Prima Casă Plus loan

About the credit

What is the Prima Casa Plus credit?

The “Prima Casa Plus” credit is a product offered by Victoriabank within the State Program, which is issued for the purchase of residential real estate, under the conditions laid down by the Law and the Regulation of the Government of the Republic of Moldova.

Who are beneficiaries of the Prima Casa Plus program?

Natural persons, citizens of the Republic of Moldova, who meet the eligibility criteria established according to the “Prima Casa Plus” State Program

Credit period

Maximum 30 years

Pledge

Mortgage of the real estate purchased through the Program

Maximum funded amount

Up to 100% of the purchase price of the house (maximum 2.500.000 lei)

Eligibility criteria of the applicant

Age limits of the applicant: at the granting of the loan at least 18 years, and at the maturity date of the loan – it will not exceed the standard retirement age for the age limit, established by the legislation
Citizens of the Republic of Moldova
Residents of the Republic of Moldova within the meaning of paragraph 5) of Article 5 of the Tax Code No. 1163/1997
The debtor and/or his/her spouse Has stable income from official sources obtained in the Republic of Moldova
On the date of applying for the mortgage loan, the beneficiary or his/her spouse does not own any property in exclusive ownership or together with other family members or owns at most one property regardless of the manner and time in which it was acquired, whose living area is less than 50 m2. A person or his/her spouse who owns a property exclusively or together with other family members, regardless of its size, in a village or commune, except for villages and communes in Chisinau municipality, is also considered eligible.

Eligibility conditions of the real estate to be purchased

location in the Republic of Moldova
the value indicated in the sale and purchase contract does not exceed 2,500,000 MDL
finished, commissioned and registered with the IP "Cadastrul Bunurilor Imobile"
valued by a valuer approved by Victoriabank
no material defects according to the valuation report
free from alienation or encumbrance
will be used exclusively as a residential space by the beneficiary/ his/her family members
in the process, all the modifications related to the real estate will be made subject only to the written consent of Victoriabank, based on a declarative cost estimate of the client approved by the valuer/ technical expert.
the real estate can be sold only after full repayment of the credit and related interests
The beneficiary or his/her spouse have previously purchased at most one dwelling through the Program whose living area is less than 50 m2 and have paid in full the mortgage loan previously contracted, except in cases when the beneficiary or his/her spouse repeatedly requests the purchase of a dwelling with an area of more than 50 m2 through the Program, for the purpose of paying the mortgage loan pursuant to Article 4 letter d).

Required documents

Identity card (applicant, spouse/ co-debtors (if applicable)
Documents proving the income of persons who do NOT collect income at Victoriabank:
- Employment contract + all subsequent agreements
- Documents confirming other types of income considered in addition to the basic income of the applicant (military pension, real estate lease contract, income from entrepreneurial activity)
The certificate, issued by the Public Institution "Cadastre of Real Estate", which confirms that the applicant and, as the case may be, the spouse meet the conditions provided for in paragraph 4. (1), lit. d), e), from Law 218/2024, namely:
- d) at the date of the mortgage loan request, the beneficiary or his/her spouse does not own any home in exclusive ownership or together with other family members or:
  - owns at most one home that, regardless of the method of acquisition and the date on which it was acquired, has a living area less than or equal to 50 square meters; or
  - owns a house in exclusive ownership or together with other family members, regardless of its a living area, located in a village or commune, with the exception of villages and communes in the municipality of Chisinau;
- e) the beneficiary or his/her spouse has previously purchased at most one home through the Program whose living area is less than or equal to 50 square meters and has fully paid off the mortgage loan contracted under the Program.

Documentele aferente imobilul procurat şi adus în garanţie:

Title deeds related to the real estate and the identity card of sellers
Valid excerpt issued by Public Services Agency
Sale and purchase pre-contract, from which the value of the transaction, the advance paid and the remaining payment difference follow
Proof of the advance payment (e.g. current account statement, deposit, Escrow or a relevant statement in the pre-contract)
Real estate valuation report, prepared by an independent valuer approved by Victoriabank

Costs

Interest rate – 8,82%,consisting of the NBM Reference Index (5,82%) + Fixed Margin of the Bank (3,00%)
File analysis fee – 0 MDL
Monthly credit administration fee - 0 MDL
Single credit issuance fee 0%
Guarantee commission – 0.40% annually from the guarantee balance

Be financially responsible and careful to pay back the loan on time.

Example of calculation

For a credit worth 600.000,00 MDL contracted for a period of 10 years, with the interest rate of 8,82% standard, the monthly rate is 7.543,63 MDL. The effective annual interest rate (EAR) is 9,40%. The total payment amount will be 912.156,56 MDL. DAE includes the guarantee fee calculated on the value of the guarantee 50%.

The amount does not include the costs of building insurance.

Appraisal companies approved by Victoriabank 2024

About the credit

F What is the Prima Casa Plus credit?

F Who are beneficiaries of the Prima Casa Plus program?

k Credit period

F Pledge

h Maximum funded amount