Central Cooperative Bank Mortgage Loan to current needs Opportunity
The loan is granted to finance current needs - repair and furnishing, education expenses, family events, medical treatment, etc., as well as for the purchase of real estate and refinancing of loans granted by other banks.
The Bank does not collect any fees for loan granting and management!
- Maximum amount of BGN 600 000 ot its equivalent it EUR
- Interest rate of 2.5%
- Maximum term of 30 years
Interest rate when the client’s responsibility is limited by means of the provision of collateral – 6.5% regardless of the loan currency
No fee for legal collateral analysis.
Free property insurance of the mortgaged property.
Fee for evaluation of the collateral – according to the Tariff of the licensed appraiser.
Fee for preparing an application consent for the deletion of a mortgage - BGN 60 plus VAT.
Fee for renegotiation at the client's initiative - according to the Bank's Tariff.
Package Attraction
When refinancing a mortgage loan from another bank/financial institution
- no fee for preparing a legal opinion
- no collateral assessment fee
- the possibility of taking over the notary fee for establishing a mortgage up to the amount to be refinanced.
Lending up to 85% of the market value of the collateral, under certain conditions.
For a new mortgage loan (legal mortgage)
- no notary fee when lending up to 85% of the market value of the collateral, under certain conditions.
Package Attraction +
In the case of a new mortgage loan and a subsequent mortgage in order, in the case of previous ones in favor of CCB.
For a new mortgage loan for the purchase of a property serving as collateral* for a loan at CCB
- no fee for preparing a legal opinion
- no collateral assessment fee
- no notary fee when lending up to 85% of the market value of the collateral, under certain conditions.
When buying a property - collateral for an existing mortgage loan, a fee for preparing an application - consent to delete the mortgage is not paid.
The annual percentage rate is 2.61% in case of a loan in the amount of BGN 100 000, with a repayment term of 15 years with 2.5% interest rate (BRIRml + margin), and fee for real estate evaluation of BGN 150, fee for preparing an application consent for the deletion of a mortgage of BGN 60, monthly fee for servicing a card checking account of BGN 2.50. The total due amount is BGN 120 021.98 the amount of the monthly installment is BGN 666.79. See the methodology for determining the BRIRml of CCB Plc.
ELIGIBILITY CONDITIONS
You have sufficient insurable earnings
You are employed under an open-ended employment contract
- You receive your income on an account with CCB
COLLATERAL
Fully finished and commissioned residential property
Lending rate
up to 80%- Deductables
minimum 10%
For additional information, call:
*5050 (Call charges are based on the tariffs and policies of the customer’s mobile operator. Calls to a short number may not be included in the free minute package for which CCB cannot be held responsible)
02/9266 500, as well as in all offices of Central Cooperative Bank.
Free property insurance at Armeec Insurance Company
Free debit card MasterCard Debit or Visa Electron
Possibility to issue a Visa CCB - Bulgaria Air credit card at preferential terms
