To acquire a residential or other building (apartment, constructed home, vacation home, land and construction, etc.)

Refinancing of other loan  offered by another bank/financial institution for individuals.  Refinancing is available for other bank/financial institution loans accorded to the husband/wife of the loan applicant.

Beneficiaries:

 

Individuals aged 18-70.

A variety of sources of income are taking into consideration to determine capacity for reimbursement: salaries, part-time working contracts, management contracts, independent activities (free-lance work, intellectual property rights, commercial activities), civil service conventions, rents, dividends, copyright, sports activities, sailors, Romanian citizens who have revenue from abroad, foreigners who have revenue in Romania, other assimilated revenue.

Period: 40 years

Grace period: maximum 1 year

Interest:

 

Lei^*:  14.34%

EUR^**: 7.25%

 

^* Robor quotations at 3 months, to which a fixed margin (5%) is added

^** Euribor quotations at 3 months, to which a fixed margin (6.5%) is added

Value of the loan:

 

Depending on reimbursement capacity.

Loan currency:

 

LEI

EUR 

Fees:

 

Granting fee – 3 %  of balance 

Down payment fee – 1% calculated according to the amount paid as down payment

Reimbursement:

 

Reimbursed in annuities

Guarantees and Insurance:

 

Level I mortgage lien upon the real estate property purchased through credit and/on upon other real estate properties owned by the credited party or by third parties with the interdiction to alienate or use it as lien

Assurance on the guaranteed real estate property, at the established value of guarantee, endorsed in bank’s favor.

Documents:

 

Loan application

Identity papers (identity card/passport)

Income-related documents from salary

Utility bill as proof of residence (electricity, gas, fixed phone, etc.)

Documents related to guarantee.