Housing Loan "New Home"

If you have already taken the decision to buy or build a home for your family and you, New Home loan is exactly for you.

We at ProCredit Bank understand that buying a home is an important step and we are going to be there for you at all stages of this process.

 

Our Advantages:

 

  • a fixed interest rate for the first 10 years to ensure yourself peace of mind and to plan your costs in the long term
  • preliminary approval - you get an approval for a loan and then you can choose your home freely and calmly
  • аdditional financing, if your new home needs energy efficiency improvements.

 

Loan amount up to EUR 250,000 
Maximum financing Up to 80% of market value of the property used as collateral
Currency BGN or EUR
Loan period Up to 20 years
Application processing fee BGN 50
Disbursement fee Free of charge
Early repayment fee (full/partial)

1% if the repayment takes place within the first 12 months;
Free of charge if the repayment takes place after the 12th month.

Management fee Free of charge
Fee for change of the loan conditions 0.50% over the amount due (min. 50, max. 500 currency units)
Interest rate

Floating interest rate or

Fixed interest rate for the first 10 years period

Collateral

Mortgage on newly purchased real estate, or other real estate

Choose between:

  • Responsibility with all properties
  • Responsibility only with collateral established
Collateral valuation fee Please see the  Bank's price list 
Fees related to issuance of documents for registration/deletion of mortgage Please see the  Bank's price list 
Other conditions

The age of the borrower may not exceed 65 years before maturity of the loan

  • Visit any branch of ProCredit Bank and complete a  loan application for private clients (customers with salaries/income from businesses)
  • Present the required documents
  • You will receive a response within 48 hours of presenting all required documents 



Required documents for customers with salary income:


Required documents for customers with business income:

Every loan application is considered individually and additional documents may be asked according the opinion of the bank employee.