide a certificate attesting to the absence of any registered individuals as well as a certificate of registration of underage and minor owners (where applicable) of the residential property with a parent (guardian) at an address other than that of the mortgaged property.
Refer to the Documents section to review a more detailed list of the documents.