Terms and conditions:
- Loan sum – up to 80% of the collateral market value
- Loan term – up to 35 years
- Beneficial interest rates for use of the loan in Euros and Dollars: starting from 4.15% + 6M Libor
- Individual service
Example:
If You are planning to buy real estate evaluated for EUR 170’000, then You can borrow EUR 136’000 with the interest rate for use of the loan 5.25%*.
Client’s expenses:
- Commission for the Execution of a new mortgage loan – EUR 2040
- Real estate insurance for 1 year – 110 EUR
- Land Register Office and State fees for the pledge registration – EUR 156
Loan payment is calculated by assuming that the loan term is 35 years – 760 EUR/month
Borrow responsible and evaluate your options to return the loan!
Documents necessary for applying for a loan:
- Completed form of Citadele bank Client’s questionnaire, Application for mortgage loan, Application for opening and management of current account;
- Income documents: account turnover for the last 6 months (with a bank's stamp and signature), States Revenue Service confirmation, Statement of employment;
- Assessment of collateral, performed by company accepted by Citadele Bank;
- Other documents may also be required: completed form of Application for Guarantee acceptance, draft of the Purchase agreement or Letter of intent.
More information You can get from Citadele bank credit project managers or at any of our representative offices.
Mortgage lending department
Anastasia Kisela
Phone: +37128603806, +37167010398
Anastasija.Kisela@citadele.lv
All documents necessary for applying for a loan You can submit to our representative offices.
* Calculation is made by taking a 6 months EUR Libor rate 1.10% (at 20.03.2012.) and Bank's fixed part of interest rate 4.15%.
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