Mortgage loan
About the bank
To enter UBB click on logo
Established
in 1992 through the merger of 22 Bulgarian regional commercial banks, the first and most comprehensive consolidation project in the Bulgarian banking sector.
Privatised
in 1997, the first privatisation of a large state-owned Bulgarian bank.
Banking Licence:
Full banking licence for domestic and overseas banking and financial operations.
Memberships and Others:
Association of Commercial Banks in Bulgaria Bulgarian Stock Exchange Central Securities Depository Europay International Visa International JCB (Japan Credit Bureau) - Japan's premier and largest card company S.W.I.F.T. IIF - Institute of International Finance - The Global Association of Financial Institutions BIBA - Bulgarian Industrial and Business Association BBLF - Bulgarian Business Leaders Forum Licensed primary dealer of government securities Licensed investment intermediary for corporate securities trading Western Union AgentMortgage Loan
Mortgage Loan for Purchasing Real Estates
by Citizens of EU, USA and Canada
A long-term loan for purchasing real estates by citizens of EU, USA and Canada.
Requirements:
minimum 23 of age the sum of the age and the loan period should not exceed 65 The client should have legitimate income, sufficient to cover loan installments and interestApplications can be filled in personally or by a representative – a Bulgarian citizen with a permanent address in this country.
To enter UBB click on logo
Purpose Purchase of a real estate
Client segment Citizens of EU member states, USA and Canada
Sale channels Agencies, construction companies, UBB branches
Currency EUR
Own funds 40%
Minimum amount EUR 7 500
Maximum amount EUR 150 000
Maximum period 15 years
Age restrictions 23 years of age minimum,
age + loan period = maximum 65 years
Interest rates Promotion rates:
1.5% for the first year*
or
5.9% for the first 3 years*
Standard interest rate for the remaining part
of the loan period: 7.95%
Application Fee BGN 20
Administration fee 0.5% once off, payable at loan disbursement,
0.5% of the outstanding loan principal per annum
Collateral Pledge of property in favor of the bank
Prepayment fee 5%
Insurance Property insurance
