Mortgage loan for refinancing

Advantages

No Application Fee, no Credit Assessment Free
No property valuation fee
Included insurance of the collateral

Tenor	Up to 30 years
Currency	BGN or EUR
Interest rate	from 2.95%* variable interest rate
Amount	Up to BGN 500 000

Example

APR 3.05% in case of a loan, equaling BGN 80 000 for a tenor of 360 months, variable annual interest rate of 2.95% (RIR+ 2.75% fixed margin) including the following fees: fee of BGN 2 for opening a current account, mortgage obliteration fee - BGN 60, current account maintenance fee - BGN 2.50 per month. APR does not include the notary fees for mortgage establishment, renewal, change or obliteration, nor the state fee for its registration, payable by the Borrower. Repayment in 360 installments, each equaling BGN 335.13; Total Amount Due BGN 121 602.05; The interest rate has been calculated upon UBB’s RIR of 0.2%. RIR is being amended, based on a Methodology, available on UBB's website.

levа

euro

I want a credit amounting to…

levа

I want to redeem the credit for…

months

441.68

levа/month

3.06

Parameters

Interest Rate	Promotional interest rates offer by 31.01.2020: 2.95% (RIR 0.2% + 2.75% fixed margin) for loans exceeding BGN 60 000 (inclusive) 3.95% variable interest rate (RIR 0.2% + 3.75% fixed margin)
Loan Tenor	up to 30 years - mortgage loans for purchase of a real estate up to 20 years - mortgage loans for current needs
Amount	up to BGN 500 000 - for refinancing the purchase of a real estate or land plot up to BGN 200 000 - for refinancing of a loan for current needs, repair works or reconstruction
Collateral	Mortgage on a residential property
Application Fee	No fee
Credit Assessment Fee	*No fee until 31.01.2020
Property Appraisal Fee	*No fee until 31.01.2020
Prepayment Fee	1% on the prepaid principal until payment of the first 12 installments under the loan
Fee for Current Account Opening	BGN 2
Loan Account Maintenance Fee	BGN 2.50 per month
Mortgage Obliteration Fee	BGN 60
Property Insurance	It is necessary to insure the collateral for the loan period under terms and conditions, set by the Bank, with an insurer, chosen by the client. UBB offers you "Home and Family Protection" insurance programe with comrehensive Preperty and Life insurance coverage.

Promotional conditions are valid until 31.01.2020 when reginancing mortgage loan from other banks.

Main required documents

Mortgage Loan Application
ID document of the loan applicant/co-debtor
Statement of Income - as per the Bank's template
Documents, certifying the property’s ownership - Title Deed, Purchase-Sale Agreement or such for establishment of a construction right, signed with the State or Municipal Authorities
Certificate of encumbrances on the property over a past period of minimum 10 years - issued by the Registry Agency
Tax assessment certificate for the property - issued by the Municipality, as per the property’s location
Cadastral layout of the property - issued by the local technical office of the Geodesy, Cartography and Cadastre Agency
Bill of Quantities
Certificate of marital status -issued by the municipality’s Civil Registration Office
Certificate of tax liabilities under Art.87, para.6 of the Tax Insurance Procedure Code - issued by the NRA