Mortage loans

Product that enables you to purchase your own home that are under construction, from  Bank partners or existing real estate and / or completed.

Loan amount: up to 70% of the cost of real estate.

Loan maturity: up to 7 years.

Interest rate: 17% p.a.

Method of payment: monthly, based on annuity.

Guarantees: real estate financed by loan, real estate own / third person’s property accepted by bank.

Fee for granting the loan: 1% of the loan amount; at the beginning of each following year – 0,5% of the outstanding amount of the loan.

Minimum eligibility criteria:

  • Be a resident of the Republic of Moldova;
  • To meet the minimum age of 21 years, and the deadline for payment may not exceed the retirement age set by the legislation in force RM;
  • Have stable sources of income.

Required documents:

  • Questionnaire for the purchase of the real estate;
  • Identity card;
  • Certificate regarding family composition;
  • Documents which prove monthly income of the applicant: Salary certificate issued by the employer or certificate regarding income & expenses  (for individuals who practice freelance); Work record card / work contract / authorization for the realization of the certain activity  (original and copy); Income statement, if applicable; Other additional documents which may prove Beneficiary’s solvency.
  • The same documents have  to be presented for the spouse, in case when the Beneficiary does not have sufficient sources of repayment;
  • Bills of household expenses for the closest date possible (receipts);
  • Documents which prove the ownership right of real estate (land, house, car) and other assets (deposits);
  • Documents  related to collateral;
  • Contract and insurance policy  for the real estate – collateral;
  • Contract and insurance policy for  life and loss of ability to work;
  • Mandatory Medical Insurance Policy.