Mortgage

About the mortgage loan

Purpose

purchase / construction of residential real estate located in Moldova

modernization / consolidation / rehabilitation / extension / completion of residential real estate

purchase of land plots for residential constructions provided only the construction project is financed

Minimum term

13 months

Maximum term

30 years

Maximum credit amount

up to 100% of the project cost

Advantages of mortgage loan

Now you can have a house with much more comfortable conditions than the house for which you have been saving money for years
Pay for your own home, not for rent
The purchased real estate or another residential real estate is accepted as a collateral
The long term of the credit allows considerably reducing the amount of the monthly repayment rates
You can be owner of your own home or improve your living conditions starting from today
Benefit from free revaluation of the real estate for the entire credit period
Low costs, transparent and flexible credit conditions
Quick examination of credit applications

Eligibility criteria of the applicant

citizenship of the Republic of Moldova or foreign citizenship / statelessness – tax residence of the Republic of Moldova
minimum age of 18 years old at the date of credit issuance
maximum age of 65 years old at the maturity date of the credit
official income and capacity to pay that meets the bank requirements
at least 6 months of work at the current job and at least 6 salary records in the State Tax Service Report
no credits/ loans subject to enforcement in the last 3 years

Required documents for mortgage loan

documents confirming the monthly income of the applicant and the co-debtor(s) – the salary is extracted from the database of the State Tax Service/ the certificate confirming the military pension and other types of pensions/ confirmation of receipt of remittances/ lease contract/ declaration of income/ employment contract from abroad (for co-debtor)/ decision on distribution of dividends and others (as applicable)
a copy of the individual employment contract and its last addendum (at the request of the bank, if applicable)
the identity card and the supplementary sheet of the applicant and the co-debtor(s)
upon purchase of residential real estate – the sale and purchase pre-contract or the sale and purchase contract with payment in instalments, authenticated, concluded with the natural or legal person that is selling the dwelling, specifying its selling price, address, payment procedure and the amount paid as an advance, or the contract of investments in constructions and/or the certificate of transfer and acceptance, or other documents from which the value of the purchased real estate results
upon construction/ modernization/ consolidation/ rehabilitation/ extension/ completion of the residential real estate – the cost estimate, other documents from which the value of the financed project results
upon purchase of a land plot for residential construction, only in the case of financing of the construction project – the seller's title deed for the land plot concerned, building permit, town planning certificate, technical execution project, cost estimate and cost estimate evaluation report, other documents from which the value of the financed project results
in case of refinancing of the real estate credit/ loan issued by another financial institution – information on the balance of the refinanced real estate/ mortgage credit (e.g. account statement showing the balance of the contracted credit/ certified by the bank/ credit contract/ repayment schedule), the agreement of the bank that initially issued the credit with the subsequent mortgage (as the case may be)
the title deeds of the real estate provided as collateral
the excerpt from the Real Estate Register issued by the Public Services Agency
the valuation report of the real estate provided as collateral
the insurance policy of the real estate provided as collateral

Costs of mortgage loan

Interest Rate within the promotion.

Interest Rate: fixed in the first 24 months, starting with the 25th month

10.62% floating, consisting of the Index of reference of the NBM (Index 7.62% + Bank's fixed margin 3%) - for customers who meet one of the following conditions:

receive salary on a Victoriabank card
are employed in the IT field
work in a company providing accounting services
work in a company company with more than 500 employees

11.12% floating, consisting of the Index of reference of the NBM (Index 7.62% + Bank's fixed margin 3.5%) - for customers who do not meet any of the specific conditions mentioned above.

File analysis commission:

File analysis commission 0 MDL
Annual Commission - 500 MDL

Example of calculation

With promotional Interest Rate: 8.9% fixed in the first 24 months, starting with the 25th month - 10.62% floating, consisting of the Index of reference of the NBM (Index 7.62% + Bank's fixed margin 3%), for a credit of 750,000.00 MDL with a term of 25 years, the monthly payment is 6,242.69 MDL (principal and related interest). The effective annual interest rate (AER) is 10.78%, and the total amount payable (loan amount + all related costs) is 2,120,970.55 MDL.

With promotional Interest Rate: 8.9% fixed in the first 24 months, starting with the 25th month - 11.12% floating, for a credit of 750,000.00 MDL with a term of 25 years, the monthly payment is 6,242.69 MDL (principal and related interest). The effective annual interest rate (AER) is 11.20%, and the total amount payable (loan amount + all related costs) is 2,193,833.57 MDL.

Cerere de credit Adeverinta de salariu