PRAVEX BANK a part of international banking group Intesa Sanpaolo, became one of the first banks that already in March of the last year launched the program of mortgage lending with decreased interest rates allowing to clients of the Bank to pay for their own flat the same amount as they would pay for a rented one. Now the Bank offers special lending conditions to employees of companies – members of the American Chamberof Commerce in Ukraine that are much more profitable if compared to standard ones.
It is possible to receive a mortgage loan in the amount of up to UAH 4 mln for the term up to 20 years. The necessary downpayment – from 30% of the price of the flat. Important condition: the rate 9.49% per annum according to conditions of the mortgage program of PRAVEX BANK is fixed for the first 5 years of repayment. A one-time commission in the amount of 1.5% from the amount of the loan (standard conditions 2.99%) and annual insurance of collateral property – 0.30% (from the value of the collateral) are stipulated by the conditions of the loan. Real annual interest rate is from 11.8% per annum. Starting from the 6th year, a fluctuating interest rate will be applied for calculation of the regular payment, it depends on Ukrainian Index of Retail Deposit Rates (UIRD 12 m + 2%).
The offer of the mortage loan concerns purchase of residential property on secondary market, of a flat in a residential complex put into service, as well as of private residential houses, townhouses.
The Bank also offers special conditions for refinancing of mortgage loans of other banks with similar conditions: interest rate 9.49% that is fixed during the first 5 years and starting from the 6th year is fluctuating UIRD 12m + 2 %.
Special conditions and loyalty programs for each client can be considered in the Bank. PRAVEX BANK establishes long-term relations with its clients.
You can quickly order the mortgage loan on the Web-site of PRAVEX BANK or by telephone: 067 353 2001.
