UniCredit Bulbank will make happy those who want to buy a new home with a summer promotion for mortgage loans. The preferential terms of the loans are valid until the end of September. Candidates for some of the following products can benefit from the promotion - standard mortgage loan, bridge mortgage loan, mortgage loan for construction of one-family house and mortgage loan for reconstruction and renovation.
UniCredit Bulbank tries to be as close as possible to the clients and to offer products that are appropriate for their needs. This is why we reduce the price of the loan - and in addition to lower interests, we give clients the possibility to benefit from lower fees", said UniCredit Bulbank's Ekaterina Panayotova, Head of Marketing and Client Segments Department.
The lower interests will be valid both for the loans in leva and for the loans in euro. An important condition in order for the clients to benefit from the promotions is to use additional services and products from UniCredit Bulbank. For example, when the salary is transferred through UCB the interest rate of the loan will be reduced with 30 basis points from the one offered at the moment.
The clients of UniCredit Bulbank will be able also to reduce the mortgage loan maintenance and service fee, and the more additional banking products they use the bigger the reduction of such fees. The additional bank products can be a package program and/or insurance "Credit protection" to the respective mortgage loan and/or a new Pioneer savings plan.
Thus for example, for a standard mortgage loan in euro amounting to EUR 50 thousand for a period of 20 years, the clients can reduce their annual percentage rate down to 8.7% (according to the salary received on account in the bank), if they also use the following products offered by the bank: Credit protection insurance, Unico Classic package program (or VIP) and Pioneer savings plan /Life insurance from Alliantz. The conditions of this loan also envisage an initial five-year promotion period during which the interest is 6.79%.
Eligible for the preferential proposal are also all existing borrowers who fulfil the conditions of the bank and regularly service their mortgage loans.
Especially for the summer period UniCredit Bulbank also offers a preferential fee for early repayment of a mortgage loan - 0% in case of repayment with own funds of the borrower for all newly approved by 30 September 2011 standard mortgage loans.
Additional advantage for the clients of UniCredit Bulbank is the special program "Share and save". Every borrower, who brings a new client, who utilizes a loan can save up to one interest payment. There is no limit of the number of clients brought to the bank.