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| > Bank for private customers
> To receive a loan > Mortgage lending |
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Residence loans on primary market |
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NEW PROPERTY:
Purchase of property on primary market can be done through lending programme of Kreditprombank implemented with construction finance funds. For purchase of a flat on credit the bank does not require additional collateral, instead, property rights for real estate in construction are pledged.
The purpose of lending under this programme is to invest funds in construction of flats and premises of non-residential destination located in residential buildings.
Loan repayment is made monthly, in equal parts, with interest accrual on the balance of indebtedness or on equal parts scheme.
Under this programme reduction of interest rate on loan is provided after the building is put into operation.
Early repayment is possible without penalties, which is convenient for clients who plan to repay their mortgage before the agreed term.
After the investment site is put into operation, it becomes possible to obtain a loan for consumer needs.
TERM OF LENDING:
- Up to 33 years inclusive - for purchase of residential property;
- Up to 15- years inclusive - for purchase of non-residential (householding and commercial property);
- Up to 10 years inclusive - for consumer needs after the site was put into operation and additional collateral appraisal was made subject to monthly loan repayment with equal parts.
ADVANCE PAYMENT:
Region of Ukraine | Advance payment
(USD equivalent) |
 | 20% | 25% |
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| Kiev and localities within 50 km around Kiev | Up to USD 500 thousand inclusive | From USD
500 thousand |
Odessa
Yalta
- and localities within 30 km around the cities | Up to USD 300 thousand inclusive | From USD
300 thousand |
Dnepropetrovsk
Donetsk
Nikolayev
Kharkov
- and localities within 30 km around the cities | Up to USD 200 thousand inclusive | From USD
200 thousand |
Vinnitsa
Lvov
- and localities within 30 km around the cities | Up to USD 150 thousand inclusive | From USD
150 thousand |
Kherson
Zaporozhie
Lutsk
Luhansk
- and localities within 30 km around the cities | Up to USD 100 thousand inclusive | From USD
100 thousand |
Novovolynsk
Kovel
Kremenchug | Up to USD 100 thousand inclusive | From USD
100 thousand |
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| 20% | 25% | 30% |
| Other regions | Up to USD 40 thousand inclusive | From USD 40 thousand to USD
80 thousand inclusive | From USD
80 thousand |
For purchase of property of non-residential householding destination, advance payment is 35% regardless the region and value.
The size of advance payment can be reduced providing the insurance of financial risks or provision of additional collateral.
Early repayment without penalties and additional fees.
Interest rates*:
Loans in foreign currency | Up to 33 years |
USD | EUR |
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| - before the site is put into operation | 18,50 | 15,50 |
| - after the site is put into operation | 18,00 | 15,00 |
| - loan disbursement fee | 1,00 | 1,00 |
Loans in national currency | Up to 33 years |
UAH |
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| - before the site is put into operation | 20,50 |
| - after the site is put into operation | 20,00 |
| - loan disbursement fee | 1,00 |
In case of lending for amount over USD 1 million (or equivalent in other currency) interest rate increases by 1%.
After the site is put into operation, the client gets the opportunity to obtain additional loan for consuming purposes up to 10 years at the following interest rates:
Loans in national currency | Up to 10 years |
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| - for consuming purposes | 22,00 |
| - loan disbursement fee | 1,00 |
 Additional costs** : |
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1. Services of the bank:
- loan applications fee - UAH 500 paid on the day of loan disbursement.
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2. Insurance services:
- of the pledged property - 0,25 - 0,3 % of collateral value (insured after putting into operation);
- accident insurance - 0,3 - 0,55% of loan amount if loan amount is not less than USD150 000 (inclusive);
- Life - from 0,28-2,0% of loan amount by decision of Credit-Investment Committee of the bank and/or Credit committee of the branch.
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3. Notary services:
- Execution of CFF participation agreement – pursuant to the tariffs of certain notary in the region
- Execution of property rights assignment agreement - pursuant to the tariffs of certain notary in the region
- execution of mortgage agreement - pursuant to the tariffs of certain notary in the region
other services |
4. State duties:
- When property is pledged to the bank - 0,1% of collateral value;
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* additional costs are mentioned on the current date |
Rates are available since 26 May 2008.
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