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Home renovation loan

The Bank offers lending a home renovation loan, a loan to improve lodging conditions.
Mortgage lending programmes envisage an optimal repayment schedule – annuity-based (repayable in equal instalments) or repayment of the principal in diminishing amounts with interest payable on the current balance.
 
Key features
 
Advantages
Prompt and clear loan approval process
Transparent lending terms and conditions, no monthly fees
Individual interest rate
Depending on your down payment, evidenced income level and other factors, we will be able to offer you an interest rate better than standard
Early repayment option  
No fee
Convenient repayment arrangements
To facilitate repayment you may lodge a direct debit instruction for funds to be automatically debited from your accounts with the Bank in respect of repayment within given amounts and dates  
With the help of Internet banking you can control your loan status and make repayments from your accounts with the Bank without visiting a bank office
 
 
Lending terms
Maturity
Up to 1 year
Up to 3 years
Up to 5 years
The maximum loan amount in relation to the value of collateral
Up to 60%
Up to 60%
Up to 60%
One-time fee
3,00%
Interest rate
min 18,5%
min 23%
min 24%
Monthly fee
N/A
Repayment schedule
Each month, using the annuity or the classical system of repayment
 
Documents to be filed alongside loan application:
1.     Loan application.
2.     Passport of Ukrainian citizenship (including that of the spouse).
3.     Tax ID certificate (including that of the spouse).
4.     Marriage/divorce certificate (if any).
Additional filings for private individuals:
1.     Employment certificate specifying position, years of experience and salary for the past 6 months as attested to by the employer.
Additional filings for sole proprietors:
1.      Certificate of state registration.
2.      Declaration or income report for the last 4 quarters.
The Bank may request additional documents as part of loan approval.
 
For more information please call our Contact Center at: (044) 2 777 000, 0 800 501 500 or leave your contact information and we will contact you at a time convenient to you.