Mortgage loan


Open up new horizons!


BNP Paribas offers a variety of mortgage loans to help you realize your dreams.


Mortgage loan programs:

• Purchasing of residential properties (flats or a real estate property in countryside) in the secondary residential real estate market (including getting housing conditions improved)



• Granting of loans on pledge of a currently owned flat for the following purposes:
  • purchasing of real estate property
  
  
  • construction of real estate property
  
  
  • purchasing of land plots
  
  
  • purchasing of a room


• Granting of loans on pledge of a currently owned flat for the following purposes:
  • renovation

The advantages of BNP Paribas mortgage loans:

• maximum term for the loan decision is 3 days


• we consider your income confirmed in accordance with the Bank's form


• no moratorium on the early repayment


• early repayment possible after 6 months


• choice of fixed or variable interest rate

Loan conditions

• loan term: up to 20 years


• loan currency: RUBLES, USD, EURO


• loan amount: from 15 000 USD/EURO (or the RUBLE equivalent)


• down payment: from 30% of cost of property

Mortgage loan requirements

You are eligible to receive a mortgage loan if you meet the following requirements:

• you have income sufficient for the amount you wish to borrow


• you have other property, or sufficient funds to make the down payment


• you are not older than 55 years of age for women and 60 for men by the moment of loan repayment


• you have not been convicted of a crime


• you have a valid Moscow city, Moscow region or region of Bank's presence residence permit of at least 6 months


• you have a permanent job at least 1,5 months in Moscow city, Moscow region or region of Bank's presence


• you have been working for at least 4 months at your current job at the time of the loan application

Insurance

In order to receive a mortgage loan the borrower must take out insurance from an approved company:

• the property bought (used as collateral) must be insured against damage or loss


• the borrower must take out a life insurance and catastrophic injury policy


• title insurance

How to apply for a mortgage loan?

• Fill out a mortgage loan application


• Provide your application together with all required documents to the Bank's branch


• Receive loan decision


• Find the property you want to buy.
  For your convenience, BNP Paribas has a list of recommended partners


• Provide independent assessment of real estate


• Prepare the documents necessary for the completion of the loan agreement in accordance with the Bank's instructions


• Conclude insurance agreement with insurance company according Bank's requirements


• Sign loan agreement


• You've become a property-owner

Tariffs:

Mortgage programs, terms, rates


Documents required:

Loan application for mortgage loan granting (100 ko)

• Appendix 1 to the application - Information about the Co-Borrower (90 ko)


• Appendix 2 to the application - Secondary employment information (59 ko)


• Appendix 3 to the application - For business owners (57 ko)